Award

Flexible Benefits Selection & Brokerage

FINANCIAL CONDUCT AUTHORITY

This public procurement record has 1 release in its history.

Award

30 May 2023 at 12:00

Summary of the contracting process

The Financial Conduct Authority has recently awarded a contract for the brokerage of flexible benefit providers and provision of a selection portal for flexible benefits. The contract, titled "Flexible Benefits Selection & Brokerage," falls under the industry category of "Personnel and payroll services." The total contract value is £400,000 GBP, with the contract period running from June 1, 2023, to May 31, 2026. The procurement method used was the "Open procedure," with the tender period closing on December 17, 2022.

This tender presents an opportunity for SMEs and VCSEs interested in providing personnel and payroll services to expand their business. Businesses located in various regions, including United Kingdom, European countries, and beyond, are eligible to compete for this contract. Interested parties are advised to prepare their proposals in line with the specifications outlined by the Financial Conduct Authority to maximise their chances of securing the contract.

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Notice Title

Flexible Benefits Selection & Brokerage

Notice Description

Brokerage of flexible benefit providers and provision of portal for the selection of flexible benefits.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-85360600-41b2-48e3-8245-fcb9fffb891e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d1ab3252-c2e6-4d3f-bc7c-6b8ac2ee01de
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
Tender Suitability
SME, VCSE
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79631000 - Personnel and payroll services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 May 20232 years ago
Submission Deadline
17 Dec 2022Expired
Future Notice Date
Not specified
Award Date
17 Dec 20223 years ago
Contract Period
31 May 2023 - 31 May 2026 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 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

AON

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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