Contract

Bank Wizard

  • FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

UK7: Contract details notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2026/S 000-014995

Procurement identifier (OCID): ocds-h6vhtk-06578c

Published 18 February 2026, 5:25pm



Scope

Description

Performs a modulus check to validate bank account and sort codes for all electronic payments. Faster Payment module used to verify Faster Payments can be processed by the customers bank and validates the account.


Contract 1

Supplier

Contract value

  • £49,088 including VAT

Below the relevant threshold

Date signed

31 December 2025

Contract dates

  • 31 December 2025 to 30 December 2026
  • 1 year

Main procurement category

Goods

CPV classifications

  • 48100000 - Industry specific software package

Contract locations

  • UK - United Kingdom

Procedure

Procedure type

Below threshold - without competition


Supplier

EXPERIAN LIMITED

  • Companies House: 00653331
  • Public Procurement Organisation Number: PBLG-1655-GDMW

The Sir John Peace Building, Experian Way, NG2 Business Park

Nottingham

NG80 1ZZ

United Kingdom

Region: UKF14 - Nottingham

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Contract 1


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

Region: UKI31 - Camden and City of London

Organisation type: Public authority - sub-central government