Expired contract

Payment System

Details

Value
£318,669
Duration
2 years
Topic
Financial information systems
Published
20 October 2023

Tender description

PTX & Treasury Express Subscription Service for both Cheques and BACS payment Additional information: This includes the option to extend for a further 12 months

Timeline

  1. Completed: Award date1 September 2023
  2. Completed: Award published20 October 2023
    Current notice
  3. Completed: Contract expiry date31 August 2025

About the buyer

Financial Services Compensation Scheme (FSCS), a UK central body established under the Financial Services and Markets Act 2000, runs its own procurement function. FSCS began compensating customers of failed firms in 2001. Protection extends across banking, investment, pension, insurance and mortgage advice for firms authorised to trade in the UK. FSCS is independent of government and the financial services firms whose levies fund it.

Over the past 5 years, most of Financial Services Compensation Scheme's contract awards have been in business services, software and information systems and IT services.

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