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Tenfell
Closed tender
Published 23 Dec 2024

GB-London: FSCS499 Cheque Printing and Pay-out Service

Financial Services Compensation Scheme · United Kingdom

Key facts

Estimated value
£500,000
Closing date
27 Jan 2025
Contract starts
07 Apr 2025
Contract ends
07 Apr 2028
Procedure
Open procedure
Buyer type
Other public body

Description

FSCS is seeking to appoint two single Service Providers for the provision of Cheque Printing and Pay-out services. FSCS would seek to appoint a preferred/primary service provider (winning bid) and a secondary Service Provider (second placed bid ranked based on outcome of tender evaluation).

The Secondary Provider would be able to provide services in the event any of the following circumstances apply:

(i) Preferred Service Provider does not have enough capacity to execute a Payment Services Order to meet FSCS statutory timescales

(ii) in the event of a major default(s) where FSCS at its discretion opts to use both suppliers in order to increase its chances of meeting statutory timelines.

Categories (CPV)

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