Published date: 3 April 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 25 March 2024, 12pm

Contract summary

Industry

  • Feasibility study, advisory service, analysis - 71241000

Location of contract

WA3 6GR

Value of contract

£47,280

Procurement reference

CF-0134400D4L000000iAvzUAE

Published date

3 April 2024

Closing date

25 March 2024

Closing time

12pm

Contract start date

3 April 2024

Contract end date

30 June 2024

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No


Description

Carry out an independent audit and assurance of the outcomes of our incentive schemes within NRS Sites and NRS Dounreay. It includes an audit and assurance of the LTIP, STIP and PCH bonus and incentive targets and the final outcomes including reviewing the evidence files associated with the achievement of the targets and the final payment against those targets.

Work required to be completed is: -  

- Review of initial findings, context and discussions with HR / Rem Co process and outcomes
- Review of evidence - measure by measure (with follow ups for clarification)  
- Interim draft / reviews with Chief People Officer on status and gaps 
- Production of paper for Rem Co with recommendations on bonus out-turn  
- Presentation at Rem Co and completion of work by end of June


More information

Previous notice about this procurement

Korn Ferry support 2024-25 - audit and assurance of the LTIP, STIP and PCH bonus

  • Awarded contract
  • Published 3 April 2024


Award information

Awarded date

3 April 2024

Contract start date

3 April 2024

Contract end date

30 June 2024

Total value of contract

£47,280

This contract was awarded to 1 supplier.

Korn Ferry (UK) Ltd

Address

Korn Ferry Ryder Court, 14 Ryder Street London, London, SW1Y 6QB

Reference

None

Supplier is SME?

No


About the buyer

Contact name

Alwena Owen

Address

Hinton House, Birchwood Park Avenue, Risley
Warrington
WA3 6GR
GB

Email

alwena.owen@magnoxsites.com