Agency Investment Board

Contractor Korn Ferry US

SWIFT Contract Number 210352

Project Name Exec Director Search

Project Number (if applicable) {Empty}

Summarize purpose of the contract, including why it was necessary: The MN State Board of Investment, which is made up of the Governor, Secretary of State, State Auditor and the Attorney General created a search committee to find the new Executive Director and Chief Investment Officer of the MN State Board of Investment. The search committee employed Korn Ferry in the search process to find and evaluate potential Executive Directors. The search was completed and a new Executive Director and Chief Investment Officer was hired. The contract is complete.

Project Duration

Start Date Fri, 03/18/2022 - 00:00

Original end date Fri, 03/15/2024 - 00:00

Actual end date Fri, 03/15/2024 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) {Empty}

Contract Amounts

Original contract: $155000.00

Amendments {Empty}

Contract total $155000

Did project finish within budget? Yes

What was the funding source? 2000-Dedicated

Is this a sole source contract? No

If this was a single source contract, explain why the agency determined there was only a single source for the services (if applicable) {Empty}

Evaluator Name Gina LeBrun

Evaluator Email Address gina.lebrun@state.mn.us

Evaluate the contractor's timeliness Timeliness satisfactory.

Evaluate the contractor's quality Quality satisfactory.

Evaluate the contractor's cost Cost satisfactory.

Evaluate the contractor's overall performance Performance satisfactory.

Would you engage the contractor's services again? Yes

Describe any negative action taken during the duration of this contract (i.e., termination, pursuit of suspension, etc.): n/a

Please rate the overall experience with the contractor 4 - satisfied