Award

Cheque Printing and Pay-out Service

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

01 Oct 2025 at 12:37

Award Notice
Summary of the contracting process

The Financial Services Compensation Scheme Limited, based in London, awarded a contract for "Cheque Printing and Pay-out Service" under an open procedure to be performed within the services industry. The procurement process has progressed to the award stage, with Adare SEC Limited as the appointed supplier. This contract is valued at £196,200 and is expected to span from 7th April 2025 to 6th April 2028. This service pertains to printing and distribution, specifically targeting cheque processing and pay-out needs, particularly under conditions where the Primary Provider lacks capacity or during significant defaults.

This contract presents significant opportunities for businesses involved in printing and distribution services, especially those positioned as secondary or backup service providers. The procurement process encouraged participation from SMEs (small and medium enterprises) and organisations with a social enterprise focus. Adare SEC Limited, an SME, exemplifies a suitable business profile for such tender opportunities, highlighting how smaller entities can effectively compete for public contracts within the UK's services sector. Businesses in similar classifications may consider such tenders as viable channels for expansion and long-term partnerships.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Cheque Printing and Pay-out Service

Notice Description

FSCS requires the services of a Cheque Printing and Pay-out provider on a Secondary basis. The Secondary Provider would provide services in the event any of the following circumstances apply: (i) Primary Provider does not have enough capacity to execute a Payment Services Order to meet FSCS statutory timescales (ii) in the event of a major default(s) where FSCS at its discretion opts to use both suppliers in order to increase its chances of meeting statutory timelines.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3c255cec-5093-4cc9-a4c0-5c03f921d721
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a19c393b-ac97-4981-a299-f8edf504f829
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79824000 - Printing and distribution services

Notice Value(s)

Tender Value
£196,200 £100K-£500K
Lots Value
Not specified
Awards Value
£196,200 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20254 months ago
Submission Deadline
27 Jan 2025Expired
Future Notice Date
Not specified
Award Date
6 Apr 202510 months ago
Contract Period
6 Apr 2025 - 6 Apr 2028 3-4 years
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
TLI London
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ADARE SEC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-3c255cec-5093-4cc9-a4c0-5c03f921d721-2025-10-01T13:37:13+01:00",
    "date": "2025-10-01T13:37:13+01:00",
    "ocid": "ocds-b5fd17-3c255cec-5093-4cc9-a4c0-5c03f921d721",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "FSCS499",
        "title": "Cheque Printing and Pay-out Service",
        "description": "FSCS requires the services of a Cheque Printing and Pay-out provider on a Secondary basis. The Secondary Provider would provide services in the event any of the following circumstances apply: (i) Primary Provider does not have enough capacity to execute a Payment Services Order to meet FSCS statutory timescales (ii) in the event of a major default(s) where FSCS at its discretion opts to use both suppliers in order to increase its chances of meeting statutory timelines.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79824000",
            "description": "Printing and distribution services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 196200,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure (above threshold)",
        "tenderPeriod": {
            "endDate": "2025-01-27T14:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-04-07T00:00:00+01:00",
            "endDate": "2028-04-06T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": true
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/t7A7KJFS",
            "name": "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED",
            "identifier": {
                "legalName": "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/t7A7KJFS"
            },
            "address": {
                "streetAddress": "10Th Floor",
                "locality": "LONDON",
                "postalCode": "EC3A7QU",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "Procurement@fscs.org.uk",
                "telephone": "08006781000"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-02814431",
            "name": "Adare SEC Limited",
            "identifier": {
                "legalName": "Adare SEC Limited",
                "scheme": "GB-COH",
                "id": "02814431"
            },
            "address": {
                "streetAddress": "133 Scudamore Road Braunstone Frith Industrial Estate Leicester England LE3 1UQ"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/t7A7KJFS",
        "name": "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-3c255cec-5093-4cc9-a4c0-5c03f921d721-1",
            "status": "active",
            "date": "2025-04-07T00:00:00+01:00",
            "datePublished": "2025-10-01T13:37:13+01:00",
            "value": {
                "amount": 196200,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-02814431",
                    "name": "Adare SEC Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-04-07T00:00:00+01:00",
                "endDate": "2028-04-06T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/a19c393b-ac97-4981-a299-f8edf504f829",
                    "datePublished": "2025-10-01T13:37:13+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}