UK SBS PS150268 Benchmarking Survey reports

The Shareholder Executive was formed in 2003 to improve the Government's performance as a shareholder in businesses. It currently has a portfolio of c.20 businesses in which Government has a shareholding, and works with government departments and management teams to help these businesses perform better.

The Shareholder Executive has also developed a wider role as a corporate finance resource within government which includes leading on asset sales and advising on corporate governance, companies in distress and other government commercial interventions. More recently it has also led on the incubation of new public bodies such a Green Investment Bank and the British Business Bank.

From 1 April 2016, the Shareholder Executive (currently part of the Department for Innovation and Skills and UK Finance Investments (a company wholly owned by Her Majesty's Treasury (HMT)) will merge into a new company, UK Government Investments, which will be 100% owned by HMT. The new private company will, therefore, be a public sector company but outside the mainstream Civil Service. It will have around 150 staff.

We are reviewing the remuneration levels for the new organisation to ensure that suitable structures are in place to enable us to continue to recruit people with private sector corporate finance and other commercial experience.

We are seeking to procure benchmarking information to help us develop our remuneration structures we will need from 1 April 2016.

Additional information: As part of the strategic alliance between UK Shared Business Services Ltd (UK SBS) and Crown Commercial Service (CCS), UK SBS can use the CCS eSourcing Suite for future procurements.

If you have not yet registered on the eSourcing Suite, this can be done online at https://gpsesourcing.cabinetoffice.gov.uk by following the link 'Register for CCS eSourcing'. Please note that, to register, you must have a valid DUNS number (as provided by Dun and Bradstreet) for the organisation which you are registering, who will be entering into a contract if invited to do so.

Once you have registered on the eSourcing Suite, a registered user can express an interest for a specific procurement. This is done by emailing ExpressionOfInterest@crowncommercial.gov.uk

Your email must clearly state: the name and reference for the procurement you wish to register for; the name of the registered Bidder; and the name and contact details for the registered individual sending the email.

Crown Commercial Service will process the email and then enable the Bidder to access the procurement online via the e-Sourcing Suite. The registered user will receive a notification email to alert them once this has been done.

The Sourcing documents can then be accessed on the eSourcing Suite at: https://gpsesourcing.cabinetoffice.gov.uk using the instructions detailed in the Specification documents within Contracts Finder.

As a user of the e-Sourcing Suite you will have access to Emptoris email messaging service which facilitates all messages sent to you and from you in relation to any specific RFX event. Please note it is your responsibility to access these emails on a regular basis to ensure you have sight of all relevant information.

For technical assistance on use of the e-Sourcing Suite please contact Crown Commercial Service Helpdesk : Telephone: 0345 010 3503

Training documents to support Bidders utilise Emptoris CCS eSourcing are available in the Contracts Finder Tender documents section.