Award

Building Consultancy Services

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

28 Oct 2025 at 14:44

Summary of the contracting process

The Financial Services Compensation Scheme Limited (FSCS), located in London, England, conducted a procurement process titled "Building Consultancy Services" in the industry category of building consultancy, classified under CPV code 71315200. This selective procurement process employed a call-off from a framework agreement, with bidding deadlines finalised on 28th June 2024, and the contract period set from 2nd October 2024 to 30th March 2026. The procurement stage has reached completion with the award phase recorded on 28th October 2025. The contract valued at £609,000 was awarded to the supplier Newmark Gerald Eve LLP. The procurement aimed at engaging a service provider to aid FSCS in assessing commercial property options and formulating a property strategy, addressing risk, technical issues, budget, and compliance amongst others.

This procurement presents significant opportunities for growth among businesses specialising in building consultancy services. It is particularly suited for SMEs and VCSEs due to indicated suitability, and offers a substantial contract value, potentially benefiting firms equipped to handle comprehensive property assessments and strategy formulations. Businesses with expertise in risk assessment, construction compliance, and budget control will find this tender particularly advantageous. The project’s focus on comprehensive management of commercial assets aligns with the strengths of firms adept at managing multifaceted consultancy tasks within the property sector.

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Notice Title

Building Consultancy Services

Notice Description

FSCS is looking to engage the services of a specialist Service Provider to assist with assessing commercial property options and helping FSCS to formulate a property strategy. The Service Provider will assess and report on risk, technical issues, budget control, procurement, construction, compliance and future management of asset or assets.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c25a9645-e4b1-4fb7-ba32-ab20718dc5fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e81dc14e-788b-4862-9936-a3fa95607ef5
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
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71315200 - Building consultancy services

Notice Value(s)

Tender Value
£650,000 £500K-£1M
Lots Value
Not specified
Awards Value
£609,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Oct 20253 months ago
Submission Deadline
28 Jun 2024Expired
Future Notice Date
Not specified
Award Date
27 Sep 20241 years ago
Contract Period
1 Oct 2024 - 30 Mar 2026 1-2 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 SERVICES COMPENSATION SCHEME LIMITED
Contact Name
Jean Mutudza
Contact Email
jean.mutudza@fscs.org.uk
Contact Phone
02073758091

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

Supplier Information

Number of Suppliers
1
Supplier Name

NEWMARK GERALD EVE

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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