IFRS 16 Lease Management Hub
key details
| Value | £4,250,000 |
|---|---|
| Status | complete |
| Category (CPV) | 70000000 |
| Deadline | 24 Jun 2024 |
| Procedure | open |
| OCID | ocds-h6vhtk-044dd7 |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| Deloitte LLP | · | · | active |
description
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).
notice history
3 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 27 Mar 2024 | Prior information notice (F01) | Earlier regulations | 010144-2024 |
| 24 May 2024 | Contract notice (F02) | Earlier regulations | 016542-2024 |
| 20 Feb 2025 | Contract award notice (F03) | Earlier regulations | 006423-2025 |
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source
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