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Awarded contract·Wayne State University·Michigan

RFP Executive Search Services - 2023 Associate Dean for Research for the College of Nursing

Won by Korn Ferry$60kSingle Award
Contract source

Awarded vendors

  • Korn Ferry

Description

This procurement seeks a full‑service executive‑search firm to conduct the search for an Associate Dean for Research within the College of Nursing at Wayne State University. The university requires the vendor to manage all phases of the search, from defining the position and developing the job description to sourcing, vetting, and presenting qualified candidates, with an expectation of a collaborative process with the search committee. Proposals must include firm background, relevant higher‑education search experience, lead consultant bios, client references, and a detailed fee schedule. The award will be made to the firm that demonstrates the strongest combination of expertise, methodology, and cost‑effectiveness. • Scope: Complete executive‑search process for a senior academic leadership role. • Requirements: Demonstrated experience with university‑level searches, national reach, three client references, and a transparent fee structure. • Timeline: RFP issued August 21 2023; proposals due September 01 2023, with award subsequently made to Korn Ferry.

Attached files

Key dates

Bids closed
9/1/2023

Last updated

Details

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

Contract value

$60,000

The RFP does not disclose a fee amount, but executive‑search engagements for senior academic positions typically charge a percentage of the hired individual’s first‑year salary (often 25‑35%). With the advertised salary range of $180,000‑$200,000, a 30% fee would be roughly $57,000 to $60,000. Adding typical retainer or travel costs could bring the total to about $60,000‑$70,000. Therefore, a reasonable ball‑park estimate for the contract value is approximately $60,000.

AI estimate from the award documents

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