Awarded Contractocds-h6vhtk-044dd7

IFRS 16 Lease Management Hub

The adoption by FCDO of a new accounting standard (International Financial reporting Standard [IFRS] 16), now demands a level of rigour and accuracy in accounting for FCDO leases. It is proposed to centralise all lease data inputting into a hub to improve accuracy. To do this FCDO is seeking to set up an (initially) outsourced, lease management hub to process all FCDO lease events (new leases, lease extensions, rent reviews and lease terminations).

Buyer

Foreign, Commonwealth and Development Office

Value

£4,250,000

Published

20 Feb 2025

Closes

24 Jun 2024

Procurement details

Source

Find a Tender

Region

Westminster

Procurement method

Open

Category

Services

Contract starts

Not provided

Contract ends

Not provided

CPV classifications

70000000

Real estate services

Lots

Lot 1 IFRS 16 Lease Management Hub

£1,529,668

The adoption by FCDO of a new accounting standard (International Financial reporting Standard [IFRS] 16), now demands a level of rigour and accuracy in accounting for FCDO leases. It is proposed to centralise all lease data inputting into a hub to improve accuracy. To do this FCDO is seeking to set up an (initially) outsourced, lease management hub to proces...

Delivery: United Kingdom

Documents

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Contains public sector information licensed under the Open Government Licence v3.0.