Award

Risk and Control Resource Augmentation

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

13 Feb 2025 at 16:06

Summary of the contracting process

The Financial Services Compensation Scheme Limited has completed the procurement process titled "Risk and Control Resource Augmentation" within the Financial consultancy services industry. Located in London (EC3A 7QU), this selective tender was conducted through a call-off from a framework agreement and has now reached the award stage. Key dates include the tender period end date of 27 January 2025, the contract start date of 3 February 2025, and the contract end date of 28 March 2025. The total contract value is £250,000.

This tender presents significant opportunities for business growth, particularly for small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) due to the specified suitability criteria. Businesses specialising in financial consultancy services can benefit from this contract, providing valuable resources and expertise to the Financial Services Compensation Scheme Limited. Large-scale companies, like the awarded supplier PA Consulting Services Limited, also have the opportunity to compete in such specialised procurement processes.

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Notice Title

Risk and Control Resource Augmentation

Notice Description

Risk and Control Resource Augmentation

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2db1536b-cb35-4dba-b2d5-9971794c05ba
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aa4e2201-e449-429b-9020-adb2ded44350
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
£250,000 £100K-£500K
Lots Value
Not specified
Awards Value
£250,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Feb 20251 years ago
Submission Deadline
27 Jan 2025Expired
Future Notice Date
Not specified
Award Date
29 Jan 20251 years ago
Contract Period
3 Feb 2025 - 28 Mar 2025 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
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

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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