Award

Payout Digitisation Support

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

19 Jun 2023 at 16:56

Award Notice
Summary of the contracting process

The Financial Services Compensation Scheme Limited has recently awarded a contract for a project titled "Payout Digitisation Support" in the services industry category. The procurement method used was "selective", with the contract value set at £174,600. The tender period ended on June 1, 2023, and the contract period is from June 5, 2023, to July 14, 2023. The contracting authority is based in London, England, and the main procurement category is services.

Businesses specializing in financial consultancy services and digitised payout systems are well-suited to compete for this opportunity. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate. This tender presents a chance for growth and collaboration, offering a specific scope for discovering options for an upgraded digitised payout system. Interested entities can contact Procurement@fscs.org.uk for further details.

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Notice Information

Notice Title

Payout Digitisation Support

Notice Description

This was an urgent requirement to undertake discovery project in relation to reviewing options for an upgraded digitised pay out system.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/80530b5f-3a78-43c3-8ac9-43dee78bf6fb
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

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£174,600 £100K-£500K
Lots Value
Not specified
Awards Value
£174,600 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20232 years ago
Submission Deadline
31 May 2023Expired
Future Notice Date
Not specified
Award Date
1 Jun 20232 years ago
Contract Period
4 Jun 2023 - 14 Jul 2023 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
Not specified
Contact Email
procurement@fscs.org.uk
Contact Phone
Not specified

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

OLIVER WYMAN

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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