# GB-London: FSCS499 Cheque Printing and Pay-out Service

> A sourced UK public sector contract award published by Financial Services Compensation Scheme.

## Key facts

- Buyer: [Financial Services Compensation Scheme](/buyers/financial-services-compensation-scheme/contract-awards)
- Tender value: £500,000
- Published: 23 December 2024
- Contract start: 8 April 2025
- Contract end: 7 April 2028
- Stage: open_tender
- Procurement category: services
- Notice ID: c9e5dab9-f58b-447d-bde6-7354ae64194b-813443
- OCID: ocds-b5fd17-9c2333fe-105e-44e9-a522-d61c657a164d

## Description

FSCS is seeking to appoint two single Service Providers for the provision of Cheque Printing and Pay-out services\. FSCS would seek to appoint a preferred/primary service provider \(winning bid\) and a secondary Service Provider \(second placed bid ranked based on outcome of tender evaluation\)\. The Secondary Provider would be able to provide services in the event any of the following circumstances apply: \(i\) Preferred Service 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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/c9e5dab9-f58b-447d-bde6-7354ae64194b-813443)
