Award

Payroll Services

THE FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

07 Nov 2022 at 12:32

Award Notice
Summary of the contracting process

The Financial Conduct Authority has awarded a contract for the provision of full managed payroll services for all FCA employees. The contract, titled "Payroll Services," was awarded to CGI IT UK Limited following a selective procurement method, calling off from a framework agreement. The contract value is £730,000, and the contract period spans from December 1, 2022, to November 30, 2024. The procurement stage is at the award phase, with the tender closing on July 27, 2022.

This contract opportunity, initiated as a tender, could be beneficial for service providers specialised in payroll management services. Businesses interested in providing these services to large organisations, such as CGI IT UK Limited, should consider similar opportunities within the financial services sector. The contract awarded by The Financial Conduct Authority presents a lucrative prospect for service-oriented companies seeking to expand their client base and establish long-term partnerships in the UK.

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Notice Information

Notice Title

Payroll Services

Notice Description

Full managed payroll service for all FCA employees.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5d907afc-19ef-4702-b9bc-c4815f4f5923
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2aa645c0-b1cd-4a38-af16-9024bddbc661
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79211110 - Payroll management services

Notice Value(s)

Tender Value
£730,000 £500K-£1M
Lots Value
Not specified
Awards Value
£730,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Nov 20223 years ago
Submission Deadline
27 Jul 2022Expired
Future Notice Date
Not specified
Award Date
5 Oct 20223 years ago
Contract Period
1 Dec 2022 - 30 Nov 2024 2-3 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
THE FINANCIAL CONDUCT AUTHORITY
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
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

Supplier Information

Number of Suppliers
1
Supplier Name

CGI IT

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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