This Award Notice opportunity from Financial Services Compensation Scheme Limited was posted on September 21, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Risk Management Transformation Support

Awarded

FSCS568International

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541611

New

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Solicitation # business-impact-analysis-disaster-recovery-business-continuity-plan-services-ieua

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Owner's Project Management (OPM) Support Services

City of Newburyport

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about 17 hours ago

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in 20 days

AI Contract Overview

The Financial Services Compensation Scheme Limited has awarded contract FSCS568 to Baringa Partners LLP for Risk Management Transformation Support. This engagement, valued at 1,800,000 pounds including VAT, is designed to provide specialist resources to enhance the organization's risk management capabilities. The contract is scheduled to run from September 25, 2026, to September 24, 2029, with a potential 12-month extension. The primary objective of the partnership is to transition toward a sustainable, data-driven risk management operating model through iterative call-offs. Key deliverables include assessing process and control effectiveness, designing automated and preventative controls to reduce manual reliance, and developing first line of defense risk ownership, accountability, and registers. Additionally, the service provider will provide actionable tooling recommendations and create a comprehensive Compliance Traceability Matrix to ensure robust oversight and operational efficiency.

General Info

Baringa Partners LLP provides risk management support to FSCS for 1.8 million pounds.

Agency

Financial Services Compensation Scheme Limited

Contract Value

NAICS

541611 - Administrative Management and General Management Consulting Services

Place of Performance

GBR

Set-Aside

NONE

Awardee

Baringa Partners

Award Issued Date

09/20/2026, 12:00:00 AM UTC

Documents

award

Low

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Uniform Contract Format

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Timeline

PhaseAwarded

PostedSep 21

Award Notice

AwardedSep 20

Contract was awarded

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Organization & Contact Information

AgencyFinancial Services Compensation Scheme Limited

Contacts1 person available

OfficeN/A

Organization / AgencyFinancial Services Compensation Scheme Limited

Office AddressN/A

Contacts

Full Description

FSCS is seeking a Service Provider capable of supplying specialist resource to support continued delivery of the 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.

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