Oversight Support for EWIC

A Contract Award Notice
by FINANCIAL SERVICES COMPENSATION SCHEME LIMITED

Source
Contracts Finder
Type
Contract (Services)
Duration
0.5 year
Value
£142K
Sector
BUSINESS
Published
06 May 2021
Delivery
19 Apr 2021 to 18 Oct 2021
Deadline
18 Apr 2021 00:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The failure of East West has presented FSCS with a portfolio of claims originating from flammable cladding being installed on high-rise, multi-occupancy residential developments. Other fire safety issues are also commonly being found on these buildings. Urgent remedial work is required to resolve these claims and the claims themselves are very high value (i.e. multi-million GBP). FSCS has no expert knowledge of handling this type of claim and equally there is very limited expert resource available in the wider market. The decision was therefore taken to engage a specialist insurance law firm together with a firm of loss adjusters with experience in this area to provide the requisite legal and loss-adjuster expertise support for FSCS, this will also upskill FSCS resource.

Award Detail

1 Thornpart Adjusters (None)
  • Value: £142,000

CPV Codes

  • 79111000 - Legal advisory services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Reference

Domains