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AWARD Complete

Risk Management Transformation Support

Published 8 Oct 2026
8 Oct 2026

Primary CPV
79400000 *
Business and management consultancy and related services
Location
🇬🇧 London
Value
No value specified
Contract
3 years Duration
29/09/2026 28/09/2029
Contract Types
79 *Business services: law, marketing, consu...
Full CPV Breakdown
SME suitable
Not stated

Publisher Address

5th Floor, The St Botolph Building, 138-139 Houndsditch, London, EC3A 7AW, United Kingdom · UKI

Contact

Award Criteria

Not specified

Reference: FSCS568
The supply of specialist resource to support continued delivery of FSCS's Risk Management Transformation programme. The objectives of this engagement are to: • Assess process and control effectiveness across selected domains • Design and embed preventative and automated controls • Reduce reliance on manual and detective control activities • Support development of 1LOD risk ownership and accountability • Develop 1LOD risk and controls registers • Provide actionable tooling and automation recommendations • Enable a sustainable, data-driven risk management capability • Create a comprehensive Compliance Traceability Matrix The engagement will be delivered through iterative call-offs, each contributing to a defined future-state operating model.

Full CPV breakdown

  • 79400000 — Business and management consultancy and related services (primary)

Notice details

Buyer type
Local authority
Competition
Framework or DPS call-off (only suppliers already on the framework)
Contract type
Services
Winning supplier
Large company
Procurement method
Award under framework
Main category
Services
Legal basis
UKPGA 2023/54
Notice status
Complete
Award status
Active
Language
EN
Published
08 Oct 2026 07:48
OCID
ocds-h6vhtk-0776f2
Notice ID
FSCS568

Organisations on this notice

Supplier Large
62 Buckingham Gate, London, SW1E 6AJ, United Kingdom
GB-COH OC303471

Everything the publisher included in this notice, organised by section.

Organisations

Party 1 › Name FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
Party 1 › Address › Street 5th Floor, The St Botolph Building, 138-139 Houndsditch
Party 1 › Address › Town / city London
Party 1 › Address › Postcode EC3A 7AW
Party 1 › Address › Country GB
Party 1 › Address › Country United Kingdom
Party 1 › Address › Region (NUTS) UKI31
Party 1 › Contact › Email Procurement@fscs.org.uk
Party 1 › Role buyer
Party 1 › Classification › Description Public authority - sub-central government
Party 2 › Name BARINGA PARTNERS LLP
Party 2 › Address › Street 62 Buckingham Gate
Party 2 › Address › Town / city London
Party 2 › Address › Postcode SW1E 6AJ
Party 2 › Address › Country GB
Party 2 › Address › Country United Kingdom
Party 2 › Address › Region (NUTS) UKI32
Party 2 › Contact › Email tenders@baringa.com
Party 2 › Role supplier
Party 2 › Link https://www.baringa.com/en/
Party 2 › Business size large
Party 2 › VCSEs No
Party 2 › Public service mission organisation No
Party 2 › Sheltered workshop No

Buyer

Name FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Tender

Title Risk Management Transformation Support
Status complete
Procedure type selective
Procedure Award under framework
Competitive Yes
Lot › Status complete
Document › Document type Conflict of interest
Document › Description Not published

Awards

Status active
Category services
Supplier › Name BARINGA PARTNERS LLP
Item › CPV › Description Business and management consultancy and related services
Item › Delivery › Region (NUTS) UKI
Item › Delivery › Country GB
Item › Delivery › Country United Kingdom

Contracts

Status active
Contract period › Start 29 Sep 2026
Contract period › End 28 Sep 2029
Contract period › Can be extended to 28 Sep 2030
Can be renewed Yes
Renewal › Description FSCS reserves the right to extend the contract once by a period of up to 12 months.
Value › Value incl. VAT £1,800,000
Value › Currency GBP
Above threshold Yes
Signed 29 Sep 2026
No Agreed Metrics Rationale KPIs have been set for the call-off contract. However, it is not a requirement to publish KPIs as call-off contract value is less than £5 million including VAT.
Document › Document type Contract notice
Document › Description Contract details notice on Find a Tender
Document › Link https://www.find-tender.service.gov.uk/Notice/094982-2026
Document › Published 8 Oct 2026
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