Expired contract

Lease Management and Accounting System

Details

Value
£80,000
Duration
4 years
Topic
Business transaction and personal business software package
Published
21 January 2021

Tender description

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.

Timeline

  1. Completed: Award date1 January 2021
  2. Completed: Award published21 January 2021
    Current notice
  3. Completed: Contract expiry date31 May 2025

About the buyer

Nottinghamshire County Council is a local authority whose procurement runs through a single, award-winning centralised team. The procurement team is organised into categories that mirror the council's own service areas, spanning adult social care, children's and cultural services, the chief executive's office and place-based services.

A procurement pipeline lists contracts due for re-tender and new projects over the next two years, and is refreshed annually.

Over the past 5 years, most of Nottinghamshire County Council's contract awards have been in health and social work, transport equipment and architectural and engineering services.

Relevant CPV codes

  • 48400000 · Business transaction and personal business software package

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Decision makers

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