Award

Bank Wizard

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

25 Nov 2025 at 14:59

Award Notice
Summary of the contracting process

The public procurement process for the "Bank Wizard" software licence was managed by the Financial Services Compensation Scheme Limited, located in London, England. This procurement, identified under CPV code 48000000, falls within the "Software package and information systems" industry category. The procurement process utilised a direct method under a single tender action (below threshold) and has been completed, with the tender period ending on 31st March 2025. The contract is set to run from 1st April 2025 to 31st March 2026. The total value of this contract is £37,047.36.

This tender offers growth opportunities, particularly for businesses specialising in software and information systems. While a large supplier, Experian (UK) Finance Limited, was awarded the contract, small and medium-sized enterprises (SMEs) are suitable for participation in similar opportunities. Such contracts can enable businesses to establish a foothold in the public sector, enhancing their visibility and credibility while expanding their portfolio with high-profile clients like the Financial Services Compensation Scheme Limited.

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Notice Information

Notice Title

Bank Wizard

Notice Description

Bank Wizard software licence

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0f6a8033-597a-464c-a766-23b429c8eff6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7a5352d9-0bd9-43bb-bf45-726627de0971
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£37,047 Under £100K
Lots Value
Not specified
Awards Value
£37,047 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Nov 20253 months ago
Submission Deadline
31 Mar 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 202510 months ago
Contract Period
31 Mar 2025 - 31 Mar 2026 6-12 months
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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

EXPERIAN (UK) FINANCE

Further Information

Notice Documents

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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