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  5. ›RFP 26-10 Executive Search and Recruitment Search Firm…

Massachusetts College of Art and Design·Massachusetts

RFP 26-10 Executive Search and Recruitment Search Firm Services

Closes 3/17/2026$200k – $1MRequest for Proposal
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Description

MassArt is seeking qualified executive‑search firms to provide full‑cycle senior‑level recruitment services and supplemental talent‑acquisition support for a three‑year term. The contract will cover 2‑4 searches per year, each governed by milestone‑based payments and a performance‑guarantee replacement provision. Vendors must deliver a comprehensive search process—from position definition through onboarding—and may also be called upon for a‑la‑carte services such as compensation benchmarking, diversity outreach, interview facilitation, and interim leadership placement. Proposals are due electronically by March 17, 2026, with questions due March 11, 2026. The award is expected the week of March 23, 2026. • Full‑service Tier 1 searches require a final qualified pool (minimum three candidates), coordination with campus search committees, background checks, and a 12‑month replacement guarantee. • Milestone invoicing: 33 % at contract execution, 33 % upon delivery of the final qualified pool, 34 % upon executed offer letter; net‑30 payment terms. • Supplemental “Tier 2” modules (e.g., compensation benchmarking, diversity strategy, interview facilitation) can be purchased separately under the same contract. • Vendor must use its own candidate portal/ATS, disclose the system, and provide demographic reporting for all candidates contacted and submitted. • No guaranteed volume beyond the anticipated 2‑4 searches per year; the contract may be terminated by either party with 30 days written notice.

Attached files

Contact

Lucas Dean(Executive Director of Administrative Services)

[email protected]

(617) 879-7935

Key dates

Opened
3/3/2026
Questions due
3/11/2026
Closes
3/17/2026
Projected award
3/23/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541612
Solicitation №
RFP 26-10

Budget estimate

$200,000 – $1,000,000

The RFP does not disclose fees, but executive‑search contracts typically charge 20‑30 % of the first‑year salary of the hired leader. Assuming senior‑level salaries at MassArt range from $150,000 to $250,000, each search could generate $30,000‑$75,000 in fees. With an anticipated 2‑4 searches per year over a three‑year term (≈6‑12 searches total), total contract revenue could fall between roughly $200,000 and $1,000,000, depending on search volume, fee structure (percentage vs. flat‑fee), and any supplemental services added.

AI estimate from the solicitation

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