AwardedAwarded 21 September 2026
Risk Management Transformation Support
Financial Services Compensation Scheme Limited · Local or regional public body
In brief
Financial Services Compensation Scheme Limited awarded consultancy work to Baringa Partners LLP on 21 September 2026.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
FSCS is seeking a Service Provider capable of supplying specialist resource to support continued delivery of the Risk Management Transformation programme.
The objectives of this engagement are to:
• Assess process and control effectiveness across selected domains
• Design and embed preventative and automated controls
• Reduce reliance on manual and detective control activities
• Support development of 1LOD risk ownership and accountability
• Develop 1LOD risk and controls registers
• Provide actionable tooling and automation recommendations
• Enable a sustainable, data-driven risk management capability
• Create a comprehensive Compliance Traceability Matrix
The engagement will be delivered through iterative call-offs, each contributing to a defined future-state operating model.
Who won
| Winner | Value | Dates |
|---|---|---|
| Baringa Partners LLP | £1,800,000 | Awarded 21 September 2026 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Contract award notice · UK6, notice 089376-2026
About the buyer
Financial Services Compensation Scheme LimitedLast 12 months
Procurements
6Awards
2Suppliers it has used most for consultancy
- Baringa Partners LLP1 contract
- Manchester Square Partners LLP1 contract
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From notice 089376-2026 on Find a Tender, first published 21 September 2026. We last checked for changes on 27 September 2026.