Award

Strengthening the 3LOD - Phase 2

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

30 Oct 2025 at 17:13

Award Notice
Summary of the contracting process

The contracting process for the project titled "Strengthening the 3LOD - Phase 2" was managed by the Financial Services Compensation Scheme Limited, located in London, England. This procurement focused on business and management consultancy services, classified under CPV 79400000, and followed a selective procurement strategy by call-off from a framework agreement. The procurement stage is now marked as complete, with the award dated 1st May 2025, and the contract period running from 8th May 2025 to 31st October 2025. The tender, which was aimed at remediating business processes with a technology focus, had a total contract value worth £320,000.

This tender presents a valuable opportunity for businesses within the consultancy sector, particularly those familiar with the work of the Financial Services Compensation Scheme. Enterprises that specialise in technology-driven process improvements would find this project particularly advantageous. The call-off from a framework agreement suggests that businesses already positioned on this framework are ideally suited to compete. The focus on SME and VCSE suitability further opens the field to small and medium-sized enterprises, providing them a platform to showcase their capabilities in delivering timely and effective solutions.

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Notice Information

Notice Title

Strengthening the 3LOD - Phase 2

Notice Description

Following a review of business processes on an urgent basis. FSCS require a service provider familiar with the work of FSCS to ensure a timely and effective remediation. This phase will build on the completed review work with a lens on the business processes, and apply a technology focus against those, thereby providing a holistic view of the control position This activity is requires continuity, to achieve the right outcomes. Additional information: ***Direct Call-Off of the FCA CON-20-115 - Consultancy & Skilled Persons Framework*******

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19cc1f54-0afa-4069-9ea2-8abeb314983f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/66ced899-10b4-4de6-93c4-68155dcde247
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£320,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Oct 20253 months ago
Submission Deadline
1 May 2025Expired
Future Notice Date
Not specified
Award Date
30 Apr 20259 months ago
Contract Period
7 May 2025 - 31 Oct 2025 1-6 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

PA CONSULTING SERVICES

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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