Contract award · 1 Jul 2025

FSCS SS 459 Traveller Security

Financial Services Compensation Scheme awarded “FSCS SS 459 Traveller Security” to International SOS Limited for £31,295. Awarded without open competition.

No competitionTransport support & travelLondon

Awarded without open competition

Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.

What “without competition” means

Key facts

Buyer
Financial Services Compensation Scheme · Body governed by public law
Value
£31,295.05
Procedure
Single tender action (below threshold)
Sector
Transport support & travel · Travel services (CPV 63515000)
Region
London
Timeline
  1. Contract date1 Jul 2025
  2. Published30 Oct 2025Published 121 days after the contract date

Description

FSCS employees can travel anywhere in the world, including less developed geographies, requiring a higher degree of monitoring and assistance in a worst-case scenario. FSCS require a traveller security provider with the most extensive coverage in the market. Therefore, a FSCS in direct awarding to the successful provider needed assurance that FSCS would be able to discharge its responsibilities in a timely, safe, effective manner Additional information: ***Direct Award***

About the supplier

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