Award

Office Refurbishment and Fitout Services for new premises

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

30 Dec 2025 at 00:59

Summary of the contracting process

The Financial Services Compensation Scheme Limited has recently completed a procurement process for the "Office Refurbishment and Fitout Services" project, which involves the renovation and fitting out of their new central London office premises. This contract, detailed under CPV code 45453100, was awarded following a restricted procedure method and covers comprehensive design and build fit-out services for approximately 10,000 to 20,000 sq ft of office space. The awarded contract to Peldon Rose Limited, valued at £4,257,309.44, spans from 11th December 2025 to 15th May 2026, marking the completion of this refurbishment initiative within the specified timeline. The procurement, originally valued between £1,000,000 and £5,000,000, specifically encourages the participation of small or medium enterprises (SMEs).

This tender presents significant business growth opportunities, especially for businesses specialising in construction, office design, and mechanical and electrical installations. Given the project's requirements for diverse office equipment and systems installations, companies offering innovative solutions in these areas would be well-suited to compete and successfully fulfil the contract's demands. SMEs particularly, with capabilities in delivering comprehensive interior and technical fit-out solutions, are positioned to leverage such contracts to expand their portfolio and establish strong partnerships within the public sector.

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Notice Title

Office Refurbishment and Fitout Services for new premises

Notice Description

FSCS are relocating to a new central London office and FSCS therefore require design and build fit out services to procure their new premises. The project will include the full CAT-B fit out of a circa 10,000 - 20,0000 sq ft of Central London office space, procured under a JCT Design and Build 2024. This will include design and installation of all typical mechanical and electrical equipment for an office, supply and install of desks, chairs and IT desktop equipment, partitioning, break-out areas and some cellularised spaces. The project will include the installation of a communications room that will include fire protection systems, air conditioning systems, leak detection, UPS and a potential standby generator to be located in an area to be confirmed with the landlord. The requirement for a stand by generator will be confirmed within the ITT. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.Please note this is a below threshold tender process.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11713b8f-7285-4448-9aa0-ad5c084ef4fd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/78deea13-6cb0-4b1e-a009-53267470368e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Not Specified
Procurement Method Details
Other - Restricted procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work


CPV Codes

45453100 - Refurbishment work

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,257,309 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
30 Dec 20251 months ago
Submission Deadline
21 Feb 2025Expired
Future Notice Date
Not specified
Award Date
9 Jul 20257 months ago
Contract Period
11 Dec 2025 - 15 May 2026 1-6 months
Recurrence
Not specified

Notice Status

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

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 7AW
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
TLI London

Local Authority
City of London
Electoral Ward
Aldgate
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PELDON ROSE

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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