FCA Payroll Services Re-tender

Financial Conduct AuthoritycontractFind a TenderRef ocds-h6vhtk-05d4adProcurement Act 2023SME suitablepending
View buyer

Estimated value

Awarded value

£1.5m

Awarded 13 May 2026

Suppliers

1

Lots

1

1 awarded

Published

01 Jun 2026

Description

The FCA is moving to a Workday Solution for its Payroll services. A project was initiated to consider the suitability of the Workday Payroll Module in the context of its existing investment Workday. Following the completion of architectural design, Workday Payroll was selected as the preferred payroll technology. As a result, the FCA is seeking to appoint a single supplier through this procurement process, in accordance with requirements outlined in document C3695 – FCA ITT Annex A – Statement of Requirements. The appointed supplier must be a Workday Recognised Managed Service Supplier (MSP) and will be responsible for delivering a secure and compliant, fully managed payroll service using the Payroll module in the FCA’s Workday tenant, for all FCA and PSR employees in business as usual (BAU) operations. The FCA currently uses a commercial off the shelf (COTS), software as a service (SaaS) platform to run its Payroll. The scope of this new service will encompass key areas such as but not limited to: • Managing absence, ensuring colleagues drop to half pay or nil pay on the appropriate day, and monitoring phased returns to work. • Monitoring National Living Wage (NLW) and National Minimum Wage (NMW) against FCA salary sacrifice pay elements. • Managing configuration changes, supporting testing, and ensuring continuity following Workday updates, FCA requested configuration changes or any legislative configuration changes. • Managing the Civil Service Pension scheme, including the controls, reconciliation, and submission of the monthly interface.

Scope

Reference
C3695
Commercial tool
Standalone contract
Contract dates
01 Dec 2026 to 30 Nov 2030
Possible extension to 30 Nov 2032

The contract includes options to extend for up to 2 additional years beyond the initial four-year term. These extensions are subject to satisfactory performance and ongoing operational requirements. - Extension duration: up to 24 months (two 12-month periods) - Estimated headcount during extensions: 5,700 employees per annum Conditions for Extension: - Continued alignment with service delivery standards - Achievement of key performance indicators - Mutual agreement between the Authority and the Supplier

CPV classifications
79631000
Contract locations
UK, United Kingdom
Particular suitability
Small and medium-sized enterprises (SME)

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Commercialcost30.00%
Technicalquality70.00%

Submission & procedure

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£1.5m

Award date

13 May 2026

Contract start

01 Dec 2026

Contract end

30 Nov 2030

Awarded to