Expired contract

IFRS 16 Modelling for PFI contracts

Details

Value
£60,000
Duration
1 year
Topic
Accounting services
Published
13 August 2024

Tender description

Contract to ensure that West Northants Statement of accounts (specifically PFI contracts) were compliant with the new IFRS 16 regulations. Chosen supplier has worked closely with WNC on the PFI contracts for several years and would not be value for money if approached any other supplier. This is a specialist area of accounting and there are few suppliers that could deliver the service in the time required.

Timeline

  1. Completed: Award date1 April 2024
  2. Completed: Award published13 August 2024
    Current notice
  3. Completed: Contract expiry date31 March 2025

About the buyer

West Northamptonshire Council is a local authority formed in April 2021 from its predecessor councils, and buys through its own Procurement Team. Larger tenders run on the In-Tend portal, where suppliers access documents and submit bids. Advertised opportunities also appear on Find a Tender, with Contracts Finder used for lower values. A Commercial Pipeline lists potential tendering opportunities for the next 18 months. Certain goods, services and works are bought through frameworks from the Crown Commercial Service, ESPO, NEPO and YPO. The council also hosts a Security Services framework that Northamptonshire local authorities, schools and public bodies can use.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of West Northamptonshire Council's contract awards have been in transport services, construction work and architectural and engineering services.

Relevant CPV codes

  • 79211000 · Accounting services

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Decision makers

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