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Purchase of Lease Accounting System for British Council Operation

British Council

This public procurement record has 2 releases in its history.

Award

02 Sep 2026 at 23:56

UK6 - Contract Award Notice
Tender

15 May 2026 at 09:59

UK4 - Tender Notice
Summary of the contracting process

The British Council procured a lease accounting system or software solution to meet updated regulatory requirements for charity organisations. The requirement covers lease analysis, accounting and reporting, system integration and implementation, together with related IT consulting, software development, internet and support services. It is a specialist financial and compliance technology service rather than a general software supply contract. The work is for the British Council’s operations, with the buyer based in London. The selected solution is classified under compliance software development and network management software services, indicating that suppliers need to provide an operational system supported by implementation and technical services. The procurement was structured as one requirement, covering the complete lease accounting solution and associated delivery activities.

The procurement has been awarded following an open competitive flexible procedure. Five bids reached the final stage, and FinQuery LLC was selected. The tender’s estimated value was £530,000 excluding VAT, or £636,000 including VAT. The award value was £76,237 excluding VAT, or £91,484 including VAT. The award was made on 18 August 2026. The awarded contract period runs from 30 September 2026 to 29 September 2029, with a possible extension to 29 September 2031, subject to excellent service delivery. The original tender allowed electronic submissions in English. Evaluation weighted technical quality at 60%, covering social value, lease analysis, accounting and reporting, system integration and implementation; the commercial proposal accounted for 40%.

This procurement demonstrates demand for specialist lease accounting technology within a large international public-sector and charitable organisation. Suppliers competing for a future requirement would need a credible, compliant system for lease analysis, accounting and reporting, supported by reliable implementation and integration with existing systems. Relevant capability includes financial software development, regulatory compliance, data and reporting functions, technical consultancy, user support and software maintenance. Experience delivering lease accounting solutions for charities or other organisations subject to updated reporting requirements would strengthen a supplier’s position. The evaluation also shows that technical quality carries greater weight than price, so suppliers would need to evidence solution performance, implementation quality, integration expertise and social value alongside a competitive commercial offer.

How relevant is this notice?

Notice Information

Notice Title

Purchase of Lease Accounting System for British Council Operation

Notice Description

The British Council is seeking the service of reputable organisation to provide a lease accounting system or solution in order to meet newly updated regulatory requirement on lease accounting for charity organisations such as the British Council.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0699b6
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/083249-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

72212170 - Compliance software development services

72511000 - Network management software services

Notice Value(s)

Tender Value
£530,000 £500K-£1M
Lots Value
£530,000 £500K-£1M
Awards Value
£76,237 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Sep 20261 months ago
Submission Deadline
9 Jun 2026Expired
Future Notice Date
Not specified
Award Date
18 Aug 20261 months ago
Contract Period
30 Sep 2026 - 30 Sep 2029 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
British Council
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
E20 1JQ
Postcode Area
East 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
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

FinQuery LLC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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