Confirmation of Payee Services
Details
- Supplier(s)
- PAYPOINT NETWORK LIMITED
- Value
- £300,000
- Duration
- 3 years
- Topic
- Financial transaction processing and clearing-house services
- Published
- 25 November 2025
- Source
- uk:contracts_finder
Tender description
G-Cloud 14 Call Off Agreement - This service is required to confirm bulk bank account details of customers if there was a financial institution failure.
Timeline
- Completed: Award date24 November 2025
- Completed: Award published25 November 2025Current notice
- Next: Contract expiry date23 November 2028in 2 years
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.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@financial-services-compensation-scheme.gov |
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