£180k Strategic Consultancy Contract for FSCS Mission Vision Strategy
Summary
Financial Services Compensation Scheme Limited (FSCS) has awarded a £180,000 strategic consultancy contract to PA Consulting Group Limited. The contract runs from 22 January 2026 to 31 March 2026. The procurement was conducted as a below-threshold, non-competitive award under the Procurement Act 2023.
What changed
FSCS awarded a £180,000 strategic consultancy contract to PA Consulting Group Limited to support mobilization of FSCS's 5-year strategy. The contract was signed on 22 January 2026 with a value including VAT of £180,000. The procurement used a below-threshold procedure without competition.
This is an informational procurement transparency notice. No compliance obligations arise for external parties from this contract award. Financial services firms and other stakeholders may wish to note FSCS's ongoing strategic activities as they relate to the scheme's compensation operations.
What to do next
- Monitor for updates
Archived snapshot
Apr 14, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Contract
Strategic Consultancy to support FSCS Mission, Vision and Strategy
- FINANCIAL SERVICES COMPENSATION SCHEME LIMITED UK7: Contract details notice - Procurement Act 2023 - view information about notice types
Notice identifier: 2026/S 000-033508
Procurement identifier (OCID): ocds-h6vhtk-068175
Published 14 April 2026, 1:44am
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Contents
Scope Contract 1 Procedure Supplier Contracting authority
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Reference
FSCS570
Description
Consultancy support required urgently as part of mobilistaion of FSCS's 5-year strategy.
Contract 1
Supplier
Contract value
- £180,000 including VAT Below the relevant threshold
Date signed
22 January 2026
Contract dates
- 22 January 2026 to 31 March 2026
- 2 months, 10 days
Main procurement category
Services
CPV classifications
Business and management consultancy and related services
Contract locations
- UKI - London
Procedure
Procedure type
Below threshold - without competition
Supplier
PA Consulting Group Limited
- Companies House: 00414220 10 Bressenden Place
London
SW1E 5DN
United Kingdom
Email: shivani.joshi@paconsulting.com
Region: UKI32 - Westminster
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Contract 1
Contracting authority
FINANCIAL SERVICES COMPENSATION SCHEME LIMITED
- Companies House: 03943048
- Public Procurement Organisation Number: PNMP-1789-RLBG 5th Floor, The St Botolph Building, 138-139 Houndsditch
London
EC3A 7AW
United Kingdom
Email: Procurement@fscs.org.uk
Website: http://www.fscs.org.uk
Region: UKI31 - Camden and City of London
Organisation type: Public authority - sub-central government
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Source document text, dates, docket IDs, and authority are extracted directly from FSCS.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
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