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TfL 96476 - Remuneration Benchmarking Services for Executives

Transport for London · Public undertaking

In brief

Transport for London has announced plans to buy consultancy work. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.

The estimated value is £800,000 excluding VAT.

The contract runs for 4 years, up to 5 years with extensions, starting 1 September 2026.

Built from the notice's own fields. Always check the official notice before you bid.

Can I win this?

Competition

Usually low: a median of 2 bids per contract for this buyer (from 47 awards in the last 12 months).

What the notice says

TfL requires a consultancy to provide support with the annual executive remuneration benchmarking exercise covering TfL's Executive Committee and Director Population (c 60). There will also be a requirement to support with ad-hoc requests for data (across levels not restricted to Executive and Director Level or equivalent), market research and market insight throughout the Agreement. As a major provider of remuneration benchmarking the Consultant will own a number of multi-industry proprietary surveys including, but not limited to, Executive and Director Level roles from which the Consultant are able to draw robust market data from an agreed peer group of organisations. Please note this is a pre-requisite for selection and must be in place in time for Service Commencement. 1.2 Core Requirements 1.2.1 Executive Benchmarking 1.2.2 Supporting Activities If you are interested in taking part in the Early Market Engagement Opportunity - then please send an e mail to nickharris@tfl.gov.uk entitled TfL 96476 Early Market Engagement Bespoke Remunerations for an EME Questionnaire

How to bid

  1. Read the full notice on Find a Tender, including any tender documents it links to.
  2. Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
  3. Follow the submission instructions in the notice; it does not name an e-tendering portal.

Timeline

  1. Preliminary market engagement notice · UK2, notice 085056-2025

About the buyer

Transport for LondonLast 12 months

Procurements

377

Awards

153

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From notice 085056-2025 on Find a Tender, first published 19 December 2025. We last checked for changes on 28 September 2026.