This public procurement record has 1 release in its history.

Tender

05 Aug 2026 at 22:14

Summary of the contracting process

The Financial Services Compensation Scheme (FSCS) is initiating a procurement process for the FSCS580 Risk Management System, which focuses on the provision of licensing, support, and maintenance of a risk management system. The procurement falls under the Information Technology Services industry and is set to be conducted in London, UK, with a contract value of £420,000. Governed by the Procurement Act 2023, this tender is conducted through an open, competitive flexible procedure. As of 5 August 2026, the tender is in the active stage, with a deadline for submission by 1 September 2026, with an award period expected to conclude by 2 October 2026. Interested parties should note that all submissions must be made via the designated eSourcing portal.

This tender presents a substantial opportunity for businesses specialising in IT services, particularly those with capabilities in risk management systems. The competitive flexible procedure allows for a transparent and fair assessment, offering potential growth for firms meeting the technical, legal, and financial criteria. Small and medium-sized enterprises (SMEs) are encouraged to participate, as they are deemed suitable for this contract, which may be extended over a maximum of five years, subject to performance. Companies proficient in delivering high-quality, cost-effective solutions stand to benefit, as the contract prioritises technical quality and price with weighted evaluation criteria.

How relevant is this notice?

Notice Title

FSCS580 Risk Management System

Notice Description

Provision of licensing, support and maintenance of a Risk Management System. For more information about this opportunity, please visit the eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Information-technology-services./A3CP384655 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/A3CP384655

Lot Information

Lot 1

Renewal: FSCS may extend the contract twice by 12 months on each occassion (Maximum term 5 years).

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06dcfd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/074428-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222300 - Information technology services

Notice Value(s)

Tender Value
£420,000 £100K-£500K
Lots Value
£420,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 20261 weeks ago
Submission Deadline
1 Sep 20263 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
15 Oct 2026 - 15 Oct 2029 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

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 7AW
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
TLI4 Inner London - East

Local Authority
City of London
Electoral Ward
Aldgate
Westminster Constituency
Cities of London and Westminster

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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