Award

Strategic Technology Partner

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 2 releases in its history.

Award

02 Jul 2020 at 19:00

Award Notice
Tender

26 Aug 2019 at 07:43

Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme Limited is conducting a procurement process for a "Strategic Technology Partner" as it seeks to transform its IT services. This process falls under the services industry category with an estimated contract value of £40 million. The tender period ended on 26th September 2019, and the contract is scheduled to begin on 25th May 2020, lasting until 24th May 2025, with potential extensions. The procurement method is selective, adopting a competitive procedure with negotiation, aimed at identifying a strategic partner for essential IT services, including cloud-based support and software development.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) and voluntary community and social enterprises (VCSEs) that specialise in IT consulting, software development, and cloud services. Businesses that can provide foundational, transformation, and future IT services, particularly those with innovative technological solutions, will be well-positioned to compete. The selected partner will benefit from a long-term relationship with FSCS, potentially extending the engagement to up to seven years while contributing to the ongoing service transformation and delivering solutions that align with the organisation's strategic vision.

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Notice Information

Notice Title

Strategic Technology Partner

Notice Description

FSCS' 2 major IT contracts, application development/test and IT Hosting services, are coming to an end. The organisation is embarking on a new strategy for the 2020's and an ambitious programme to transform the way in which we serve our customers. Although these contracts adequately support the delivery of current operational services, the organisation needs a new strategic technology partner to meet its changing needs for the 2020's. As a result, FSCS is looking at evolving the way to source and deliver its IT services. Our aim is to secure a strategic technology partner. FSCS currently performs a range of functions in-house, as well as those currently outsourced. FSCS' aim, over the life of the contract, is to develop the right mix of services to be performed either in-house or to be outsourced to a partner. In determining the most appropriate approach, it will be necessary to accommodate: - FSCS' ambition to exploit the benefits of a cloud-based environment, - the potential replacement of our FSCS main claims technology platforms as part of our ongoing service transformation, - FSCS' desire to embrace, where appropriate, new innovative technologies. Potential service providers should note that this procurement is not looking to simply re-let the existing contracts but is looking for a long term 'Strategic Partner' who can support FSCS to fulfil the CIO Strategy for the future. The scope of the services is split into 3 areas: foundation services, transformation services and future services. Foundation services: FSCS requires several services to be in place, or to be available, from the start of the contract. This includes: - strategic partnership, - software development lifecycle, - personnel - time and materials, - hardware and software, - microsoft azure and office 365 Support. Transformation services: In order to deliver FSCS' strategic vision we recognise there are areas of our technology that require transformation. We expect the transformation to start when the contract starts, and the initial phases to be costed, but for each subsequent phase to be agreed and costed as we move through the transformation. This includes: - selection, implementation and support of claims platform - cloud assessment, migration and support. Future services: Future services are areas of technology provision that might be moved into this contract over time but would be agreed on a case by case basis. We have laid out the potential scope of these services, so suppliers have an upfront view of what additional services might be available over the life of the contract. This includes but not limited to: - IT service functions, - support for finance solutions, - infrastructure services, - service desk/ITSM tooling. Additional information: There will be an option for FSCS to extend the contract on 2 occasions for a maximum duration of 12 months on each of those occasions, therefore making the effective service term a potential total term of 7 years. The contract value is an estimate based on the duration including extension options. FSCS may require the supplier to provide additional services in order to meet future changes in demands/needs or new initiatives. Any such modification shall be in the terms of Regulations 72 of the Public Contract Regulations 2015.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-007cd02e-2b96-4fe3-aa98-36f77955f7ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8b644ee2-2146-4bc3-af17-cfe3ceb7cdd2
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive procedure with negotiation (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£40,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£40,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20205 years ago
Submission Deadline
26 Sep 2019Expired
Future Notice Date
Not specified
Award Date
21 Jun 20205 years ago
Contract Period
21 Jun 2020 - 21 Jun 2025 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
Contact Name
Chris Sutherland
Contact Email
procurement@fscs.org.uk
Contact Phone
0207 375 8194

Buyer Location

Locality
LONDON
Postcode
EC3A 7QU
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CAPGEMINI

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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