Official UK procurement notice
FSCS580 Risk Management System
Authority: Financial Services Compensation Scheme (Public body)·Consortium: 2 public authorities
What is being bought
Published requirement descriptionProvision of licensing, support and maintenance of a Risk Management System.
- How the procedure runs: This tender notice is for the award of a public contract through a competitive flexible procedure in accordance with section 20(1) and (2)(b) of the Procurement Act 2023. The technical specification which is expected to be met for this procurement can be found in the Functional and Non-Functional Requirements documents which are available via the Portal. FSCS are conducting a 2 Stage procurement process where suppliers are first invited to submit Tenders (Stage 1). Tenders will be first assessed against specific financial, legal, and technical benchmarks eligibility criteria (Conditions of Participation). Bidders must meet the Conditions of Participation in order for their Tender submission to be considered for full Tender evaluation. FSCS intends to shortlist 3 suppliers (unless in the event of a tie, with the process explained in the ITT Document) with the highest scoring Tender responses at ITT Stage 1 to the System Demonstration/Presantation stage (ITT Stage 2) of the competitive flexible procedure. Upon completion of the System Demonstration/Presentation stage, the supplier with the Most Advantageous Tender (MAT) will be awarded the contract. At the ITT stage (Stage 1), FSCS will assess Tenders for compliance and to determine whether they meet the Conditions of Participation set by FSCS. Further information and breakdown of the ITT stages evaluation is available via the portal (see Annex A: Scoring Methodology). FSCS will use an online portal at www.delta-esourcing.com ("the Portal") to make associated tender documents available to suppliers. Suppliers are required to submit their completed Tenders 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: 1. Main ITT Document - FSCS580 Competitive Flexible Procedure (PA01) Risk Management System (See Part B - Response Document) 2. All Forms and Appendices 3. Suppliers must sign all Certificates
CPV: Information technology services
The lotProcurement structure
single lot · value publishedLot #1AwardedRenewalPublished value£420,000
- Economic & financial standing
Legal and financial conditions of participation are set out in the ITT document which can be obtained via the Portal on registration to express interest.
- Technical & professional ability
The conditions of participation are set out in the ITT which can be obtained via the Portal on registration to express interest.
What it takes to wini
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 morei
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).
Published sub-criteria (2)
- Technical Quality: 70%
- Price: 30%
Published award criteria (2)
- Technical Quality
- Price
- Economic & financial standing
Legal and financial conditions of participation are set out in the ITT document which can be obtained via the Portal on registration to express interest.
- Technical & professional ability
The conditions of participation are set out in the ITT which can be obtained via the Portal on registration to express interest.
- 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
- Awarded
- 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
- 5 Aug 2026, 23:14 BST
- Last source update
- 5 Oct 2026, 23:47 BST
- Award evaluation window
- Submission end – 2 Oct 2026
- Authority reference
FSCS580- FTS notice number
2026/S 000-074428- Latest notice
- Contract award notice (UK6)
- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-06dcfdFind 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 in accordance with section 20(1) and (2)(b) of the Procurement Act 2023.
The technical specification which is expected to be met for this procurement can be found in the Functional and Non-Functional Requirements documents which are available via the Portal.
FSCS are conducting a 2 Stage procurement process where suppliers are first invited to submit Tenders (Stage 1). Tenders will be first assessed against specific financial, legal, and technical benchmarks eligibility criteria (Conditions of Participation). Bidders must meet the Conditions of Participation in order for their Tender submission to be considered for full Tender evaluation.
FSCS intends to shortlist 3 suppliers (unless in the event of a tie, with the process explained in the ITT Document) with the highest scoring Tender responses at ITT Stage 1 to the System Demonstration/Presantation stage (ITT Stage 2) of the competitive flexible procedure. Upon completion of the System Demonstration/Presentation stage, the supplier with the Most Advantageous Tender (MAT) will be awarded the contract.
At the ITT stage (Stage 1), FSCS will assess Tenders for compliance and to determine whether they meet the Conditions of Participation set by FSCS.
Further information and breakdown of the ITT stages evaluation is available via the portal (see Annex A: Scoring Methodology).
FSCS will use an online portal at www.delta-esourcing.com ↗ ("the Portal") to make associated tender documents available to suppliers.
Suppliers are required to submit their completed Tenders 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:
- Main ITT Document - FSCS580 Competitive Flexible Procedure (PA01) Risk Management System (See Part B - Response Document)
- All Forms and Appendices
- Suppliers must sign all Certificates
How it was run
Official notice- Submission deadline
- 1 Sept 2026, 12:00 BST
- Clarification deadline
- 1 Sept 2026, 12:00 BST
- Submission channel
- Official e-sourcing portal
- Electronic submission
- Allowed
- Accepted languages
- en
Timeline
5 Aug 2026 → 16 Oct 2026 · 8 dates- Tender notice published77 days ago5 Aug 2026, 23:14 BST
- Clarification questions by50 days ago1 Sept 2026, 12:00 BST
- Submission deadline50 days ago1 Sept 2026, 12:00 BST
- Award decision expected by19 days ago2 Oct 2026, 23:59 BST
- Assessment summaries sent17 days ago5 Oct 2026, 00:00 BST
- Latest notice published16 days ago5 Oct 2026, 23:47 BST
- Standstill ends7 days ago14 Oct 2026, 23:59 BST
- Contract starts6 days ago16 Oct 2026, 00:00 BST
Notice history
5 events · 2 releases on Find a Tender · since 5 Aug 2026- Tender notice published5 Aug 2026, 23:14 BSTUK4
- Contract award notice published5 Oct 2026, 23:47 BSTUK6
- Status changed to complete5 Oct 2026, 23:47 BST
- Buyer details updated5 Oct 2026, 23:47 BST
- Contract signature expected15 Oct 2026, 23:59 BSTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| RSM UK TAX AND ADVISORY SERVICES LLP16 Oct 2026 – 15 Oct 2029 · up to 15 Oct 2031Extensions: FSCS may extend the contract twice by 12 months on each occassion (Maximum term 5 years). | £420,000 inc. VAT | 5 Oct 2026standstill to 14 Oct 2026 | Standstill |
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 4final-stage tenders · 7 at stage one | 3 | 0 | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- Financial Services Compensation SchemeContracting authorityPublic undertaking
Bidders & participating suppliers
1 commercial party on the notice- RSM UK TAX AND CONSULTING LLPAwarded supplier
Official documents & specifications (2)
Official links; attachments are not copiedNotices published for this procedure
- Contract award notice Contract award notice on Find a Tender
- Tender notice Tender notice on Find a Tender