Master Vendor Recruitment (Contingent Workers)

A Tender Notice
by FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Source
Find a Tender
Type
Contract (Services)
Duration
2 year
Value
___
Sector
BUSINESS
Published
04 Feb 2026
Delivery
30 Oct 2026 to 29 Oct 2028
Deadline
n/a

Related Terms

Location

United Kingdom:

Geochart for 1 buyers and 0 suppliers

Description

FSCS currently have a Master Vendor in place to support all our permanent, fixed-term and contingent worker recruitment except for Executive and Non-Executive Director (NED) recruitment which is managed separately. This recruitment model has worked well for FSCS for over 10 years however, in light of changing business priorities and resourcing requirements we have identified the need to change our recruitment model. As a result, we will now transition to a hybrid recruitment model that will see us bringing the management of permanent and fixed term hiring in-house and contracting with a Master Vendor for our contingent workforce hiring and management only. Contingent workers will include: • Independent contractors • Freelancers • Consultants • Temporary agency workers • Workers engaged via umbrella companies FSCS is now looking to appoint Master Vendor (Contingent Workers) to provide a full 360-degree service of contingent worker hiring and management to include: sourcing and attraction, screening & selection, offer and contract management, compliance (vetting, AWR, IR35, employment and equality legislation), onboarding, payroll, performance monitoring and management, offboarding and re-engagement, analytics, and reporting. The contract will be for an initial term of two (2) years with the option to extend for up to a further two (2) years in two twelve-month extensions at FSCS's sole discretion.

Renewal Options

The contract will be for an initial term of two (2) years with the option to extend for up to a further two (2) years in two twelve-month extensions at FSCS's sole discretion.

Award Criteria

Quality Quality -70% Contingent Workforce Management - 40% Service Transition and Implementation - 15% Account Management - 20% Processes, workflows, and systems - 10% Data - 15% Legal (Contract Terms) - Pass/Fail
Price Cost

CPV Codes

  • 79600000 - Recruitment services

Indicators

  • This is a recurring contract.
  • Renewals are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

  • ocds-h6vhtk-064670
  • FTS 009780-2026

Domains