Award

Orgnaisational Risk and Resilience Tool

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

This public procurement record has 1 release in its history.

Award

31 Oct 2025 at 11:54

Summary of the contracting process

The procurement process for the "Organisational Risk and Resilience Tool" was conducted by the Financial Services Compensation Scheme Limited, based in London, United Kingdom. This procurement falls under the industry category of "goods," specifically within "Software package and information systems" (CPV: 48000000). The tender was categorised under the procurement stage of "award" and is labelled as complete. The procurement process was executed through a direct method that was below the threshold and did not involve competition. The contract, signed on 2nd February 2023, covers a period from 6th February 2026 to 5th February 2027 with a total value of £42,000 GBP.

This procurement opportunity exemplifies a growth avenue for businesses involved in providing software tools related to organisational risk and resilience. Companies with expertise in developing such technological solutions, especially small to medium enterprises like GIEOM Business Solutions Private Limited, which was the awarded supplier, would find these contracts beneficial in expanding their business footprint. Establishing a productive relationship with a public authority such as the Financial Services Compensation Scheme Limited can enhance a supplier's portfolio and open doors for future government projects and collaborations.

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Notice Title

Orgnaisational Risk and Resilience Tool

Notice Description

Provision of a Risk and Resilience Tool for 12 months while FSCS determine a long term requirements of a solution that will suport FSCS throughout the life of the new strategy when it is launched.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05d7da
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/070041-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£42,000 Under £100K

Notice Dates

Publication Date
31 Oct 20253 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Feb 20233 years ago
Contract Period
6 Feb 2026 - 5 Feb 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
Contact Name
Jean Mutudza
Contact Email
procurement@fscs.org.uk
Contact Phone
+442073758197

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

GIEOM BUSINESS SOLUTIONS

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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