Tender

FSCS467 Supply of Temporary and Permanent Personnel (Master Vendor) Services

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Tender

15 Nov 2024 at 17:10

Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme (FSCS) has initiated a procurement process to secure a Master Vendor contract for the supply of temporary and permanent personnel services. The procurement, identified as "FSCS467 Supply of Temporary and Permanent Personnel (Master Vendor) Services," pertains to the recruitment services industry, categorised under CPV code 79600000. The process is currently in the Tender stage, with key dates including the tender period ending on 16th December 2024 at 12:00 PM and the contract period spanning from 1st July 2025 to 30th June 2027. The location for service delivery is London, United Kingdom. FSCS is employing a restricted procedure for this selective procurement, reflecting its objective to attract candidates with the appropriate skills and experience to support the organisation’s strategic goals.

This tender presents significant opportunities for businesses specialising in recruitment services, particularly those adept at managing both permanent and temporary placements. The considerable contract value of £56,000,000 signifies a substantial business opportunity, especially for SMEs and VCSEs. Companies experienced in seamlessly transitioning vendor arrangements and providing comprehensive recruitment support could greatly benefit from participating. It is an excellent opportunity for firms to grow their footprint within the financial services sector, leveraging their expertise to meet the FSCS’s staffing needs effectively.

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Notice Information

Notice Title

FSCS467 Supply of Temporary and Permanent Personnel (Master Vendor) Services

Notice Description

In September 2024, FSCS published a Prior Information Notice in relation to procurement of master vendor contracts under two Lots, (i) Claims handler and (ii) Non-claims handler. The two Lots covering both permanent and contractor roles across the Scheme. Following a Supplier Briefing event, FSCS decided to procure all its requirements for temporary and permanent personnel under a single Master Vendor contract. FSCS already has a specialist recruitment framework for executive and non-executive roles. The new master vendor contract will be in addition to this arrangement and will therefore not include executive and non-executive roles. The services will include supporting a FSCS's People Team to attract, recruit and retain candidates with the right blend of skills, qualifications, experience, knowledge, and attitude into the right roles and in the right place to deliver on the Scheme's strategy. The services must include the smooth transition from our existing master vendor arrangement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d79c90ea-c42f-43f2-9c82-efdc91881249
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3c089d28-7c9c-43e5-902d-e1cc913772ee
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79600000 - Recruitment services

Notice Value(s)

Tender Value
£56,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Nov 20241 years ago
Submission Deadline
16 Dec 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2025 - 30 Jun 2027 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
TLI London
Local Authority
City of London
Electoral Ward
Portsoken
Westminster Constituency
Cities of London and Westminster

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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