FSCS526 Salary Benchmarking and Related Services

  • Financial Services Compensation Scheme

F14: Notice for changes or additional information

Notice identifier: 2024/S 000-039000

Procurement identifier (OCID): ocds-h6vhtk-04c1f5

Published 4 December 2024, 10:05am



Section one: Contracting authority/entity

one.1) Name and addresses

Financial Services Compensation Scheme

Beaufort House, 15 St. Botolph Street

London

EC3A 7QU

Contact

Jean Mutudza

Email

Jean.Mutudza@fscs.org.uk

Telephone

+44 2073758197

Country

United Kingdom

Region code

UKI - London

Internet address(es)

Main address

www.fscs.org.uk


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

FSCS526 Salary Benchmarking and Related Services

Reference number

FSCS526

two.1.2) Main CPV code

  • 79400000 - Business and management consultancy and related services

two.1.3) Type of contract

Services

two.1.4) Short description

Provision of salary benchmarking services on an ongoing basis with an initial one-off consultancy project to review FSCS's current approach and propose how the service can continue to support the ongoing evolution and health of the organisation going forward.

The outcomes sought are:

•Recommendations on the ‘health’ of the organisation and the roles within it;

•a fair and transparent job framework which meets the requirements of the organisation;

•a Pay Progression Model;

•salary benchmarks for all roles against the appropriate markets;

•a Remuneration Policy and processes that underpins and aligns with the organisation’s aims and, objectives;

•access to robust, quality salary and benefits market benchmarks;

•access to guidance and advice on all matters relating to job evaluation, salary, and benefits;

•reduced risk of people leaving because of pay and benefits.


Section six. Complementary information

six.6) Original notice reference

Notice number: 2024/S 000-038957


Section seven. Changes

seven.1) Information to be changed or added

seven.1.2) Text to be corrected in the original notice

Section number

II.2.6

Place of text to be modified

Estimated Value

Instead of
Text

Estimated Value excluding VAT 480,000

Read
Text

Estimated Value excluding VAT 240,000

seven.2) Other additional information

The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

For more information about this opportunity, please visit the Delta eSourcing portal at:

https://www.delta-esourcing.com/tenders/UK-UK-London:-Business-and-management-consultancy-and-related-services./EK3U6665ZF

To respond to this opportunity, please click here:

https://www.delta-esourcing.com/respond/EK3U6665ZF

GO Reference: GO-2024124-PRO-28757217