---
title: "Business Optix Licences"
ocid: "ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2022-05-21"
---

# Business Optix Licences

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb.json)

## Summary

The Financial Services Compensation Scheme Limited is seeking to procure Business Optix Licences, which are essential for recording, optimising, and storing process maps used in conjunction with Standard Operating Procedures. This procurement falls under the software package and information systems category, with a total contract value of £40,000. The direct procurement method was employed, specifically a single tender action, and the contract period spans from 1 April 2022 to 31 March 2023. The procurement was awarded on 30 March 2022, and the award notice was published on 21 May 2022.

This opportunity may benefit small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) that specialise in software solutions, particularly those with experience in SaaS tools focused on process management. Businesses well-suited for this tender are those that understand operational procedures and can deliver tailored software solutions to enhance organisational efficiency for the Financial Services Compensation Scheme and potentially other similar clients in the future.

## Notice

BusinessOptix is a SaaS tool in use at FSCS to record, optimise and store process maps within a hierarchy of operational areas. The tool is used in conjunction with Standard Operating Procedures (SOP)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3d056e5b-3212-4e17-bc2b-a9fa6c996b3e |
| 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 | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 May 2022 |
| Submission deadline | 12 Feb 2022 |
| Future notice date | Not specified |
| Award date | 29 Mar 2022 |
| Contract period | 31 Mar 2022 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000 |
| Lots value | Not specified |
| Awards value | £40,000 |
| 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 | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | BUSINESS OPTIX |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems

## Release History

- 21 May 2022 at 13:35 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3d056e5b-3212-4e17-bc2b-a9fa6c996b3e

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3d056e5b-3212-4e17-bc2b-a9fa6c996b3e
  21st May 2022 - 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-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3aee3fa4-8932-42da-a4fb-6a193ba29dbb.json.