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  5. ›RFP Executive Search Services - 2023 Chief of Staff &…

Awarded contract·Wayne State University·Michigan

RFP Executive Search Services - 2023 Chief of Staff & University Relations Officer

Won by Korn Ferry$75kSingle Award
Contract source

Awarded vendors

  • Korn Ferry

Description

Wayne State University issued an RFP for a full‑service executive‑search engagement to fill the newly created Chief of Staff & University Relations Officer role. The university seeks a firm that will design and execute every phase of the search, develop a collaborative job description, recruit both active and passive senior‑level candidates, post the vacancy on the university’s hiring system, and ensure final candidates submit required applications. Proposals must include firm background, experience with urban research universities, past senior‑level placements, lead consultant résumé, fee schedule, and three client references. The deadline for bid submission was October 20 2023, and the contract was subsequently awarded to Korn Ferry. No contract term, start or end dates, or renewal provisions were disclosed. • Scope – complete executive‑search process for a $200‑$225 K senior position. • Required deliverables – experience evidence, lead‑consultant bio, fee schedule, references. • Vendor – awarded to Korn Ferry, a global executive‑search firm.

Attached files

Key dates

Bids closed
10/20/2023

Last updated

Details

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

Contract value

$75,000

The RFP does not disclose a contract dollar amount. Executive‑search firms typically charge a fee equal to a percentage of the placed candidate’s first‑year compensation, commonly 30 % of base salary. With the advertised salary range of $200,000‑$225,000, a 30 % fee would be $60,000‑$67,500. Adding a modest retainer and possible travel/recruitment expenses could raise the total to roughly $70,000‑$80,000. Therefore a reasonable ball‑park estimate for the contract value is about $75,000.

AI estimate from the award documents

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