---
title: "FSCS506 Employee Benefits"
ocid: "ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "FINANCIAL SERVICES COMPENSATION SCHEME"
published: "2025-02-20"
---

# FSCS506 Employee Benefits

Buyer: FINANCIAL SERVICES COMPENSATION SCHEME  
Current stage: Tender  
OCID: ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39.json)

## Summary

The Financial Services Compensation Scheme (FSCS) is initiating an open procedure tender process titled "FSCS506 Employee Benefits", aimed at securing services from an Employee Benefits Administrator. This contract seeks to create a comprehensive and efficient benefits management platform for FSCS employees, including a web-based interface and employee helpline. The procurement process, currently in the tender stage, has been published under the Business services category. The tender period is set to end on 1st April 2025. The contract is valued at GBP 500,000 and is set to commence on 1st April 2026, with an expected completion date of 31st March 2029, covering multiple regions including the United Kingdom, Europe, and British Overseas Territories.

This tender presents significant opportunities for businesses specialising in employee benefits administration and managed reward schemes. With the scope involving an integrated on-line platform and direct interfacing capabilities, companies proficient in digital solutions and employee support services stand to benefit greatly. Due to its broad geographic coverage and substantial contract value, it will be particularly advantageous for established firms rather than small or voluntary community and social enterprises. The open procurement method ensures a competitive process, ideal for businesses looking to expand their portfolio and enhance growth through a high-profile government contract.

## Notice

FSCS seeks the service of an Employee Benefits Administrator to provide a "one stop shop" through which its employees can access their benefits, with fast, efficient and right first-time administration support. The supplier will provide a fully managed reward scheme which would enable FSCS employees to interface directly with the benefit supplier and an employee help-line to resolve queries and provide assistance. It would also have a web-enabled on-line platform that is designed to enable FSCS employees to choose the benefits that are best suited to them, their needs and circumstances.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/12a57792-18b4-440e-a722-3bcd98940af6 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Feb 2025 |
| Submission deadline | 1 Apr 2025 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2026 - 31 Mar 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FINANCIAL SERVICES COMPENSATION SCHEME |
| 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 |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 20 Feb 2025 at 18:45 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/12a57792-18b4-440e-a722-3bcd98940af6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/12a57792-18b4-440e-a722-3bcd98940af6
  20th February 2025 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-UK-London:-Business-services:-law,-marketing,-consulting,-recruitment,-printing-and-security./NU243822PF
  Please follow this link to view the notice.

## 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-cfc5425f-c741-4646-a593-28023e951c39. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cfc5425f-c741-4646-a593-28023e951c39.json.