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Official procurement procedure

Core Claims Services

Customer-care services
Financial and insurance services
Financial consultancy services
+5 more
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Financial Services Compensation Scheme: "Core Claims Services". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityFinancial Services Compensation SchemeScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Financial Services Compensation Scheme
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Financial Services Compensation Scheme. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
6.9Bids / Report
12.5% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 24 active published awards; 24 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published24 Jun 2024, 12:05 BST
Last source update24 Jun 2024, 12:05 BST
Recurring procurementNot published
ClassificationCustomer-care services, Financial and insurance services, Financial consultancy services, Financial market regulatory services, Financial markets administration services, Insurance and pension services, Insurance consultancy services, Pension fund consultancy services
Delivery area
UK
OCIDocds-h6vhtk-03f994
What is being bought
The scope of the services are: * Deposit Claims Processing * Advice Claims Processing * Overflow Customer Contact *Support Services
What changed
From the official release history
  1. tender value changed
    24 Jun 2024, 12:05 BST
  2. Status changed to complete
    24 Jun 2024, 12:05 BST
  3. Official notice release published
    24 Jun 2024, 12:05 BST
  4. Submission deadline changed to published date
    24 Jun 2024, 12:05 BST
  5. Published value updated to £50,000,000
    4 Sept 2023, 10:06 BST
  6. Status changed to active
    4 Sept 2023, 10:06 BST
  7. Official notice release published
    4 Sept 2023, 10:06 BST
  8. Submission deadline changed to 4 Oct 2023, 14:00 BST
    4 Sept 2023, 10:06 BST
  9. Buyer information updated
    4 Sept 2023, 10:06 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    The scope of the services are: * Deposit Claims Processing - Not Fit For Straight Through Pay-out (NFFSTP) Claims - Exclusion View (EV) Claims - Temporary High Balances (THB) Claims - Customer engagement activities, such as inbound and outbound calls, in the course of processing the above claims * Advice Claims Processing - Early file preparation and triage activity (Pre-assessment tasks) - End to End processing on a proportion of claims where the approach to assessing the claim is more well-defined and standardised, and volumes are sufficient - Customer Engagement activities such as making Touch Point Calls or responding to incoming calls in the course of processing the above claims - Resolving post decision correspondence and processing Appeals for the Claims processed by the Service Provider * Overflow Customer Contact - Providing suitable telephony and administration support to deal effectively with inbound customer queries when volumes exceed the capacity that can be dealt with by FSCS internal teams. *Support Services - Providing appropriate capable staff to work with and assist FSCS with in-house tasks relating to potential and actual defaults, which may include project management and determining processes and procedures for complex failures.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    24 Jun 2024, 12:05 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 14 Jun 2024, 00:00 BST · £83,600,000
Commercial outcome and competition
Awards
Pricewaterhousecoopers LLP
Not published · Not published · active
Contracts
Core Claims Services
£83,600,000 · signed 14 Jun 2024, 00:00 BST · active
Bid statistics
bids: 3 (lot 1)
Buyer and organisations in this procedure

Financial Services Compensation Scheme

Contracting authority GB-FTS-860
View buyer profile
  • Financial Services Compensation Scheme
    buyer

    Beaufort House, 15 St. Botolph Street, London, UK, EC3A 7QU
    +44 2073758194
  • Pricewaterhousecoopers LLP
    supplier

    OC303525
    1 Embankment Place, London, UK
  • The Royal Court of Justice
    reviewBody

    1 The Royal Courts of Justice, The Strand, London, WC1A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published