Lease Accounting System
Details
- Buyer
- Essex County Council
- Supplier(s)
- IRIS Software Limited
- Value
- £95,377.84
- Duration
- 2 years
- Topic
- Accounting system
- Published
- 31 October 2024
- Source
- uk:contracts_finder
Tender description
A software system that has the functionality to hold details of the Council's leasing arrangements where the Council is either lessee or lessor. The system will need to calculate the year end lease accounting entries (journals) such as recognition of lease liabilities and Right Of Use remeasurement of lease liabilities, write down of lease liabilities. The system will need to be compliant with the requirements of the International Financial Reporting Standard 16 (IFRS16) for local authorities. Awarded via G-Cloud 13.
Timeline
- Completed: Award published31 October 2024Current notice
- Completed: Award date1 November 2024
- Completed: Contract expiry date31 October 2026
About the buyer
Essex County Council is a local authority that procures through three in-house teams, Corporate, Place and People. The Place team commissions highways, waste, energy and transport work, including a dedicated Dynamic Purchasing System for bidders. Construction projects separately run through the Essex Construction Framework, a route for regional contractors. The People team commissions education, social care, adult support and public health services across the county.
Over the past 5 years, most of Essex County Council's contract awards have been in IT services, construction work and business services.
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@essex-county-council.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@essex-county-council.gov |
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