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Employee Benefits Service
Financial Services Compensation Scheme Limited · Local or regional public body
In brief
Financial Services Compensation Scheme Limited has announced plans to buy this contract. This is an early notice: there is nothing to bid on yet, but it tells you a tender may follow.
The estimated value is £1,000,000 including VAT.
The contract runs for 3 years, up to 7 years with extensions, starting 1 October 2026.
Built from the notice's own fields. Always check the official notice before you bid.
Can I win this?
Competition
Typical: a median of 5 bids per contract for similar contracts in this region (from 1646 awards in the last 12 months).
What the notice says
The Financial Services Compensation Scheme (FSCS) is conducting preliminary market engagement in connection with a proposed contract for Employee Benefits Services.
FSCS is the UK's statutory compensation scheme for customers of failed authorised financial services firms. FSCS is subject to the Procurement Act 2023.
FSCS is seeking a contract for Employee Benefits Services, including undertaking a review of the range, extent and structure of their benefit package programme to employees.
This notice does not constitute a call for competition or a commitment to run a competitive procurement. No contractual relationship will arise from participation in this market engagement exercise. FSCS reserves the right to modify its requirements, draft Contract, or procurement approach in light of the responses received.
To view FSCS draft contract notice and specification, please click here:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Benefit-services./MDHC633774
How to bid
- Read the full notice on Find a Tender, including any tender documents it links to.
- Register your organisation on the Central Digital Platform (through Find a Tender) if you have not already. Suppliers need to be registered to take part in procurements under the Procurement Act 2023.
- Follow the submission instructions in the notice; it does not name an e-tendering portal.
Timeline
- Preliminary market engagement notice · UK2, notice 031667-2026
About the buyer
Financial Services Compensation Scheme LimitedLast 12 months
Procurements
31Awards
18Suppliers it has used most
- Sapphire Partners Limited2 contracts
- Baringa Partners LLP1 contract
- Camford Sutton Associates Limited1 contract
- Capgemini UK Plc1 contract
- ETC Venues1 contract
- Experian Limited1 contract
- International Association of Deposit Insurers1 contract
- Manchester Square Partners LLP1 contract
From notice 031667-2026 on Find a Tender, first published 7 April 2026. We last checked for changes on 28 September 2026.