Find a TenderAwarded
Published 1 May 2021, 09:25 BST

Official UK procurement notice

Systemic Strategic Management, Business Transformation and Development Consultancy

Official notice

Authority: Financial Services Compensation Scheme (Public body)

ServicesOpen procedure
Published estimate£1,000,000exc. VAT
Submissions closed 31 May 2021awarded 10 Sept 2021
Awarded to Ernst and Young LLP

What is being bought

Published requirement description

The Scheme’s ambitious priorities for the 2020s will only be achieved through the ongoing and systemic transformation of our strategy, environment and leadership. The Financial Services Compensation Scheme is looking to appoint a Service Provider to deliver a business transformation consultancy service that deals with our entire business system - as opposed to dealing with its different parts independently ‒ not only to establish our strategy formulation as a vital force but also to impart real energy to the strategic process. The Service Provider must practice outcomes based leadership and apply a holistic, synergistic, and balanced approach to business systems that supports an effective re-engineering of our Target Operating Model to successfully meet the challenges and opportunities of the decade ahead.

CPV: Business and management consultancy and related services

The lotProcurement structure

single lot · value published
Lot #1Systemic Strategic Management, Business Transformation, and Development Consultancy –…AwardedRenewalPublished value£1,000,000

Systemic Strategic Management, Business Transformation, and Development Consultancy – The Scheme’s ambitious priorities for the 2020s will only be achieved through the ongoing and systemic transformation of our strategy, environment and leadership. We need a business transformation consultancy service that deals with our entire business system - as opposed to dealing with its different parts independently ‒ not only to establish our strategy formulation as a vital force but also to impart real energy to the strategic process. They must practice outcomes based leadership and apply a holistic, synergistic, and balanced approach to business systems that supports an effective re-engineering of our Target Operating Model to successfully meet the challenges and opportunities of the decade ahead.

Systemic Strategic Management, Business Transformation, and Development Consultancy

1.Systemic Strategic Management is understanding how different parts of a system can influence one another within a whole. Systemic thinking, unlike analytical thinking, requires multiple skill sets to establish a holistic view of our operating system and explain its behaviour. Consistent with systems philosophy, systemic thinking concerns an understanding of a system by examining the linkages and interactions between the elements that comprise the whole of the system. In practice this means exploring inter-relationships (context and connections), perspectives (each role has their own unique perception of the situation) and boundaries (agreeing on scope, scale and what might constitute an improvement). Systemic thinking is particularly useful in addressing complex problems like the rising costs of consumer protection and the prevention of future harm within the financial services sector.

2.Business Transformation is a systemic and integrated management approach which is business driven and values oriented. Business Transformation can provide an overarching framework for multiple management disciplines such as business process architecture, communications, change and project management, data, and insight, leadership, and strategy. Business Transformation is the critical bridge between partial installation and full implementation of transformation initiatives and is essential to the delivery of sustained benefit and culture change.

Systemic Strategic Management, Business Transformation, and Development Consultancy can include new end to end business processes, teams and relationships, creating and utilising new capabilities, enhancing employee competencies, interrupting existing patterns of thinking and instigating powerful, sustainable change in behaviour, attitudes and shared values in pursuit of the desired culture shift.

3.Successful delivery partners must be able to demonstrate thought leadership and the capacity and capability i.e. the right people, skills, tools, and approach to provide timely strategic services, advice, and guidance on:

a)Strategy – for today and tomorrow;

b)Environment - organisational design/ redesign, organisational development, business process transformation, analysis, and redesign of service improvement;

c)Leadership – building the leadership capability to deliver on our strategy for today and tomorrow.

4.Successful partners will be expected to utilise specialist practitioners and in collaboration with the FSCS People Team engage with clients across organisational boundaries to support a range of activities. Moreover, because complex adaptive systems are continually evolving, demonstrable experience and expertise in systems thinking is required to enable organisational and social learning – and adaptive management.

Delivery: London · Inner London – East
Extensions: The contract will be for an initial term of 12 months years with the option for FSCS to extend by up to 12 months to make a maximum term of 2 years.Variant bids: not allowedElectronic catalogue: required

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: 90%Price: 10%
Published award criteria (2)
  • Quality: 90
  • Price: 10
What this means for your bid
  • Price carries 10 of 100 points: a 10% discount moves about 1 point. 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 · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
1 May 2021, 09:25 BST
Last source update
23 Sept 2021, 12:14 BST
Award evaluation window
31 May 2021 – …
Authority reference
FSCS411
FTS notice number
2021/S 000-023674
Classification (CPV)
Business and management consultancy and related services
Delivery area
London (UKI4)
Official registry OCID
ocds-h6vhtk-02ac8e Find a Tender
Contract terms
Electronic trading
e-invoicing allowed · electronic ordering

Publisher note: To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=628279944 GO Reference: GO-2021923-PRO-18956362

How it was run

Official notice
Submission deadline
31 May 2021, 14:00 BST
Submission channel
{"written"}
Accepted languages
en
Bid validity
180 days from the deadline
Bids opened
31 May 2021, 14:00 BST

Timeline

31 May 2021 → 23 Sept 2021 · 3 dates
  1. Submission deadline
    31 May 2021, 14:00 BST
  2. Bids opened
    31 May 2021, 14:00 BST
  3. Notice published
    23 Sept 2021, 12:14 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    23 Sept 2021, 12:14 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £1,000,0001 contract exc. VAT
Bids received 12
Contracts signed 1latest 10 Sept 2021
Awarded toValueDateStatus
Ernst and Young LLP£1,000,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
12bids———

Contracting authority & participating public bodies

Financial Services Compensation Scheme

Contracting authorityPublic bodyBody governed by public lawEconomic affairs Beaufort House, 15 St. Botolph Street, London, London, EC3A 7QUContact name, email, phone Published organisation website ↗

Dispute resolution & review bodies

  • The Royal Court of JusticeMediation bodyReview body LondonContact email, phone

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria