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Master Vendor Recruitment (Contingent Workers)

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Buyer Contact Info

Buyer Name: FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Buyer Address: 5th Floor, The St Botolph Building, 138-139 Houndsditch, London, UKI31, EC3A 7AW, United Kingdom

Contact Email: Procurement@fscs.org.uk

Status
active
Procedure
selective
Value
25100000.0 GBP
Gross: 25100000 GBP
Published
04 Feb 2026, 09:44
Deadline
n/a
Contract Start
n/a
Contract End
n/a
Category
services
CPV
79600000 - Recruitment services
Region
n/a
Awarded To
n/a
Official Source
Open Find a Tender

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.

Linked Documents

No linked documents found for this notice.

Opportunity Context

More Information Links

External Link: https://www.delta-esourcing.com/respond/E69AX4H7P6

External Link: https://www.find-tender.service.gov.uk/Notice/009780-2026

Link Description: Tender notice on Find a Tender

Lots

Lot 1 Status: active

Lot 1 Value (Gross): GBP 25,100,000

Lot 1 Contract Start: 2026-10-30T00:00:00Z

Lot 1 Contract End: 2028-10-29T23:59:59Z

Lot 1 SME Suitable: Yes

Lot 1 Award Criterion (quality): Quality (70%)

Lot 1 Award Criterion (cost): Price (30%)

Documents

Document Description: Not published

Document Description: Tender notice on Find a Tender

Raw Notice JSON

Expand raw payload
{
  "buyer": {
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    "name": "FINANCIAL SERVICES COMPENSATION SCHEME LIMITED"
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    },
    "contractTerms": {
      "financialTerms": "Invoices must be submitted to Payables@fscs.org.uk and must quote a valid Purchase Order Number."
    },
    "coveredBy": [
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    "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. \nThis 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.\nContingent workers will include: \n\u2022\tIndependent contractors \n\u2022\tFreelancers \n\u2022\tConsultants \n\u2022\tTemporary agency workers \n\u2022\tWorkers engaged via umbrella companies\nFSCS 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 \u0026 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. \nThe 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\u0027s sole discretion.",
    "documents": [
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        "documentType": "conflictOfInterest",
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        "id": "L-1",
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        "id": "L-2",
        "url": "https://www.delta-esourcing.com/respond/E69AX4H7P6"
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        "description": "Tender notice on Find a Tender",
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    "enquiryPeriod": {
      "endDate": "2026-02-18T12:00:00Z"
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    "expressionOfInterestDeadline": "2026-03-02T12:00:00Z",
    "hasRecurrence": true,
    "id": "FSCS569",
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    "legalBasis": {
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      "scheme": "UKPGA",
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    },
    "lots": [
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              "description": "Quality -70%\nContingent Workforce Management - 40%\nService Transition and Implementation - 15%\nAccount Management - 20%\nProcesses, workflows, and systems - 10%\nData - 15%\nLegal (Contract Terms) - Pass/Fail",
              "name": "Quality",
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          "maxExtentDate": "2030-10-29T23:59:59Z",
          "startDate": "2026-10-30T00:00:00Z"
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        "id": "1",
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        },
        "selectionCriteria": {
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              "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.\nSuppliers 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.",
              "type": "economic"
            },
            {
              "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.\nSuppliers 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.",
              "type": "technical"
            }
          ]
        },
        "status": "active",
        "suitability": {
          "sme": true,
          "vcse": true
        },
        "value": {
          "amountGross": 25100000,
          "currency": "GBP"
        }
      }
    ],
    "mainProcurementCategory": "services",
    "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.\nThe 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. \nFSCS 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. \nFSCS reserves the right to award the contract on the basis of the evaluation of the initial tenders.\nIf 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. \nAt the end of the negotiation stage, Suppliers will be invited to submit final tenders. \nFSCS will use an online portal at www.delta-esourcing.com (\"the Portal\") to make associated tender documents available to suppliers. \nSuppliers 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.\nThe 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:\n\u2022\tTender Notice\n\u2022\tPSQ\n\u2022\tISIT\n\u2022\tDraft Contract\n\u2022\tService Requirements \nAward Criteria\nNo.\tCriteria\tCriteria Weighting\tAvailable Scores\n\tQuality 70%\n1\tContingent Workforce Management\t\n40%\t0-4\n2\tService Transition and Implementation\t15%\n\t0-4\n3\tAccount Management\n\t20%\t0-4\n4\tProcess, workflows, systems\n\t10%\t0-4\n5\tData\n\t15%\t0-4\n\tPrice 30%\n6\tFinancial\t30%\tN/A\n\tLegal (Pass/Fail)\n7\tLegal\n\tN/A\n\tPass/Fail"
    },
    "procurementMethod": "selective",
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    "recurrence": {
      "dates": [
        {
          "startDate": "2029-10-01T23:59:59+01:00"
        }
      ]
    },
    "status": "active",
    "submissionMethodDetails": "https://www.delta-esourcing.com/respond/E69AX4H7P6",
    "submissionTerms": {
      "electronicSubmissionPolicy": "allowed",
      "languages": [
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    },
    "title": "Master Vendor Recruitment (Contingent Workers)",
    "value": {
      "amountGross": 25100000,
      "currency": "GBP"
    }
  }
}