Scope
Reference
FSCS569
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.
Total value (estimated)
- £25,100,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 30 October 2026 to 29 October 2028
- Possible extension to 29 October 2030
- 4 years
Description of possible extension:
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.
Main procurement category
Services
CPV classifications
- 79600000 - Recruitment services
Contract locations
- UK - United Kingdom
Participation
Legal and financial capacity conditions of participation
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.
Technical ability conditions of participation
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.
Particular suitability
- Small and medium-sized enterprises (SME)
- Voluntary, community and social enterprises (VCSE)
Submission
Enquiry deadline
18 February 2026, 12:00pm
Submission type
Requests to participate
Deadline for requests to participate
2 March 2026, 12:00pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
8 September 2026
Recurring procurement
Publication date of next tender notice (estimated): 1 October 2029
Award criteria
| Name | Description | Type | Weighting |
|---|---|---|---|
| Quality | 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 |
Quality | 70% |
| Price | Cost |
Cost | 30% |
Other information
Payment terms
Invoices must be submitted to Payables@fscs.org.uk and must quote a valid Purchase Order Number.
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Competitive flexible procedure
Competitive flexible procedure description
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
Documents
Associated tender documents
https://www.delta-esourcing.com/respond/E69AX4H7P6
Technical specifications to be met
https://www.delta-esourcing.com/respond/E69AX4H7P6
Contracting authority
FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
- Companies House: 03943048
- Public Procurement Organisation Number: PNMP-1789-RLBG
5th Floor, The St Botolph Building, 138-139 Houndsditch
London
EC3A 7AW
United Kingdom
Email: Procurement@fscs.org.uk
Region: UKI31 - Camden and City of London
Organisation type: Public authority - sub-central government