Award

Provision of IFRS 16 Training Events

HM TREASURY : HM TREASURY

This public procurement record has 1 release in its history.

Award

11 Dec 2019 at 17:23

Award Notice
Summary of the contracting process

HM Treasury has recently completed a procurement process for the provision of IFRS 16 training events. The successful supplier, Price Waterhouse Coopers LLP, was awarded the contract, which is valued at £20,000. This service falls under the education and training services category, specifically aimed at ensuring the effective implementation of IFRS 16 lease provisions in the public sector. The procurement method used was a direct approach through a single tender action, and the contract period commenced on 13 November 2019, lasting until 31 January 2020. The locations for the training events include Wales and Northern Ireland, with the tender process being finalised on 5 November 2019.

This opportunity represents a significant avenue for business growth, particularly for established training organisations and consultancy firms adept in public sector financial regulations. Companies with a strong background in delivering training or advisory services related to financial compliance and accounting standards would be particularly well-suited to engage with similar future tenders. As both public sector entities and private firms seek to navigate and implement complex regulations like IFRS 16, demand for expertise in delivering tailored educational events will continue to grow.

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Notice Information

Notice Title

Provision of IFRS 16 Training Events

Notice Description

This opportunity has been awarded and is published for Transparency purposes. HM Treasury has a requirement for a Supplier to organise and co-facilitate two training events, to ensure the provisions of the IFRS 16 Lease are implemented successfully in the public sector.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-009ae4ea-35dd-43a7-a3f7-2700fe4c2c8f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/44547427-a2ec-444e-98b5-6bf72de9b729
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£20,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20196 years ago
Submission Deadline
5 Nov 2019Expired
Future Notice Date
Not specified
Award Date
11 Nov 20196 years ago
Contract Period
13 Nov 2019 - 31 Jan 2020 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HM TREASURY : HM TREASURY
Contact Name
Crown Commercial Service on behalf of HM Treasury : HM Treasury
Contact Email
supplier@crowncommercial.gov.uk
Contact Phone
0345 410 2222

Buyer Location

Locality
LIVERPOOL
Postcode
L3 9PP
Post Town
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLL Wales, TLN Northern Ireland
Local Authority
Liverpool
Electoral Ward
City Centre North
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

PRICE WATERHOUSE COOPERS

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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