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Awarded United Kingdom Services

IFRS 16 Lease Management Hub

Buyer: Foreign, Commonwealth and Development Office

Published
20 February 2025
Estimated value
£1,529,668
Place of performance
UK
Procedure
Open procedure
Lots
1
Notice number
006423-2025
Reference
ocds-h6vhtk-044dd7
Official source
Official source

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).

Awards

Awarded toAmountDate
Deloitte LLP — —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £1,529,668.
Who is the buyer of this tender?
The contracting authority is Foreign, Commonwealth and Development Office (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.