RFP QuestBeta
Awarded · ResultStage · contract

Nottinghamshire County Council

Lease Management and Accounting System

Software & IT SystemsCPV 48000000
Value£49k
Awarded23 Dec 2020
Published23 Feb 2021
RegionEast Midlands
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£49ktotal contract value
median £91k
this tender£0£1.1m

This sits in the lower-middle of the Software & IT Systems band — a mid-scale opportunity. Based on 30,286 valued Software & IT Systems tenders in our corpus.

The brief

Nottinghamshire County Council (NCC) is required to adopt the new accounting standard IFRS16, Leases, which replaces IAS 17 Leases and its related interpretations.

It will apply to the 2021/22 financial statements, with a number of disclosure requirements required showing the impact of the new standard within the 2020/21 financial statements.

Therefore, NCC require a solution to record these leases and undertake these calculations.

Our requirement is to buy a Lease Management and Accounting System that facilitates this.

NCC is moving to Cloud based solutions and therefore we are looking for a software as a service (SAAS) solution.

Requirements

What the notice asks for

01

Nottinghamshire County Council (NCC) is required

Nottinghamshire County Council (NCC) is required to adopt the new accounting standard IFRS16, Leases, which replaces IAS 17 Leases and its related interpretations.

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.

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Source & provenance
OCID
b131911a-ca94-452e-8247-bb0f3feff35c
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
NOTTSCC001-DN508268-36106464
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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