Lease Accounting System
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Software & IT Systems band — a substantial contract for the sector. Based on 30,286 valued Software & IT Systems tenders in our corpus.
A software system that has the functionality to hold details of the Council's leasing arrangements where the Council is either lessee or lessor.
The system will need to calculate the year end lease accounting entries (journals) such as recognition of lease liabilities and Right Of Use remeasurement of lease liabilities, write down of lease liabilities.
The system will need to be compliant with the requirements of the International Financial Reporting Standard 16 (IFRS16) for local authorities.
Awarded via G-Cloud 13.
What the notice asks for
The system will need to calculate
The system will need to calculate the year end lease accounting entries (journals) such as recognition of lease liabilities and Right Of Use remeasurement of lease liabilities, write down of lease liabilities.
The system will need to be compliant
The system will need to be compliant with the requirements of the International Financial Reporting Standard 16 (IFRS16) for local authorities.
Sentences from the notice that state an obligation, surfaced automatically and shown in the order they appear. Not an exhaustive list — always confirm against the tender documents.
What this notice demands of you
1 named, none in explicit obligation language. Each one is quoted from the notice.
Awarded via G-Cloud 13.
Matched against the notice text, so this is a floor — the tender pack will demand things the notice never mentions. “Says must” means the quoted sentence itself used obligation language; anything ambiguous is left as a mention.
Skills, tools & certifications
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- OCID
- cc7bafac-a94a-4d62-8152-c0057ab7a523
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- CO0567
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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