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FSCS intends to appoint a number of suppliers of various legal services to a multi-provider framework as further detailed in the PSQ and is inviting requests from interested Suppliers to participate in a tendering exercise for that appointment.
This opportunity has arisen as a result of the existing FSCS multi-provider framework for legal services being due to expire on 15th January 2027 and FSCS’s ongoing requirement for a wide variety of legal services to assist it in delivery of its statutory function as primarily set out in Part XV Financial Services and Markets Act 2000.
FSCS has divided its requirements for this service into the following two (2) lots:
Lot 1 Core Legal Services, further details of which are set out below . FSCS intends to appoint up to a maximum of five (5) Suppliers to Lot 1 Core Legal Services.
Lot 2 Employment Law and Ancillary Services, further details of which are set out below . FSCS intends to appoint one (1) Supplier to Lot 2 Employment Law and Ancillary Services.
Suppliers may bid for either or both Lots.
Whilst actual demand for the services (or any of them) cannot be guaranteed, the estimated value for the maximum term of the Framework Agreement (3+1) is as follows (in each case excluding VAT):
Lot 1: £20,000,000
Lot 2: £400,000
The following associated tender documents are being provided with the publication of this tender notice to provide further information about the procurement and are available on the Portal:
•PSQ – Procurement Specific Questionnaire
•Specification (Statement of Requirements)
Suppliers invited to the ITT stage, will respond to the Quality and Cost questions. Suppliers will also have Presentation Meetings, during the Tender Evaluation Process, which will be scored.
For more information about this opportunity, please visit the eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-UK-London:-Legal-services./UB4VC22M4R
To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/UB4VC22M4R
| Lot | Title | Value |
|---|---|---|
| Lot 1 | Core Legal Services:Lot 1 Core Legal Services: comprises core legal services, covering both legal and recoveries matters relevant to FSCS as a public body administering a compensation scheme in relation to insolvent financial services firms according to a statutory framework. FSCS intends to appoint up to a maximum of five (5) Suppliers to Lot 1 Core Legal Services. Suppliers to be invited to participate in the subsequent, ITT Stage of the Procurement. | £20,000,000 |
| Lot 2 | Employment Law and Ancillary ServicesLot 2 Employment Law and Ancillary Services: comprises specialist HR and employment law services for FSCS, providing practical, risk-based advice and tribunal support across the full spectrum of employment matters, including employee relations, contracts, policies and procedures. FSCS intends to appoint one (1) Supplier to Lot 2 Employment Law and Ancillary Services. Suppliers to be invited to participate in the subsequent, ITT Stage of the Procurement. | £400,000 |