Find a TenderAwardedContract details notice
Published 22 Apr 2026, 12:19 BST

Official UK procurement notice

The provision of an Executive and Board Recruitment Partner (ten_1062)

Official notice

Authority: Financial Ombudsman Service Limited (Public body)

ServicesCompetitive flexible procedureAbove thresholdSME suitable
Published estimate£192,000≈ £64k / year · £240,000 inc. VAT21.9% above final estimate
Submissions closed 9 Jun 2026awarded 14 Aug 2026
Awarded to Saxton Bampfylde Hever Ltd, Saxton Bampfylde Ltd
Contract term 3 yrsends 23 Aug 2029 · up to 23 Aug 2030 with extensions · starts 24 Aug 2026

What is being bought

Published requirement description

The Financial Ombudsman Services has awarded a contract for an 3 + 1 year for the provision of an Executive Search agency to support the ad hoc recruitment and selection of our level 10, Executive team and Board members.

  • How the procedure runs: The Financial Ombudsman wishes to procure the provision of an Executive and Board Recruitment Partner using the Competitive Flexible Procedure, in accordance with section 20 and Schedule 1, paragraph 8 of the Procurement Act 2023 (UK3_44). Bidders are required to submit tenders in accordance with the statutory minimum timescales. Only bidders that successfully meet all Stage 1 (Qualification) requirements will progress to the assessment of technical and commercial proposals. Evaluation will be carried out in three stages, in line with the published award criteria: Stage 1 – Qualification Stage 2 – Technical and Commercial Evaluation Stage 3 – Optional Presentation and/or Best and Final Offer (BAFO), to which a maximum of the five highest‑scoring bidders following Stage 2 may be invited. The Financial Ombudsman reserves the right to exclude bidders that do not pass Stage 1 and, following Stage 2, to limit participation in any optional presentation and/or BAFO stage to the highest‑scoring bidders only. The contract will be awarded to the bidder submitting the Most Advantageous Tender (MAT) in accordance with the Procurement Act 2023.

CPV: Recruitment services

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 3 yrsSMEPublished value£192,000
Contract period: 24 Aug 2026 – 23 Aug 2029 (3 yrs) · up to 23 Aug 2030 with extensionsValue: £192,000 exc. VAT · £240,000 inc. VAT
Delivery: UKEligibility: SME eligible
Extensions: Optional extention to the term of the agreement. · 1 x 12 month extension option
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    As described in the Procurement documentation.

  • Technical & professional ability

    As described in the Procurement documentation.

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 60%Price: 40%
Published sub-criteria (2)
  • Technical Award Criteria: 60%
  • Commercial Award Criteria: 40%
Published award criteria (2)
  • Technical Award Criteria: 4 x Technical Ability Questions as set out in the Procurement documents.
  • Commercial Award Criteria: Completion of a bid price template, as provided in the Procurement documents (Recruitment fees).
Conditions of participation2
  • Economic & financial standing

    As described in the Procurement documentation.

  • Technical & professional ability

    As described in the Procurement documentation.

What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Unspecified in notice
First published
22 Apr 2026, 12:19 BST
Last source update
23 Sept 2026, 14:53 BST
Award evaluation window
Submission end – 1 Aug 2026
Authority reference
TEN_1062
FTS notice number
2026/S 000-041144
Latest notice
Contract details notice (UK7)
Classification (CPV)
Recruitment services
Delivery area
UKNorth East (UKC)North West (UKD)Yorkshire & Humber (UKE)East Midlands (UKF)West Midlands (UKG)East of England (UKH)London (UKI)
+2 moreSouth East (UKJ)South West (UKK)
Official registry OCID
ocds-h6vhtk-068862 Find a Tender
Contract terms summary

Payment terms are detailed within the Procurement documents.

How it runs

The Financial Ombudsman wishes to procure the provision of an Executive and Board Recruitment Partner using the Competitive Flexible Procedure, in accordance with section 20 and Schedule 1, paragraph 8 of the Procurement Act 2023 (UK3_44).

Bidders are required to submit tenders in accordance with the statutory minimum timescales. Only bidders that successfully meet all Stage 1 (Qualification) requirements will progress to the assessment of technical and commercial proposals.

Evaluation will be carried out in three stages, in line with the published award criteria:

Stage 1 – Qualification

Stage 2 – Technical and Commercial Evaluation

Stage 3 – Optional Presentation and/or Best and Final Offer (BAFO), to which a maximum of the five highest‑scoring bidders following Stage 2 may be invited.

The Financial Ombudsman reserves the right to exclude bidders that do not pass Stage 1 and, following Stage 2, to limit participation in any optional presentation and/or BAFO stage to the highest‑scoring bidders only.

The contract will be awarded to the bidder submitting the Most Advantageous Tender (MAT) in accordance with the Procurement Act 2023.

