Financial Services Compensation Scheme
GB-London: Secure Cheque Printing and Pay-out Services
This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
FSCS is seeking to award Service Contracts to two (2) individual Service Providers for the provision of secure Cheque Printing and Pay-out Services comprising the following: 1.
Implementation Services: -Put in place standby and payment services capable of anytime short notice invocation. -Supplier project management of design, including End to End testing, through to implementation of standby service.
2.
Standby Services: -Cheque base-stock and envelope stock production and storage capability, or outsource/sub-contract facilities for same -Security around plant, stock and process consistent with sensitive materials and mail handling, and accredited cheque production 3.
Payment Services: -Printing, enclosing and dispatching cheques to the required standards within the required timeframes -Receiving data for up to two (2) million records on Day 1, and ensuring all records are dispatched by last post before the end of Day 4 (exceptions apply to non-Business days). -Receipt/transmission of data in FSCS prescribed pipe delimited .txt via a Secure File Transfer (SFTP), a secure method over the Internet (e.g.
SFTP, Portal or Website secured by TLS 1.2 or higher) , Error handling and Management Information Reporting over invocation period via same protocol. -Returned mail handling and reporting facility Each Contract for Cheque Printing and Pay-out Services will be the same and it is intention that FSCS will award the Primary Service Provider contract to the Tenderer having submitted the most economically advantageous tender then Secondary Service Provider contract to Tenderer of the second most economically advantageous tender.
All Service Providers shall be required to provide Implementation services to set up services, and Standby Services following 'set up' for the term of the contract.
Pay-out services will be on a tiered approach as described below.
The work to be allocated to the Service-Providers is on a tiered basis so that Primary Provider is preferred followed by Secondary Provider where Primary Provider is unable to meet all or part of the requirement.
What the supplier must deliver
Put in place standby and payment services
Put in place standby and payment services capable of anytime short notice invocation.
All Service Providers shall be required
All Service Providers shall be required to provide Implementation services to set up services, and Standby Services following 'set up' for the term of the contract.
Derived from the notice text — always confirm against the original documents.
Make the case to bid
Reveal who to approach at Financial Services Compensation Scheme, and generate a go-to-market strategy from their news, accounts and people.
- OCID
- 72f547c9-4f7a-4e42-82cf-d1215314bbaf
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- BIP450146178
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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