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  5. ›RFP Executive Search Services - 2025 Chair of The Michael…

Awarded contract·Wayne State University·Michigan

RFP Executive Search Services - 2025 Chair of The Michael and Marian Ilitch Department of Surgery

Won by Isaacson, Miller$300kSingle Award
Contract source

Awarded vendors

  • Isaacson, Miller

Description

This solicitation seeks a professional executive‑search firm to conduct a full‑service search for the Chair of the Michael and Marian Ilitch Department of Surgery at Wayne State University’s School of Medicine. The firm must define search parameters, craft job descriptions, build a candidate pool (including passive talent), manage postings, and present qualified candidates to the university’s search committee. Required deliverables include a firm overview, relevant experience with urban research universities, past similar placements, lead consultant biography, methodology for candidate‑pool development, client references, and a detailed fee schedule covering both successful placements and failed searches. The position to be filled carries a compensation range of $850,000–$1,000,000 annually. Proposals are to be submitted electronically via a designated online form, with the final deadline extended to August 13 2025. The award was later made to Isaacson, Miller, though vendor contact details are not disclosed. • Scope: Full executive‑search lifecycle for a senior academic medical leadership role. • Deliverables: Firm profile, past placement data, lead‑consultant resume, search methodology, references, fee schedule. • Process: Electronic submission only; original deadline July 31 2025 extended due to portal malfunction.

Attached files

Key dates

Bids closed
8/13/2025
Contract modified
8/8/2025

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541612

Contract value

$300,000

The RFP does not disclose a fee amount. Executive‑search firms typically charge a percentage of the hired candidate’s first‑year compensation, often ranging from 25% to 35% for senior academic positions. Assuming a mid‑point fee of 30% on the upper salary estimate ($1,000,000) yields a fee of $300,000. This figure also aligns with market rates for high‑profile medical school leadership searches, where firms often propose fees between $250k‑$350k. Therefore a reasonable ball‑park estimate for the contract value is roughly $300,000.

AI estimate from the award documents

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