How it was run

Official notice
Run through: portal not identified
Electronic submission allowedLanguage: EN
Submission deadline
9 Jun 2026, 12:00 BST
Clarification deadline
20 May 2026, 16:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Access to the procurement documents is provided in this link: procurement.financial-ombudsman.org.uk/web/login.html ↗

Locating the tender:

  1. Go to ‘Sourcing’ or ‘View Opportunities’
  2. Use the search bar to find the opportunity by its reference number or name.
  • Project reference: ten_1062
  • Name: The provision of an Executive and Board Recruitment Partner
  1. Click on the opportunity title to open the tender.
  2. Then select ‘Express Interest’ to access documents
  3. The system will add the tender to your ‘My Responses’ area.
  4. You will now be able to download all tender documents and ask clarification questions.

For escalations contact (including project name and reference) : procurement.enquiries@financial-ombudsman.org.uk

Timeline

22 Apr 2026 → 23 Sept 2026 · 10 dates
  1. Planning notice published189 days ago
    22 Apr 2026, 12:19 BST
  2. Next notice expected177 days ago
    4 May 2026, 23:59 BST
  3. Tender notice published176 days ago
    5 May 2026, 15:07 BST
  4. Clarification questions by161 days ago
    20 May 2026, 16:00 BST
  5. Submission deadline141 days ago
    9 Jun 2026, 12:00 BST
  6. Award decision expected by88 days ago
    1 Aug 2026, 23:59 BST
  7. Assessment summaries sent76 days ago
    14 Aug 2026, 00:00 BST
  8. Contract starts66 days ago
    24 Aug 2026, 00:00 BST
  9. Standstill ends63 days ago
    26 Aug 2026, 23:59 BST
  10. Latest notice published35 days ago
    23 Sept 2026, 14:53 BST

Notice history

11 events · 7 releases on Find a Tender · since 22 Apr 2026
  1. Planned procurement notice published
    22 Apr 2026, 12:19 BST
    UK3
  2. Tender notice published
    5 May 2026, 15:07 BST
    UK4
  3. Status changed to active
    5 May 2026, 15:07 BST
  4. Deadline moved to 9 Jun 2026, 12:00 BST
    5 May 2026, 15:07 BST
    +4 days · was 5 Jun 2026, 15:00 BST
  5. Tender notice published
    5 May 2026, 16:28 BST
    UK4
  6. Tender notice published
    5 May 2026, 16:29 BST
    UK4
  7. Tender notice published
    6 May 2026, 09:00 BST
    UK4
  8. Contract award notice published
    14 Aug 2026, 16:11 BST
    UK6
  9. Status changed to complete
    14 Aug 2026, 16:11 BST
  10. Contract signature expected
    1 Sept 2026, 23:59 BST
    scheduled
  11. Contract details notice published
    23 Sept 2026, 14:53 BST
    UK7
Routine re-releases (7)
  • 2026-05: 3 releases · 5 May 2026, 5 May 2026
  • 2026-04: 1 release · 22 Apr 2026

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £234,0001 award exc. VAT
Bids received 54 from SMEs
Contracts signed 1latest 22 Sept 2026
Awarded toValueDateStatus
Saxton Bampfylde Hever Ltd, Saxton Bampfylde LtdSMEjoint awardThe Provision of an Executive and Board Recruitment Partner1 Sept 2026 – 31 Aug 2029 · up to 31 Aug 2030Extensions: There is an option to extend for a further one (1) year at the sole discretion of the Financial Ombudsman Service.£234,00014 Aug 2026Awarded

Contracts

  • Contract 1 · Saxton Bampfylde Hever Ltd, Saxton Bampfylde LtdSME

    Signed
    22 Sept 2026
    Value
    £234,000
    Period
    22 Sept 2026 – 21 Sept 2029 · up to 23 Sept 2030 with extensions
    Status
    active
    Extensions
    The contract may be extended for up to one additional year at FOS's discretion.
    2 agreed KPIs: Attraction and conversion metrics · Source effectiveness and diversity outcomes
    • Attraction and conversion metrics
    • Source effectiveness and diversity outcomes

Bid statistics published by the authority

BidsSMEVCSEValid bid range
5final-stage tenders · 15 at stage one40—

Contracting authority & participating public bodies

Financial Ombudsman Service Limited

Contracting authorityPublic authority - sub-central government GB-COH: 03725015 · GB-PPON: PGMH-6717-YZGY Exchange Tower, Harbour Exchange Square, London, London, E14 9SRContact email

Bidders & participating suppliers

2 commercial parties on the notice
  • SAXTON BAMPFYLDE HEVER LIMITEDAwarded supplierGB-COH: 02018211GB-PPON: PLMN-7343-MPQX The Ministry, London, London, SE1 1DNContact email
  • Saxton BampfyldeAwarded supplierGB-PPON: PLMN-7343-MPQX 9 Savoy Street, London, London, WC2E 7EGContact email, phone

Official documents & specifications (8)

Official links; attachments are not copied

Tender pack and attachments

  • Bidding documents and specificationstenderBidding documents and specificationsAccess: Access to the procurement documents is provided in this link: https://procurement.financial-ombudsman.org.uk/web/login.html

Notices published for this procedure

  • Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender
  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Planned procurement notice planningPlanned procurement noticeUK3Planned procurement notice on Find a Tender