Contract award · 14 Jun 2024

Core Claims Services

Financial Services Compensation Scheme awarded “Core Claims Services” to PricewaterhouseCoopers LLP for £83.6m on 14 Jun 2024.

Business servicesLondon

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Financial Services Compensation Scheme · Body governed by public law
Value
£83,600,000
Procedure
Competitive procedure with negotiation
Sector
Business services · Customer-care services (CPV 79342320)
Region
London
Timeline
  1. Contract date14 Jun 2024
  2. Published24 Jun 2024Published 10 days after the contract date

Description

The scope of the services are: * Deposit Claims Processing - Not Fit For Straight Through Pay-out (NFFSTP) Claims - Exclusion View (EV) Claims - Temporary High Balances (THB) Claims - Customer engagement activities, such as inbound and outbound calls, in the course of processing the above claims * Advice Claims Processing - Early file preparation and triage activity (Pre-assessment tasks) - End to End processing on a proportion of claims where the approach to assessing the claim is more well-defined and standardised, and volumes are sufficient - Customer Engagement activities such as making Touch Point Calls or responding to incoming calls in the course of processing the above claims - Resolving post decision correspondence and processing Appeals for the Claims processed by the Service Provider * Overflow Customer Contact - Providing suitable telephony and administration support to deal effectively with inbound customer queries when volumes exceed the capacity that can be dealt with b…

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