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 15:35

Summary of the contracting process

The Financial Services Compensation Scheme Limited (FSCS), based in London, is seeking a primary cheque printing and pay-out service provider to manage the production and distribution of a substantial quantity of cheques. The procurement process was conducted using the open procedure, appropriate for above-threshold contracts, and falls under the services category within the printing and distribution services industry. The contract period commenced on 16th April 2025 and will conclude on 15th April 2028. The procurement, valued at £203,800, aims to secure an efficient solution to handle up to one million cheques being printed and mailed within a seven-day timeframe in the event of a deposit failure, covering locations primarily within England.

This award presents significant growth opportunities for businesses specializing in high-volume printing and distribution services, especially those with advanced capabilities in time-sensitive operations. Companies classified as SMEs and VCSEs with strong logistical frameworks and experience in financial document handling would be well-suited to compete in similar future tenders. Integrity Print Ltd, a supplier already involved in this contract, exemplifies the type of organisation that can benefit from such projects, enhancing their portfolio and industry reputation by partnering with a high-profile buyer like FSCS.

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Notice Title

Cheque Printing and Pay-out Service

Notice Description

FSCS requires the service of a Primary Cheque Printing and Pay-out provider to print large volumes of cheques which exceed in house printing capabilities. The services of the cheque printer is also required to meet a deposit failure pay-out timeline whereby up to 1 million cheques would need to be printed and mailed within 7 days of default.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3f724a38-4c45-415c-80aa-ee4ff2d64ba6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7f0212a6-8d05-4094-a22f-ed80f883f13c
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
£203,800 £100K-£500K
Lots Value
Not specified
Awards Value
£203,800 £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
15 Apr 202510 months ago
Contract Period
15 Apr 2025 - 15 Apr 2028 3-4 years
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
08006781000

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), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

INTEGRITY PRINT

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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