This public procurement record has 1 release in its history.

Award

07 Aug 2026 at 12:09

Summary of the contracting process

Financial Services Compensation Scheme Limited procured annual support and maintenance services for its Siebel platform. The requirement covers software support services for the organisation’s business systems, delivered in the United Kingdom. This is a services contract bought by a public authority responsible for operating the Financial Services Compensation Scheme. The scope is focused on maintaining and supporting Siebel rather than supplying new software, implementation work or wider information technology services. Businesses relevant to this requirement are therefore providers of Siebel platform support, maintenance and associated technical assistance, particularly those able to support a UK public-sector financial services organisation.

The procurement is complete and was awarded through a direct procedure without competition because it was below threshold. One lot was awarded to Oracle Corporation UK Limited. The award is active and the contract was signed on 14 May 2026. The contract runs from 14 May 2026 to 13 May 2027, with a gross value of £204,462. The award covers software support services for the Siebel platform. The recorded evaluation route was a below-threshold direct award without competition, rather than a tender assessing competing bids. This outcome identifies Oracle Corporation UK Limited as the selected supplier for the requirement.

This procurement demonstrates a defined requirement for specialist Siebel support and maintenance within a UK public-sector financial services environment. A future competitor would need demonstrable Siebel platform expertise, including the ability to provide reliable ongoing software support, maintenance and technical assistance rather than one-off consultancy or generic IT services. Credibility would also depend on sufficient support capacity to maintain a live business platform throughout an annual service arrangement, with clear understanding of operational continuity and support responsibilities. Suppliers with established enterprise software support capability and experience serving regulated or public-sector organisations would be well placed to meet a similar requirement when this buyer next reviews the service.

How relevant is this notice?

Notice Title

Siebel Support and Maintenance

Notice Description

This is an annual support and maintenance of Siebel platform

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06deff
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/075250-2026
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72261000 - Software support services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£204,462 £100K-£500K

Notice Dates

Publication Date
7 Aug 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
14 May 20263 months ago
Contract Period
14 May 2026 - 13 May 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
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
Not specified

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

Supplier Information

Number of Suppliers
1
Supplier Name

ORACLE CORPORATION UK LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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