Expired contract

Financial Reporting Changes Programme - General Ledger/ERP, IFRS17 Calculation E

Details

Supplier(s)
KPMG LLP
Value
£500,000
Duration
2 years
Topic
Financial consultancy services
Published
4 October 2023

Tender description

UK Export Finance (UKEF) (the Customer) is seeking an experienced consultancy with a broad range of capabilities and experience to assist with a programme to ensure compliance with two financial standards IFRS 9 and IFRS 17

Timeline

  1. Completed: Award date8 September 2023
  2. Completed: Award published4 October 2023
    Current notice
  3. Completed: Contract expiry date7 September 2025

About the buyer

UK Export Finance is the UK's export credit agency, and buys as a central government department with its own dedicated commercial function. Most of UK Export Finance's sourcing runs through Crown Commercial Service frameworks each year. The Commercial Function manages this buying on the department's behalf. A dedicated SME action plan and a Small and Medium Business Hub support smaller suppliers bidding for contracts.

An annual commercial pipeline gives suppliers an 18-month forward look at larger upcoming opportunities.

Over the past 5 years, most of UK Export Finance's contract awards have been in business services, IT services and financial and insurance services.

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