Tender

GB-London: FSCS499 Cheque Printing and Pay-out Service

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Tender

23 Dec 2024 at 14:35

Tender Notice
Summary of the contracting process

Financial Services Compensation Scheme (FSCS) has initiated an open procurement process for the provision of Cheque Printing and Pay-out services, titled "FSCS499 Cheque Printing and Pay-out Service". The procurement involves appointing a primary and a secondary service provider to ensure statutory timelines are met under various circumstances. This tender falls under the Printing and Distribution Services industry and covers broad locations including the United Kingdom, Channel Islands, Europe, and others. The procurement stage is currently active with the tender period ending on 27th January 2025, and the contract period running from 8th April 2025 to 7th April 2028. The estimated contract value ranges from £100,000 to £500,000.

This tender presents an excellent opportunity for businesses specialising in printing services and payment solutions to secure a significant contract with a reputable organisation like FSCS. Companies that have the capacity to handle large-scale cheque printing and distribution, and can offer reliable support in meeting tight statutory deadlines, are well-suited for this opportunity. Additionally, those that can act swiftly in case of capacity issues or defaults by the primary provider will be valued. This tender is particularly suitable for Voluntary, Community and Social Enterprises (VCSEs) due to the suitability criteria set by FSCS.

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Notice Information

Notice Title

GB-London: FSCS499 Cheque Printing and Pay-out Service

Notice Description

FSCS is seeking to appoint two single Service Providers for the provision of Cheque Printing and Pay-out services. FSCS would seek to appoint a preferred/primary service provider (winning bid) and a secondary Service Provider (second placed bid ranked based on outcome of tender evaluation). The Secondary Provider would be able to provide services in the event any of the following circumstances apply: (i) Preferred Service Provider does not have enough capacity to execute a Payment Services Order to meet FSCS statutory timescales (ii) in the event of a major default(s) where FSCS at its discretion opts to use both suppliers in order to increase its chances of meeting statutory timelines.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9c2333fe-105e-44e9-a522-d61c657a164d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c9e5dab9-f58b-447d-bde6-7354ae64194b
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

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

CPV Codes

79824000 - Printing and distribution services

Notice Value(s)

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

Notice Dates

Publication Date
23 Dec 20241 years ago
Submission Deadline
27 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
7 Apr 2025 - 7 Apr 2028 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
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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