Find a TenderClosedTender notice
Published 20 Mar 2026, 09:24 GMT

Official UK procurement notice

Closed Insurance Estates Partner

Official notice

Authority: Financial Services Compensation Scheme (Public body)

ServicesCompetitive flexible procedureAbove thresholdSME suitable
Published estimate£28,600,000≈ £2.9m / year · £28,600,000 inc. VAT
Submissions closed 20 Apr 2026
Contract term 10 yrsends 7 Jan 2037 · up to 8 Jan 2042 with extensions · starts 8 Jan 2027

What is being bought

Published requirement description

FSCS currently handles insurance claims in respect of policies written by a number of insolvent insurance firms and engages three external firms to carry out that handling on its behalf. It now seeks a single provider of such services to manage handling of the relevant claims and also of claims in respect of future insolvent firms and that the relevant provider delivers that work by way of an appropriate claims handling service and technology solution.

The maximum potential contract period is to be 15 years, comprising an initial term of ten (10), years with an option for FSCS to extend that period at its sole discretion by up to a total additional period of five (5) years, comprising two initial additional periods of two (2) years one further additional period of one (1) year.

The estimated contract value for the entire potential maximum term is £28.6 million (note that this figure is only an estimate, since claims volumes for the period cannot be predicted with certainty). Whilst Suppliers should take their own legal advice in this process, FSCS understands that, as insurance claims handling services, these services are not subject to applicable VAT at the date of this notice.

The appointed Service Provider must demonstrate relevant experience and provide evidence of capability across all required service areas. This ensures FSCS meets its statutory obligations to eligible customers while delivering an experience aligned with its overall strategy.

For more information about this opportunity, please visit the Delta eSourcing portal at:

www.delta-esourcing.com/tenders/UK-UK-London… ↗

To respond to this opportunity, please click here:

www.delta-esourcing.com/respond/458557M4AX ↗

  • How the procedure runs: This Tender Notice is for the award of a public contract through a competitive flexible procedure. FSCS intends to shortlist up to five (5) highest‐scoring Suppliers from the PSQ stage to participate in the ISIT stage. FSCS reserves the right to shortlist fewer Suppliers where fewer than five meet the minimum requirements and meet the minimum scores per question. FSCS reserves the right to award the contract on the basis of the evaluation of the Initial Tenders, ISIT stage. If FSCS decides not to award the contract based on the Initial Tenders, then FSCS intends to invite the Suppliers with the two (2) highest scoring, compliant Initial Tenders that meet the minimum requirements, to participate in the Negotiation Stage. FSCS will notify Suppliers who have been successful in proceeding to the Negotiation Stage and will provide further information about the conduct of the Negotiation Stage including location, date and time of the meetings. At the end of the negotiation stage, Suppliers will be invited to submit final tenders. FSCS will use an online portal at www.delta-esourcing.com ("the Portal") to make associated tender documents available to Suppliers. Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through the Portal by the deadline set out in this Tender Notice. The following associated tender documents are being provided with the publication of this Tender Notice to provide further information about the procurement and are available on the Portal: •PSQ – Procurement Specific Questionnaire •Specification (Statement of Requirements) The following associated tender documents will be made available later through the Portal to up to 5 Suppliers, as explained above, shortlisted to participate in the tender stages of this competitive flexible procedure: •ISIT – Including the Award Criteria •Draft Contract The Award Criteria No. Criteria Weighting Available Scores Quality 70% Service Delivery - (30% Weighting ) Business Continuity and Resilience - (10% weighting) Transition & Implementation (20% - weighting) Account Management and Client Engagement – (10% weighting) Data Protection - (10% weighting) Information Security – 10% Technology – 10% Financial 30% Legal - Pass/Fail

CPV: Accident and health insurance services · Accident insurance services · Financial and insurance services · Health insurance services · Insurance and pension services · Insurance services

The lotProcurement structure

single lot · value published
Lot #1Renewal 10 yrsSMEPublished value£28,600,000
Contract period: 8 Jan 2027 – 7 Jan 2037 (10 yrs) · up to 8 Jan 2042 with extensionsValue: £28,600,000 exc. VAT · £28,600,000 inc. VAT
Delivery: UKEligibility: SME eligible
Extensions: The maximum potential contract period is to be 15 years, comprising an initial term of ten (10), years with an option for FSCS to extend that period at its sole discretion by up to a total additional period of five (5) years, comprising two initial additional periods of two (2) years one further additional period of one (1) year, ending on 08/01/2042.
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    Legal and financial conditions of participation are set out in the PSQ and can be obtained from Delta on registration to express interest.

    Suppliers wishing to apply must submit a completed PSQ as per the deadline in the tender documents.

