Award

CRFCA - Provision of IFRS 16 Services

COUNCIL OF RESERVE FORCES' AND CADETS' ASSOCIATIONS

This public procurement record has 1 release in its history.

Award

07 May 2026 at 12:28

UK5 - Transparency Notice
Summary of the contracting process

The Council of Reserve Forces' and Cadets' Associations (CRFCA), a sub-central government public authority, has conducted a procurement process for the provision of IFRS 16 services. This tender, categorised under financial consultancy services, is located in London, United Kingdom. The process is in the award stage, and the contract is set to span from 8th May 2026 to 1st September 2026. The procurement method employed was a direct award, targeted to address technical reasons with a single supplier, Clive Owen, due to their expertise and existing working knowledge of defence finance operations, ensuring no additional costs for establishing an understanding of CRFCA requirements.

This contract presents business growth opportunities, particularly for firms specialising in financial consultancy, with expertise in IFRS 16 implementation. Companies with prior experience working with public sector entities and those familiar with defence finance operations are well-suited to compete. The specific requirement for adeptness with the PWC modelling lease spreadsheet further narrows the field to well-qualified financial consultancies. Success in securing such contracts can significantly enhance a firm's profile and credibility in the public sector consultancy domain, building a foundation for future engagements.

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Notice Information

Notice Title

CRFCA - Provision of IFRS 16 Services

Notice Description

Provision of IFRS 16 Services Consultant required who has expertise in IFRS 16, as well as the PWC modelling lease spreadsheet to work with the CRFCA Finance (also at RFCA Finance level) and FP&A teams to implement IFRS 16 MoD DG Finance have requested IFRS 16 be implemented during the FY 26/27 and completed by Mar 27. CRFCA has over 600 leases (property and cars), so we require the technical knowledge to carry out such an implementation at speed, with a first draft of the lease report to be ready by Oct 26 to enable external audit teams to review. For more information about this opportunity, please visit the eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Financial-consultancy-services./985DP73V8B To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/985DP73V8B

Procurement Information

Clive Owen works with RFCA and has good working knowledge of the defence finance ways of working. They were able to demonstrate this through their bid submission; both in terms of quality and the price demonstrates value for money as there isn't any additional costs that would be charged for companies needing to establish an understanding of RFCA.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06935a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/041929-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£29,575 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
7 May 20261 weeks ago
Contract Period
7 May 2026 - 1 Sep 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
COUNCIL OF RESERVE FORCES' AND CADETS' ASSOCIATIONS
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2A 4EY
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Hackney
Electoral Ward
Hoxton East & Shoreditch
Westminster Constituency
Hackney South and Shoreditch

Supplier Information

Number of Suppliers
1
Supplier Name

CLIVE OWEN

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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