Closed
Master Vendor Recruitment (Contingent Workers)
Financial Services Compensation Scheme Limited · Local or regional public body
In brief
Financial Services Compensation Scheme Limited was looking for suppliers for recruitment work. Bidding has closed and no award has been published yet.
The estimated value is £25,100,000 including VAT.
The contract runs for 2 years, up to 4 years with extensions, starting 30 October 2026.
The buyer says it is suitable for small and medium-sized businesses.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
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:…Read the full 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.
Timeline
- Tender notice · UK4, notice 009780-2026
About the buyer
Financial Services Compensation Scheme LimitedLast 12 months
Procurements
31Awards
18Suppliers it has used most for recruitment
- Sapphire Partners Limited2 contracts
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From notice 009780-2026 on Find a Tender, first published 4 February 2026. We last checked for changes on 28 September 2026.