  • Technical & professional ability

    Technical ability conditions of participation are set out in the PSQ and can be obtained from Delta on registration to express interest.

What it takes to win
i

How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored
Quality: 70%Price: 30%
Published sub-criteria (2)
  • Quality Score: 70%
  • Cost Score: 30%
Published award criteria (2)
  • Cost Score: %
  • Quality Score: %
Conditions of participation2
  • Economic & financial standing

    Legal and financial conditions of participation are set out in the PSQ and can be obtained from Delta on registration to express interest.

    Suppliers wishing to apply must submit a completed PSQ as per the deadline in the tender documents.

  • Technical & professional ability

    Technical ability conditions of participation are set out in the PSQ and can be obtained from Delta on registration to express interest.

What this means for your bid
  • Price carries 30 of 100 points: a 10% discount moves about 3 points. The method statement decides this lot, not the discount.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record
Procedure method
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Closed
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
20 Mar 2026, 09:24 GMT
Last source update
20 Mar 2026, 09:24 GMT
Award evaluation window
Submission end – 27 Nov 2026
Authority reference
FSCS 537
FTS notice number
2026/S 000-025555
Latest notice
Tender notice (UK4)
Classification (CPV)
Accident and health insurance servicesAccident insurance servicesFinancial and insurance servicesHealth insurance servicesInsurance and pension servicesInsurance services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-066fd6 Find a Tender
Contract terms summary

Invoices must be submitted to [email protected] and must quote a valid Purchase Order Number.

How it runs

This Tender Notice is for the award of a public contract through a competitive flexible procedure.

FSCS intends to shortlist up to five (5) highest‐scoring Suppliers from the PSQ stage to participate in the ISIT stage. FSCS reserves the right to shortlist fewer Suppliers where fewer than five meet the minimum requirements and meet the minimum scores per question.

FSCS reserves the right to award the contract on the basis of the evaluation of the Initial Tenders, ISIT stage.

If FSCS decides not to award the contract based on the Initial Tenders, then FSCS intends to invite the Suppliers with the two (2) highest scoring, compliant Initial Tenders that meet the minimum requirements, to participate in the Negotiation Stage. FSCS will notify Suppliers who have been successful in proceeding to the Negotiation Stage and will provide further information about the conduct of the Negotiation Stage including location, date and time of the meetings.

At the end of the negotiation stage, Suppliers will be invited to submit final tenders.

FSCS will use an online portal at www.delta-esourcing.com ↗ ("the Portal") to make associated tender documents available to Suppliers.

Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through the Portal by the deadline set out in this Tender Notice.

The following associated tender documents are being provided with the publication of this Tender Notice to provide further information about the procurement and are available on the Portal:

•PSQ – Procurement Specific Questionnaire

•Specification (Statement of Requirements)

The following associated tender documents will be made available later through the Portal to up to 5 Suppliers, as explained above, shortlisted to participate in the tender stages of this competitive flexible procedure:

•ISIT – Including the Award Criteria

•Draft Contract

The Award Criteria

No. Criteria Weighting Available Scores

Quality 70%

Service Delivery - (30% Weighting )

Business Continuity and Resilience - (10% weighting)

Transition & Implementation (20% - weighting)

Account Management and Client Engagement – (10% weighting)

Data Protection - (10% weighting)

Information Security – 10%

Technology – 10%

Financial 30%

Legal - Pass/Fail

How it was run

Official notice
Run through: Delta eSourcing · Who buys & how to bid on Delta
Public notice page · account needed to bidElectronic submission allowedLanguage: EN
Access & registration note: Free Select account; no DUNS asked at signup
Requests to participate (first stage)
20 Apr 2026, 14:00 BST
Submission deadline
20 Apr 2026, 14:00 BST
Clarification deadline
7 Apr 2026, 14:00 BST
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

20 Mar 2026 → 8 Jan 2027 · 5 dates
  1. Tender notice published215 days ago
    20 Mar 2026, 09:24 GMT
  2. Clarification questions by197 days ago
    7 Apr 2026, 14:00 BST
  3. Submission deadline184 days ago
    20 Apr 2026, 14:00 BST
  4. Today
    21 Oct 2026
  5. Award decision expected byin 38 days
    27 Nov 2026, 23:59 GMT
  6. Contract startsin 79 days
    8 Jan 2027

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    20 Mar 2026, 09:24 GMT
    UK4

Contracting authority & participating public bodies

FSCS537 Closed Insurance Estates Partner 2026

Contracting authorityPublic undertaking GB-PPON: PNMP-1789-RLBG 5th Floor, The St Botolph Building, 138-139 Houndsditch, London, London, EC3A 7AWContact name, email

Official documents & specifications (3)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender