---
title: "International Payments ID&V Review"
ocid: "ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
published: "2023-07-31"
---

# International Payments ID&V Review

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a.json)

## Summary

The FINANCIAL SERVICES COMPENSATION SCHEME LIMITED awarded a contract for the "International Payments ID&V Review" project, with a total value of £70,000. The procurement method was direct, using a Single tender action (below threshold) approach. The award was made to Marsh Limited on July 17, 2023. The contract period is from July 24, 2023, to August 18, 2023, located in London, EC3A 7QU. This procurement falls under the services category.

This tender presents opportunities for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations to participate. Businesses providing financial consultancy services specifically related to identity verification processes may find this tender well-suited for their expertise. The review aims to enhance risk management, technical, and information security perspectives, enabling access to cross-border payments and facilitating customer selection of alternate payees, potentially benefiting businesses in the financial services sector.

## Notice

To review the current identity verification processes (i.e. processes confirming a customer is who they say they are) that are in place / being put in place by FSCS to ensure that they are fit for purpose from a risk management, technical and information security perspective, with a tangential benefit of robust ID&V providing access to enable cross border payment payments and customers to select alternate payees.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/09564309-2524-4ab8-a784-dd890a71b995 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| 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 | 31 Jul 2023 |
| Submission deadline | 16 Jul 2023 |
| Future notice date | Not specified |
| Award date | 16 Jul 2023 |
| Contract period | 23 Jul 2023 - 18 Aug 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| Lots value | Not specified |
| Awards value | £70,000 |
| 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 | MARSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 31 Jul 2023 at 15:33 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/09564309-2524-4ab8-a784-dd890a71b995

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/09564309-2524-4ab8-a784-dd890a71b995
  31st July 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-ca409948-b5fb-4021-a919-85f847cba05a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ca409948-b5fb-4021-a919-85f847cba05a.json.