Award

Lease Management and Accounting System

NOTTINGHAMSHIRE COUNTY COUNCIL

This public procurement record has 3 releases in its history.

Award

23 Feb 2021 at 16:41

Award Notice
Tender

08 Dec 2020 at 16:49

Tender Notice
Tender

19 Nov 2020 at 14:35

Tender Notice
Summary of the contracting process

The Nottinghamshire County Council (NCC) is undertaking a procurement process for a Lease Management and Accounting System, essential for adopting the new IFRS16 accounting standard. This open tender, classified under the category of business transaction and personal business software package, was published on 19th November 2020, with a deadline for submissions on 11th December 2020. The total value of the contract is £80,000, and the successful bidder will deliver services from 4th January 2021 until 31st March 2024, operating primarily in the East Midlands region of the United Kingdom.

This tender presents a significant opportunity for software vendors, particularly those specialising in cloud-based solutions and accounting software as a service (SAAS). Small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) are encouraged to compete, as they are deemed suitable for this procurement. The successful firm will play a crucial role in helping NCC transition efficiently to the new accounting requirements, thereby gaining valuable public sector experience and paving the way for future collaborations.

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Notice Information

Notice Title

Lease Management and Accounting System

Notice Description

Nottinghamshire County Council (NCC) is required to adopt the new accounting standard IFRS16, Leases, which replaces IAS 17 Leases and its related interpretations. It will apply to the 2021/22 financial statements, with a number of disclosure requirements required showing the impact of the new standard within the 2020/21 financial statements. Therefore, NCC require a solution to record these leases and undertake these calculations. Our requirement is to buy a Lease Management and Accounting System that facilitates this. NCC is moving to Cloud based solutions and therefore we are looking for a software as a service (SAAS) solution. Additional information: Tender documentation available at www.eastmidstenders.org

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-73ba1789-e63b-41d3-bdfd-58164b7457c5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b131911a-ca94-452e-8247-bb0f3feff35c
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48400000 - Business transaction and personal business software package

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
Not specified
Awards Value
£49,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Feb 20215 years ago
Submission Deadline
23 Dec 2020Expired
Future Notice Date
Not specified
Award Date
21 Jan 20215 years ago
Contract Period
12 Feb 2021 - 31 Mar 2024 3-4 years
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
NOTTINGHAMSHIRE COUNTY COUNCIL
Contact Name
Leah Wright
Contact Email
leah.wright@nottscc.gov.uk
Contact Phone
+44 1159773725

Buyer Location

Locality
NOTTINGHAMSHIRE
Postcode
NG2 7QP
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF16 South Nottinghamshire
Delivery Location
TLF East Midlands (England)
Local Authority
Rushcliffe
Electoral Ward
Trent Bridge
Westminster Constituency
Rushcliffe

Supplier Information

Number of Suppliers
1
Supplier Name

LINK ASSET SERVICES

Further Information

Notice Documents

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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