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UKEF Financial Reporting Changes Phases 3 and 4

Department for International Trade Published 20 Sept 2021 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£5,600,000
Statuscomplete
Category (CPV) 79000000
Deadline21 Jun 2021
Contract start3 Sept 2021
Contract end3 Sept 2024
Procedureselective
SME suitableYes
OCIDocds-b5fd17-1dec3647-7366-41ef-9cc4-5a85a899e627

Award

SupplierValueDateStatus
PricewaterhouseCoopers LLP £8,500,000 2 Sept 2021 active

description

The Secretary of State for the Department for International Trade (DIT) on behalf of The Department for UK Export Finance (UKEF) (the "Customer"), has a requirement for Financial Reporting Changes - phases 3&4.

The full specification is provided with the contract document, but in summary the requirement is for the provision of an experienced Delivery Partner with a broad range of capabilities and experience to assist with a project to ensure compliance with two financial standards IFRS 9 and IFRS 17 (collectively referred to as the Standards). The Delivery Partner will design a programme to help the Customer implement the Standards and then assist the Customer in implementing the programme (the Programme).

The contract shall be for a period of 3 years, with the contractual option(s) to extend by a further 12 months. The requirement has an estimated total value of £8.5m (ex-VAT). Total estimated Year 1 fees will be £5.6m.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
20 Sept 2021 Award (award) · 3c519a3e-76c4-4a36-9fbe-6456a6fc6ffb-469767

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