---
title: "Recal Pension Calculator"
ocid: "ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2021-03-09"
---

# Recal Pension Calculator

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6.json)

## Summary

The Financial Services Compensation Scheme Limited is conducting a procurement process for the "Recal Pension Calculator," classified under the IT software package industry. The procurement method employed is a direct single tender action, with the tender period concluding on 30th September 2020 and the award date recorded as 30th September 2020. This contract, worth £60,000, is set to run from 1st October 2020 to 30th September 2022, with the delivery location specified as the United Kingdom.

This tender presents significant opportunities for businesses, particularly small to medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) with expertise in IT software solutions. Companies with experience in complex financial calculations or pension-related software would be particularly well-suited to compete for future similar contracts, thus opening avenues for growth within this niche sector.

## Notice

RECAL is currently in use by FSCS staff and a group of contractors with specific skills in using this product. It is used to perform complex calculations to ascertain customers losses and therefore essential in processing Pension Claims.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/721f8d26-f41f-4a5e-8c52-7ecd5761e04d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Mar 2021 |
| Submission deadline | 29 Sep 2020 |
| Future notice date | Not specified |
| Award date | 29 Sep 2020 |
| Contract period | 30 Sep 2020 - 30 Sep 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £60,000 |
| Lots value | Not specified |
| Awards value | £60,000 |
| 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 | SS&C FINANCIAL SERVICE INTERNATIONAL |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48517000 - IT software package

## Release History

- 9 Mar 2021 at 16:48 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/721f8d26-f41f-4a5e-8c52-7ecd5761e04d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/721f8d26-f41f-4a5e-8c52-7ecd5761e04d
  9th March 2021 - 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-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2c37058c-2df4-41d9-abcb-005b761b61a6.json.