Confirmation of Payee Services

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Published: Nov 25, 2025

Updated: Jun 17, 2026

Source: uk_contracts_finder

This tender has been awarded

Awarded to PayPoint Network Limited — £300,000

Browse open Finance & Banking tenders in United Kingdom

About This Opportunity

Financial Services Compensation Scheme Limited United Kingdom: Confirmation of Payee Services. Services contract awarded, finance & banking. Awarded to.

This is a services contract in the finance and banking and information and communication technology sectors, with a focus on Fintech and Cybersecurity. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 300,000.

Published through UK Contracts Finder, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

G-Cloud 14 Call Off Agreement - This service is required to confirm bulk bank account details of customers if there was a financial institution failure.. CPV: Financial transaction processing and clearing-house services (66172000). Procedure: Call-off from a framework agreement

Data provenance

This notice is sourced from UK Contracts Finder and was originally published on November 25, 2025. Last refreshed 8 days ago. Reference: FSCS 482. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

FINANCIAL SERVICES COMPENSATION SCHEME LIMITED has issued 38 procurement notices on BidsFactory, including 0 currently open and 38 awarded contracts. Activity concentrates in Information & Communication Technology, Finance & Banking, and General Supplies & Services. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: June 5, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK Contracts Finder to access the full notice, required documents, and submission instructions. Quote reference FSCS 482 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to PayPoint Network Limited. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by FINANCIAL SERVICES COMPENSATION SCHEME LIMITED in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

PayPoint Network Limited was awarded the contract for £300,000. The figure reflects the value disclosed by the contracting authority in the award notice.