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Published 4 Feb 2026, 09:44 GMT

Official UK procurement notice

Master Vendor Recruitment (Contingent Workers)

Official notice

Authority: Financial Services Compensation Scheme (Public body)

ServicesCompetitive flexible procedureAbove thresholdSME suitableVCSE suitable
Published estimate£25,100,000≈ £13m / year · £25,100,000 inc. VAT
Submissions closed 2 Mar 2026
Contract term 2 yrsends 29 Oct 2028 · up to 29 Oct 2030 with extensions · starts 30 Oct 2026

What is being bought

Published requirement description

FSCS currently have a Master Vendor in place to support all our permanent, fixed-term and contingent worker recruitment except for Executive and Non-Executive Director (NED) recruitment which is managed separately.

This recruitment model has worked well for FSCS for over 10 years however, in light of changing business priorities and resourcing requirements we have identified the need to change our recruitment model. As a result, we will now transition to a hybrid recruitment model that will see us bringing the management of permanent and fixed term hiring in-house and contracting with a Master Vendor for our contingent workforce hiring and management only.

Contingent workers will include:

  • Independent contractors
  • Freelancers
  • Consultants
  • Temporary agency workers
  • Workers engaged via umbrella companies

FSCS is now looking to appoint Master Vendor (Contingent Workers) to provide a full 360-degree service of contingent worker hiring and management to include: sourcing and attraction, screening & selection, offer and contract management, compliance (vetting, AWR, IR35, employment and equality legislation), onboarding, payroll, performance monitoring and management, offboarding and re-engagement, analytics, and reporting.

The contract will be for an initial term of two (2) years with the option to extend for up to a further two (2) years in two twelve-month extensions at FSCS's sole discretion.

  • The authority expects to re-tender this requirement around 1 Oct 2029, 23:59 BST.
  • 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 are expected to be met for this procurement can be found in the Service Requirements document which is available via the Portal. FSCS intends to shortlist up to 3 suppliers with the highest scoring Procurement Specific Questionnaire (PSQ) responses to participate in the tender stages of the competitive flexible procedure. The 3 shortlisted suppliers will be invited to submit initial tenders. FSCS reserves the right to award the contract on the basis of the evaluation of the initial tenders. If FSCS decides not to award the contract on the basis of the initial tenders, FSCS intends to invite the Suppliers with the 2 highest scoring initial tenders to participate in the negotiations with FSCS. 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: • Tender Notice • PSQ • ISIT • Draft Contract • Service Requirements Award Criteria No. Criteria Criteria Weighting Available Scores Quality 70% 1 Contingent Workforce Management 40% 0-4 2 Service Transition and Implementation 15% 0-4 3 Account Management 20% 0-4 4 Process, workflows, systems 10% 0-4 5 Data 15% 0-4 Price 30% 6 Financial 30% N/A Legal (Pass/Fail) 7 Legal N/A Pass/Fail

CPV: Recruitment services

The lotProcurement structure

single lot · value published
Lot #1Renewal 2 yrsSMEVCSEPublished value£25,100,000
Contract period: 30 Oct 2026 – 29 Oct 2028 (2 yrs) · up to 29 Oct 2030 with extensionsValue: £25,100,000 exc. VAT · £25,100,000 inc. VAT
Delivery: UKEligibility: SME eligibleVCSE eligible
Extensions: The contract will be for an initial term of two (2) years with the option to extend for up to a further two (2) years in two twelve-month extensions at FSCS's sole discretion.
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    Legal and financial capacity conditions of participation: Legal and financial conditions of participation are set out in the PSQ which can be obtained via the Portal on registration to express interest.

    Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through Delta-esourcing by the deadline set out in this tender notice.

  • Technical & professional ability

    Technical ability conditions of participation: Technical ability conditions of participation are set out in the PSQ which can be obtained via the Portal on registration to express interest.

    Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through Delta-esourcing by the deadline set out in this tender notice.

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 award criteria (2)
  • Quality: Quality -70% Contingent Workforce Management - 40% Service Transition and Implementation - 15% Account Management - 20% Processes, workflows, and systems - 10% Data - 15% Legal (Contract Terms) - Pass/Fail
  • Price: Cost
Conditions of participation2
  • Economic & financial standing

    Legal and financial capacity conditions of participation: Legal and financial conditions of participation are set out in the PSQ which can be obtained via the Portal on registration to express interest.

    Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through Delta-esourcing by the deadline set out in this tender notice.

  • Technical & professional ability

    Technical ability conditions of participation: Technical ability conditions of participation are set out in the PSQ which can be obtained via the Portal on registration to express interest.

    Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through Delta-esourcing by the deadline set out in this tender notice.

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
Yes · next expected 1 Oct 2029
First published
4 Feb 2026, 09:44 GMT
Last source update
4 Feb 2026, 09:44 GMT
Award evaluation window
Submission end – 8 Sept 2026
Authority reference
FSCS569
FTS notice number
2026/S 000-009780
Latest notice
Tender notice (UK4)
Classification (CPV)
Recruitment services
Delivery area
UK
Official registry OCID
ocds-h6vhtk-064670 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 in accordance with section 20(1) and (2)(b) of the Procurement Act 2023.

The technical specification which are expected to be met for this procurement can be found in the Service Requirements document which is available via the Portal.

FSCS intends to shortlist up to 3 suppliers with the highest scoring Procurement Specific Questionnaire (PSQ) responses to participate in the tender stages of the competitive flexible procedure. The 3 shortlisted suppliers will be invited to submit initial tenders.

FSCS reserves the right to award the contract on the basis of the evaluation of the initial tenders.

If FSCS decides not to award the contract on the basis of the initial tenders, FSCS intends to invite the Suppliers with the 2 highest scoring initial tenders to participate in the negotiations with FSCS.

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:

  • Tender Notice
  • PSQ
  • ISIT
  • Draft Contract
  • Service Requirements

Award Criteria

No. Criteria Criteria Weighting Available Scores

Quality 70%

1 Contingent Workforce Management

40% 0-4

2 Service Transition and Implementation 15%

0-4

3 Account Management

20% 0-4

4 Process, workflows, systems

10% 0-4

5 Data

15% 0-4

Price 30%

6 Financial 30% N/A

Legal (Pass/Fail)

7 Legal

N/A

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)
2 Mar 2026, 12:00 GMT
Submission deadline
2 Mar 2026, 12:00 GMT
Clarification deadline
18 Feb 2026, 12:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

4 Feb 2026 → 30 Oct 2026 · 5 dates
  1. Tender notice published259 days ago
    4 Feb 2026, 09:44 GMT
  2. Clarification questions by245 days ago
    18 Feb 2026, 12:00 GMT
  3. Submission deadline233 days ago
    2 Mar 2026, 12:00 GMT
  4. Award decision expected by43 days ago
    8 Sept 2026, 23:59 BST
  5. Today
    21 Oct 2026
  6. Contract startsin 9 days
    30 Oct 2026

Notice history

1 event · 1 release on Find a Tender
  1. Tender notice published
    4 Feb 2026, 09:44 GMT
    UK4

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

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