Tender

CON-22-140 Flexible Benefits Selection & Brokerage

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Tender

03 Aug 2022 at 14:30

Summary of the contracting process

The Financial Conduct Authority is seeking bids for the tender titled "CON-22-140 Flexible Benefits Selection & Brokerage," aimed at providing a portal for employees to select benefits as part of their employment package, along with the identification and onboarding of benefits providers. This procurement falls under the industry category of personnel and payroll services, with a total estimated contract value of £750,000. The tender is currently in the Active stage of procurement and was published on 3rd August 2022, with a submission deadline set for 2nd September 2022. The contract period will span from 31st October 2022 to 30th June 2026 and is open to submissions under an open procedure procurement method.

This tender represents a significant opportunity for small and medium-sized enterprises (SMEs) specialising in employee benefits management, insurance brokerage, or payroll services. Businesses with experience in developing digital platforms for employee engagement or providing a suite of insurance products would be particularly well-suited to compete. Engaging in this tender not only enhances business visibility but also fosters potential long-term relationships with a major regulatory authority in the UK.

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Notice Title

CON-22-140 Flexible Benefits Selection & Brokerage

Notice Description

The successful supplier will provide a portal for employees to select benefits as part of their employment package. They will also identify and onboard benefits providers and perform brokerage services for insurance related benefits (e.g. Private Medical Insurance, Dental Insurance, Life Assurance etc.).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3a4a111b-388b-413f-87d4-7ee50f48679c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/933002c9-aa47-4de2-a54a-1495826661b0
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79631000 - Personnel and payroll services

Notice Value(s)

Tender Value
£750,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
3 Aug 20223 years ago
Submission Deadline
2 Sep 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Oct 2022 - 30 Jun 2026 3-4 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FINANCIAL CONDUCT AUTHORITY
Contact Name
Not specified
Contact Email
kevin.mcmahon@fca.org.uk
Contact Phone
+442070664634

Buyer Location

Locality
LONDON
Postcode
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

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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