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Official procurement procedure

FSCS506 Employee Benefits

Business services: law
marketing
consulting
+2 more
UK
Published value
£500,000
Submission deadline 1 Apr 2025, 14:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Financial Services Compensation Scheme: "FSCS506 Employee Benefits". Published status: active. Published value: £500,000. 1 published lot. Recorded submission deadline: 1 Apr 2025, 14:00 BST. See the official notice for participation instructions.
Contracting AuthorityFinancial Services Compensation SchemeScope & CategoriesNot publishedSubmission Window
Closed
1 Apr 2025, 14:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£500,000
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.
Average Price Reduction
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. Price reduction 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 Unpublished data stays unknown.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
Contracting AuthorityFinancial Services Compensation Scheme
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published20 Feb 2025, 19:05 GMT
Last source update20 Feb 2025, 19:05 GMT
Recurring procurementYes
ClassificationBusiness services: law, marketing, consulting, recruitment, printing and security
Delivery area
UK
OCIDocds-h6vhtk-04e5b6
What is being bought
FSCS seeks the service of an Employee Benefits Administrator to provide a “one stop shop” through which its employees can access their benefits, with fast, efficient and right first-time administration support. The supplier will provide a fully managed reward scheme which would enable FSCS employees to interface directly with the benefit supplier and an employee help-line to resolve queries and provide assistance. It would also have a web-enabled on-line platform that is designed to enable FSCS employees to choose the benefits that are best suited to them, their needs and circumstances.
What changed
From the official release history
  1. Published value updated to £500,000
    20 Feb 2025, 19:05 GMT
  2. Status changed to active
    20 Feb 2025, 19:05 GMT
  3. Official notice release published
    20 Feb 2025, 19:05 GMT
  4. Submission deadline changed to 1 Apr 2025, 14:00 BST
    20 Feb 2025, 19:05 GMT
  5. Buyer information updated
    20 Feb 2025, 19:05 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published valueNot published
    FSCS seeks the service of an Employee Benefits Administrator to provide a “one stop shop” through which its employees can access their benefits, with fast, efficient and right first-time administration support. The supplier will provide a fully managed reward scheme which would enable FSCS employees to interface directly with the benefit supplier and an employee help-line to resolve queries and provide assistance. It would also have a web-enabled on-line platform that is designed to enable FSCS employees to choose the benefits that are best suited to them, their needs and circumstances.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    20 Feb 2025, 19:05 GMT
  2. Submission deadline
    1 Apr 2025, 14:00 BST
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Financial Services Compensation Scheme

Contracting authority GB-FTS-860
View buyer profile

  • Financial Services Compensation Scheme
    buyer
    reviewBody
    reviewContactPoint

    Beaufort House, 15 St. Botolph Street, London, UK, EC3A 7QU
    procurement@fscs.org.uk
    +44 2073758175
    Published organisation website

  • The Royal Court of Justice
    mediationBody

    The Strand, London
    +44 2073758197
Documents (2)
Official links; attachments are not copied

  • economicSelectionCriteria

    tender
    economicSelectionCriteria

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published