Closed tender

FCA Payroll Services Re-tender

Details

Value
£1,300,000
Topic
Personnel and payroll services
Published
27 October 2025
Submission
25 November 2025

Tender description

The FCA is moving to a Workday Solution for its Payroll services. A project was initiated to consider the suitability of the Workday Payroll Module in the context of its existing investment Workday. Following the completion of architectural design, Workday Payroll was selected as the preferred payroll technology. As a result, the FCA is seeking to appoint a single supplier through this procurement process, in accordance with requirements outlined in document C3695 – FCA ITT Annex A – Statement of Requirements. The appointed supplier must be a Workday Recognised Managed Service Supplier (MSP) and will be responsible for delivering a secure and compliant, fully managed payroll service using the Payroll module in the FCA’s Workday tenant, for all FCA and PSR employees in business as usual (BAU) operations. The FCA currently uses a commercial off the shelf (COTS), software as a service (SaaS) platform to run its Payroll. The scope of this new service will encompass key areas such as but not limited to: • Managing absence, ensuring colleagues drop to half pay or nil pay on the appropriate day, and monitoring phased returns to work. • Monitoring National Living Wage (NLW) and National Minimum Wage (NMW) against FCA salary sacrifice pay elements. • Managing configuration changes, supporting testing, and ensuring continuity following Workday updates, FCA requested configuration changes or any legislative configuration changes. • Managing the Civil Service Pension scheme, including the controls, reconciliation, and submission of the monthly interface.

Timeline

  1. Completed: Tender published27 October 2025
    Current notice
  2. Completed: Submission date25 November 2025

About the buyer

The Financial Conduct Authority regulates the UK's financial services industry, and buys as a central government body with its own procurement function. Every tender runs through Atamis, the FCA's eTendering portal, with opportunities also advertised on Find a Tender and Contracts Finder. Larger contracts fall under the Public Contract Regulations 2015 once they pass a set threshold. Both pan-government and FCA-tendered framework agreements offer alternative routes to market. A Supplier Code of Conduct, updated in 2022, covers climate change, resilience and data protection standards for suppliers. An ethical procurement standard applies to purchases wherever possible.

Procurement spend from central entities makes up 66% of overall UK public spend.

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

Relevant CPV codes

  • 79631000 · Personnel and payroll services

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