Expired contract

Strengthening the 3LOD - Phase 2

Details

Value
£320,000
Duration
6 months
Topic
Business and management consultancy and related services
Published
30 October 2025

Tender description

Following a review of business processes on an urgent basis. FSCS require a service provider familiar with the work of FSCS to ensure a timely and effective remediation. This phase will build on the completed review work with a lens on the business processes, and apply a technology focus against those, thereby providing a holistic view of the control position This activity is requires continuity, to achieve the right outcomes. Additional information: ***Direct Call-Off of the FCA CON-20-115 - Consultancy & Skilled Persons Framework*******

Timeline

  1. Completed: Award date8 May 2025
  2. Completed: Award published30 October 2025
    Current notice
  3. Completed: Contract expiry date31 October 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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