---
title: "Payout Digitisation Support"
ocid: "ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2023-06-19"
---

# Payout Digitisation Support

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd.json)

## Summary

The Financial Services Compensation Scheme Limited has recently awarded a contract for a project titled "Payout Digitisation Support" in the services industry category. The procurement method used was "selective", with the contract value set at £174,600. The tender period ended on June 1, 2023, and the contract period is from June 5, 2023, to July 14, 2023. The contracting authority is based in London, England, and the main procurement category is services.

Businesses specializing in financial consultancy services and digitised payout systems are well-suited to compete for this opportunity. Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations are encouraged to participate. This tender presents a chance for growth and collaboration, offering a specific scope for discovering options for an upgraded digitised payout system. Interested entities can contact Procurement@fscs.org.uk for further details.

## Notice

This was an urgent requirement to undertake discovery project in relation to reviewing options for an upgraded digitised pay out system.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/80530b5f-3a78-43c3-8ac9-43dee78bf6fb |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Jun 2023 |
| Submission deadline | 31 May 2023 |
| Future notice date | Not specified |
| Award date | 1 Jun 2023 |
| Contract period | 4 Jun 2023 - 14 Jul 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £174,600 |
| Lots value | Not specified |
| Awards value | £174,600 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FINANCIAL SERVICES COMPENSATION SCHEME LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC3A 7QU |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Portsoken |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | OLIVER WYMAN |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 19 Jun 2023 at 16:56 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/80530b5f-3a78-43c3-8ac9-43dee78bf6fb

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/80530b5f-3a78-43c3-8ac9-43dee78bf6fb
  19th June 2023 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-20066fb8-4ef6-486b-b2cc-62a295ff20fd.json.