RFP - Board Placement (Executive Search)

Added: Aug 31, 2011 10:47 am Executive Search Services for the Department of Treasury, Office of Financial Stability. Contractor will screen and recommend candidates for placement on the Boards of Directors for certain institutions / corporations in the Capital Purchase Program. The U.S. Department of Treasury created the Capital Purchase Program (CPP) in October 2008 to stabilize the financial system by providing capital to viable financial institutions of all sizes throughout the nation. With a strengthened capital base, financial institutions have an increased capacity to lend to U.S. businesses and consumers and to support the U.S. economy. Treasury has acquired preferred stock and subordinated debt in CPP institutions and the corresponding legal right to appoint two members to the Boards of Directors of these institutions. Contractor support is required to develop placement criteria for board positions, develop candidate lists/search books, formally present candidates to Treasury, and conduct background investigations. Board members will not be federal government employees. Board positions are part-time in nature, may be compensated as determined by individual institutions, and required a high-level of specialized expertise. A Federal Business Opportunities synopsis was previously issued for this acquisition on 7/23/2011. The solicitation or Request for Proposals document is attached to this notice. Prospective offerors are requested to submit proposals in accordance with the solicitation instructions. Note that the proposal deadine is 9/21/2011 at 11:00am EST.