Tender

GB-London: Insurance File Review Audit

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 2 releases in its history.

TenderAmendment

28 Jun 2023 at 08:10

Tender Notice
Tender

16 Jun 2023 at 12:05

Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme has issued a tender for an "Insurance File Review Audit" in London. The procurement stage is currently active, with a deadline for tender submissions set for 7th July 2023. This tender falls under the insurance services category and has a contract period starting on 7th August 2023 and ending on 6th August 2024.

This tender presents an opportunity for businesses in the financial and insurance services sector to engage with the FSCS in ensuring third-party claims handling agents meet required standards. Companies with expertise in insurance auditing and claims file review are well-suited to compete for this tender. The suitability criteria for this procurement allow for voluntary, community, and social enterprises to participate, aiming at a thorough evaluation of claims handling performance for the benefit of stakeholders.

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Notice Information

Notice Title

GB-London: Insurance File Review Audit

Notice Description

NOTE: This notice was updated on 28 June 2023 for the following reason: FSCS have decided to extend the tender deadline date to 2pm on 7th July 2023(FSCS require an expert insurance auditor to help ensure 3rd party claims handling agents are meeting appropriate standards. This will involve undertaking detailed reviews of claims files and related records to evaluate the performance of said 3rd party claims handling agents.)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-70b3aeb1-02d4-471d-a68b-afc14dae348b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2fe9bb4f-f781-41fc-b3c3-2e5ca126f537
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
Tender Suitability
VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

66510000 - Insurance services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Jun 20232 years ago
Submission Deadline
30 Jun 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
6 Aug 2023 - 6 Aug 2024 1-2 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
FINANCIAL SERVICES COMPENSATION SCHEME
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
Not specified
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

Further Information

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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