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PROCUREMENT OPPORTUNITY

Master Vendor Recruitment (Contingent Workers)

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED · Tender notice on Find a Tender

Tender information last checkedLast checked 5 Oct 2026, 00:50.

Opportunity overview

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.

Classification

  • CPV79600000 — Recruitment services

Lots

  • Lot 1£25.1m · Including VAT

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
FSCS569
Status
active
Procurement Method
selective
Procurement Method Details
Competitive flexible procedure
Main Procurement Category
services
Above Threshold
Yes
Expression Of Interest Deadline
2 Mar 2026, 12:00
Has Recurrence
Yes

Legal basis

Id
2023/54
Scheme
UKPGA

Procedure

Features
This tender notice is for the award of a public contract through a competitive flexible procedure in accordance with section 20(1) and (2)(b) of the Procurement Act 2023. The technical specification which are expected to be met for this procurement can be found in the Service Requirements document which is available via the Portal. FSCS intends to shortlist up to 3 suppliers with the highest scoring Procurement Specific Questionnaire (PSQ) responses to participate in the tender stages of the competitive flexible procedure. The 3 shortlisted suppliers will be invited to submit initial tenders. FSCS reserves the right to award the contract on the basis of the evaluation of the initial tenders. If FSCS decides not to award the contract on the basis of the initial tenders, FSCS intends to invite the Suppliers with the 2 highest scoring initial tenders to participate in the negotiations with FSCS. At the end of the negotiation stage, Suppliers will be invited to submit final tenders. FSCS will use an online portal at www.delta-esourcing.com ("the Portal") to make associated tender documents available to suppliers. Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through the Portal by the deadline set out in this tender notice. The following associated tender documents are being provided with the publication of this tender notice to provide further information about the procurement and are available on the Portal: • Tender Notice • PSQ • ISIT • Draft Contract • Service Requirements Award Criteria No. Criteria Criteria Weighting Available Scores Quality 70% 1 Contingent Workforce Management 40% 0-4 2 Service Transition and Implementation 15% 0-4 3 Account Management 20% 0-4 4 Process, workflows, systems 10% 0-4 5 Data 15% 0-4 Price 30% 6 Financial 30% N/A Legal (Pass/Fail) 7 Legal N/A Pass/Fail

Covered By

GPA

Submission terms

Electronic Submission Policy
allowed

Languages

en

Enquiry period

Ends
18 Feb 2026, 12:00

Expected award period

Ends
8 Sept 2026, 23:59

Recurrence

Dates

Entry 1
Starts
1 Oct 2029, 23:59

Contract terms

Financial Terms
Invoices must be submitted to Payables@fscs.org.uk and must quote a valid Purchase Order Number.

Lots and requirements

Entry 1
Id
1
Status
active
Has Renewal
Yes

Value

Including VAT
25,100,000
Currency
GBP

Award criteria

Criteria

Criterion 1
Type
quality
Name
Quality
Description
Quality -70% Contingent Workforce Management - 40% Service Transition and Implementation - 15% Account Management - 20% Processes, workflows, and systems - 10% Data - 15% Legal (Contract Terms) - Pass/Fail

Numbers

Entry 1
Number
70
Weight
percentageExact
Criterion 2
Type
cost
Name
Price
Description
Cost

Numbers

Entry 1
Number
30
Weight
percentageExact

Selection criteria

Criteria

Criterion 1
Type
economic
Description
Legal and financial capacity conditions of participation: Legal and financial conditions of participation are set out in the PSQ which can be obtained via the Portal on registration to express interest. Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through Delta-esourcing by the deadline set out in this tender notice.
Criterion 2
Type
technical
Description
Technical ability conditions of participation: Technical ability conditions of participation are set out in the PSQ which can be obtained via the Portal on registration to express interest. Suppliers requesting to participate in this procurement competition are required to submit their completed PSQs through Delta-esourcing by the deadline set out in this tender notice.

Suitability

Sme
Yes
Vcse
Yes

Contract period

Starts
30 Oct 2026, 00:00
Ends
29 Oct 2028, 23:59
Max Extent Date
29 Oct 2030, 23:59

Renewal

Description
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.

Items and delivery

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
79600000
Description
Recruitment services

Delivery locations

Entry 1
Region
UK
Country
GB
Country Name
United Kingdom

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published
Entry 2
Id
L-1
Document Type
biddingDocuments
Entry 3
Id
L-2
Document Type
technicalSpecifications
Entry 4
Id
009780-2026
Document Type
tenderNotice
Notice Type
UK4
Description
Tender notice on Find a Tender
Published
4 Feb 2026, 09:44
Format
text/html

Buyer, suppliers and contacts

Organisation 1
Name
FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
Id
GB-COH-03943048

Identifier

Scheme
GB-COH
Id
03943048

Additional Identifiers

Entry 1
Scheme
GB-PPON
Id
PNMP-1789-RLBG

Address

Street Address
5th Floor, The St Botolph Building, 138-139 Houndsditch
Locality
London
Postal Code
EC3A 7AW
Country
GB
Country Name
United Kingdom
Region
UKI31

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthoritySubCentralGovernment
Description
Public authority - sub-central government

Recorded locations

  • Buyer location · London · UKI31 · EC3A 7AW · United Kingdom
  • Delivery location · UK · United Kingdom

Notice and amendment history

1 published notice version reviewed by ProcuraAxis.

1 VERSION
  1. 009780-2026Tender notice on Find a Tender ·