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FSCS580 Risk Management System

Financial Services Compensation Scheme

This public procurement record has 1 release in its history.

Tender

05 Aug 2026 at 23:14

UK4 - Tender Notice
Summary of the contracting process

The Financial Services Compensation Scheme is procuring a risk management system, including the system licence, ongoing support and maintenance. This is an information technology services requirement for use in the United Kingdom. The buyer is seeking a supplier able to provide and sustain a system that meets its functional and non-functional requirements, with the detailed technical specification available in the tender materials. The requirement is a single service package rather than a set of separately described products or works. It is suitable for small and medium-sized enterprises. The successful supplier will provide the technology and associated support needed for FSCS’s risk management activities throughout the contract term.

The process has reached tender: FSCS invited suppliers to submit offers through an open competitive flexible procedure. It is a two-stage process. Stage 1 tenders are checked against financial, legal and technical conditions of participation, then the three highest-scoring suppliers, subject to the stated tie arrangements, are intended to progress to system demonstration or presentation at Stage 2. The most advantageous tender will be awarded the contract. Enquiries and tender submissions were due by 1 September 2026 at 12:00 BST, with the award decision due by 2 October 2026. The contract is planned from 16 October 2026 to 15 October 2029, with two possible 12-month extensions to a maximum end date of 15 October 2031. Its gross value is £420,000. Evaluation is 70% technical quality and 30% price.

This opportunity suits technology suppliers with experience delivering risk management systems and providing licensing, support and maintenance over a multi-year public-sector contract. Bidders must demonstrate that they meet FSCS’s financial, legal and technical conditions of participation before their tenders receive full evaluation. The technical requirements are set out in the functional and non-functional requirements and the ITT documents. Shortlisted suppliers must be able to take part in a system demonstration or presentation and perform well against the stated scoring methodology. Technical quality carries substantially more weight than price, so suppliers with a strong, demonstrable solution and credible delivery capability are well placed. Submissions are electronic and must be in English.

How relevant is this notice?

Notice Information

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).

Notice Details

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 20262 weeks ago
Submission Deadline
1 Sep 20261 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 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

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 7AW
Postcode Area
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

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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