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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 on October 10 2023 to conduct a full‑service executive search for the position of Chief of Staff & University Relations Officer, a senior role reporting directly to the university President. The search firm is expected to design the search strategy, develop the job description, recruit nationally (both active and passive candidates), manage the search committee interaction, and provide a lead consultant with detailed qualifications. The position carries an annual salary of $200‑$225 K, and the university expects the vendor to submit a fee schedule (often a percentage of the hired executive’s salary) and guarantee provisions for early departures. Proposals were due electronically by October 20 2023, and the contract was subsequently awarded to Korn Ferry. No fixed fee amount was disclosed; the university will evaluate proposals based on experience, methodology, references, and cost structure. • Scope: Full‑service national executive search for a senior university leadership role. • Deliverables: Search strategy, candidate pool, lead consultant résumé, references, fee schedule, guarantee terms. • Timeline: RFP issued Oct 10, proposals due Oct 20 2023; award announced thereafter. • Vendor: Korn Ferry (selected as the sole awardee).

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. The hired position’s salary range is $200‑$225 K, and executive‑search firms typically charge a fee of 20‑35 % of the hired salary plus any reimbursable expenses. Assuming a mid‑range fee of 30 % yields a base fee of about $60,000. Adding reasonable expenses (travel, advertising, assessment tools) could bring the total to roughly $70,000–$80,000. Therefore a ball‑park estimate for the contract’s value is approximately $75,000.

AI estimate from the award documents

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