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  5. ›RFP Exec Search Firm for Associate Vice President, Major…

Awarded contract·Wayne State University·Michigan

RFP Exec Search Firm for Associate Vice President, Major Gifts and Planned Giving - 2024

Won by Talent Citizen$80kSingle Award
Contract source

Awarded vendors

  • Talent Citizen

Description

This solicitation seeks a full‑service executive search firm to conduct an exhaustive search for the Associate Vice President, Major Gifts and Planned Giving at Wayne State University. The firm must design the search, create the job description, source and evaluate candidates, manage the online application process, and provide DEI‑focused recruitment. Proposals are due electronically by March 15 2024, and the award has been made to Talent Citizen. The contract will be funded by the university’s procurement budget, with no fixed fee disclosed; firms must submit their own fee schedule covering unsuccessful searches and early departures. • Scope includes full search lifecycle, candidate screening, and DEI integration. • Required deliverables: job description, candidate pool, interview coordination, lead consultant biography, and three client references. • Vendor must submit a fee schedule and comply with FOIA‑public disclosure requirements.

Attached files

Key dates

Bids closed
3/15/2024
Contract modified
3/7/2024

Last updated

Details

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

Contract value

$80,000

Executive search firms typically charge a success fee ranging from 25% to 35% of the incumbent’s first‑year salary, plus any travel or out‑of‑pocket expenses. The advertised salary range for the position is $200,000‑$225,000, suggesting a base fee of roughly $60,000‑$78,750. Adding estimated travel and miscellaneous expenses (≈ $5,000‑$10,000) results in a likely contract value between $65,000 and $90,000. A conservative ball‑park estimate would be around $80,000.

AI estimate from the award documents

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