Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Financial Services Compensation Scheme · Body governed by public law
- Supplier
- Adare SEC Limited SME
- Value
- £196,200
- Procedure
- Open procedure (above threshold)
- Sector
- Business services · Printing and distribution services (CPV 79824000)
- Region
- London
- Official notice
- View on Contracts Finder
- Timeline
-
- Contract date7 Apr 2025
- Published1 Oct 2025Published 177 days after the contract date
Description
FSCS requires the services of a Cheque Printing and Pay-out provider on a Secondary basis. The Secondary Provider would provide services in the event any of the following circumstances apply: (i) Primary Provider does not have enough capacity to execute a Payment Services Order to meet FSCS statutory timescales (ii) in the event of a major default(s) where FSCS at its discretion opts to use both suppliers in order to increase its chances of meeting statutory timelines.
About the supplier
Adare SEC Limited: every public contract they have won, plus their Companies House record (company 02814431).