Tender

Secure Cheque Printing and Pay-out Services

FSCS

This public procurement record has 1 release in its history.

Tender

17 Oct 2018 at 09:56

Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme (FSCS) is currently conducting a tender process for "Secure Cheque Printing and Pay-out Services" in the financial services industry. This open procurement process will close on 16th November 2018. The awarded contracts will commence on 24th April 2019, lasting until 23rd April 2022. Service Providers will be tasked with implementing standby and payment services, as well as providing secure cheque production and dispatch capabilities, all of which are to be compliant with specific security and operational standards. The delivery of services will be based in London, United Kingdom, and the tender invites participation from various service providers in this sector.

This procurement presents excellent opportunities for businesses specialising in secure printing and payment services, especially small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs). Companies that can demonstrate capabilities in managing sensitive materials, ensuring compliance with stringent standards, and providing robust project management will have a competitive edge. By successfully securing a contract with the FSCS, providers can significantly enhance their portfolio and establish long-term relationships in the financial services sector.

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Notice Information

Notice Title

Secure Cheque Printing and Pay-out Services

Notice Description

FSCS is seeking to award Service Contracts to two (2) individual Service Providers for the provision of secure Cheque Printing and Pay-out Services comprising the following: 1. Implementation Services: -Put in place standby and payment services capable of anytime short notice invocation. -Supplier project management of design, including End to End testing, through to implementation of standby service. 2. Standby Services: -Cheque base-stock and envelope stock production and storage capability, or outsource/sub-contract facilities for same -Security around plant, stock and process consistent with sensitive materials and mail handling, and accredited cheque production 3. Payment Services: -Printing, enclosing and dispatching cheques to the required standards within the required timeframes -Receiving data for up to two (2) million records on Day 1, and ensuring all records are dispatched by last post before the end of Day 4 (exceptions apply to non-Business days). -Receipt/transmission of data in FSCS prescribed pipe delimited .txt via a Secure File Transfer (SFTP), a secure method over the Internet (e.g. SFTP, Portal or Website secured by TLS 1.2 or higher) , Error handling and Management Information Reporting over invocation period via same protocol. -Returned mail handling and reporting facility Each Contract for Cheque Printing and Pay-out Services will be the same and it is intention that FSCS will award the Primary Service Provider contract to the Tenderer having submitted the most economically advantageous tender then Secondary Service Provider contract to Tenderer of the second most economically advantageous tender. All Service Providers shall be required to provide Implementation services to set up services, and Standby Services following 'set up' for the term of the contract. Pay-out services will be on a tiered approach as described below. The work to be allocated to the Service-Providers is on a tiered basis so that Primary Provider is preferred followed by Secondary Provider where Primary Provider is unable to meet all or part of the requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-49bc5cec-c1a0-430f-90b3-2ce83bef471c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3097259b-adb3-4a93-8515-3277baf38683
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 (above threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Oct 20187 years ago
Submission Deadline
16 Nov 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
23 Apr 2019 - 23 Apr 2022 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
FSCS
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

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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