Award

Business Optix Licences

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

21 May 2022 at 13:35

Award Notice
Summary of the contracting process

The Financial Services Compensation Scheme Limited is seeking to procure Business Optix Licences, which are essential for recording, optimising, and storing process maps used in conjunction with Standard Operating Procedures. This procurement falls under the software package and information systems category, with a total contract value of £40,000. The direct procurement method was employed, specifically a single tender action, and the contract period spans from 1 April 2022 to 31 March 2023. The procurement was awarded on 30 March 2022, and the award notice was published on 21 May 2022.

This opportunity may benefit small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that specialise in software solutions, particularly those with experience in SaaS tools focused on process management. Businesses well-suited for this tender are those that understand operational procedures and can deliver tailored software solutions to enhance organisational efficiency for the Financial Services Compensation Scheme and potentially other similar clients in the future.

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Notice Information

Notice Title

Business Optix Licences

Notice Description

BusinessOptix is a SaaS tool in use at FSCS to record, optimise and store process maps within a hierarchy of operational areas. The tool is used in conjunction with Standard Operating Procedures (SOP)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3d056e5b-3212-4e17-bc2b-a9fa6c996b3e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£40,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
21 May 20223 years ago
Submission Deadline
12 Feb 2022Expired
Future Notice Date
Not specified
Award Date
29 Mar 20223 years ago
Contract Period
31 Mar 2022 - 31 Mar 2023 6-12 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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

BUSINESS OPTIX

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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