Bank Wizard · UK public procurement notice

Official notice

Authority: Financial Services Compensation Scheme (Public body)

Below threshold - without competition

Sectors: Software Packages & ERP (48) Delivery: UK

Awarded value£49,088published contract · inc. VAT

Awarded 31 Dec 2025no call for competition

Awarded to Experian Limited

What is being bought

Published requirement description

Performs a modulus check to validate bank account and sort codes for all electronic payments. Faster Payment module used to verify Faster Payments can be processed by the customers bank and validates the account.

The lotProcurement structure

single lot · no lot value published

Lot #1Awarded

Delivery: UK

48100000 Industry specific software package

Procedure terms & legal framework

From the official record

Procedure method: Below threshold - without competition
Legal basis: UKPGA · 2023/54 Procurement Act 2023
Notice status: Awarded without competition
Procurement threshold: Unspecified in notice
Regulatory regime: Standard
Commercial structure: Stand-alone contract (no framework)
Competition type: Direct award (no call for competition)
GPA / WTO covered: Unspecified in notice
Recurring procurement: Unspecified in notice
First published: 18 Feb 2026, 17:25 GMT
Last source update: 18 Feb 2026, 17:25 GMT
FTS notice number: 2026/S 000-014995
Latest notice: Contract details notice (UK7)
Delivery area: UK
Official registry OCID: ocds-h6vhtk-06578c Find a Tender

Notice history

1 event · 1 release on Find a Tender

Contract details notice published
18 Feb 2026, 17:25 GMT
UK7

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast

Awards 1

Awarded value (inc. VAT) £49,0881 contract inc. VAT; no net value published

Contracts signed 1latest 31 Dec 2025

Awarded to	Value	Date	Status
Experian Limited	£49,088 inc. VAT †	—	Awarded

Contracts

Contract 1 · Experian Limited
Signed
31 Dec 2025
Value
£49,088 inc. VAT
Period
31 Dec 2025 – 30 Dec 2026
Status
active

Contracting authority & participating public bodies

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Contracting authorityPublic authority - sub-central government GB-COH: 03943048 · GB-PPON: PNMP-1789-RLBG 5th Floor, The St Botolph Building, 138-139 Houndsditch, London, London, EC3A 7AWContact email

Bidders & participating suppliers

1 commercial party on the notice

EXPERIAN LIMITEDAwarded supplierGB-COH: 00653331GB-PPON: PBLG-1655-GDMW The Sir John Peace Building, Experian Way, NG2 Business Park, Nottingham, East Midlands, NG80 1ZZContact email

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Contract details notice contractContract details noticeUK7Contract details notice on Find a Tender18 Feb 2026, 17:25 GMT