FSCS506 Employee Benefits

2025-02-21

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Published date: 20 February 2025

Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.

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Contract summary

Industry

Business services: law, marketing, consulting, recruitment, printing and security - 79000000

Location of contract

Any region

Value of contract

£500,000

Procurement reference

BIP928036490

Published date

20 February 2025

Closing date

1 April 2025

Closing time

2pm

Contract start date

1 April 2026

Contract end date

31 March 2029

Contract type

Service contract

Procedure type

Open procedure

What is an open procedure?

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Contract is suitable for VCSEs?

Description

FSCS seeks the service of an Employee Benefits Administrator to provide a "one stop shop" through which its employees can access their benefits, with fast, efficient and right first-time administration support. The supplier will provide a fully managed reward scheme which would enable FSCS employees to interface directly with the benefit supplier and an employee help-line to resolve queries and provide assistance. It would also have a web-enabled on-line platform that is designed to enable FSCS employees to choose the benefits that are best suited to them, their needs and circumstances.