Tender

FSCS499 Cheque Printing and Pay-out Service

FINANCIAL SERVICES COMPENSATION SCHEME

This public procurement record has 1 release in its history.

Tender

18 Dec 2024 at 15:00

Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme (FSCS) is seeking to appoint service contracts for primary and secondary cheque providers for their "FSCS499 Cheque Printing and Pay-out Service". This procurement falls under the "Printing and Distribution Services" industry category, with the procurement stage currently at the Tender phase, and adopts an open procurement method. The contract will cover services delivered to various locations including the United Kingdom, British Overseas Territories, the Channel Islands, Europe, the Isle of Man, and globally. The tender period closes on 27 January 2025, with the contract period commencing on 1 April 2025 and concluding on 31 March 2028. The total estimated value of the contract is GBP 400,000.

This tender offers substantial opportunities for businesses involved in printing and distribution services, particularly those capable of ensuring timely and capacitive pay-outs. Small and medium-sized enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are encouraged to participate. Businesses with robust capabilities in delivering large-scale cheque printing services will be well-suited to compete, enhancing their growth prospects through establishing a long-term relationship with FSCS. This contract not only represents a significant financial opportunity but also the potential to expand service offerings and geographical reach.

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Notice Information

Notice Title

FSCS499 Cheque Printing and Pay-out Service

Notice Description

This procurement is to appoint service contracts to a Primary and a Secondary Cheque Providers to assure continuity of pay-out timeliness and capacities.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-db8571c6-7085-45f0-bcc9-fafdef0d5af8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/767bfcda-c9a5-4994-b13e-5959407c685d
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
SME, 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
£400,000 £100K-£500K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Dec 20241 years ago
Submission Deadline
27 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2025 - 31 Mar 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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