---
title: "UKEF Financial Reporting Changes"
ocid: "ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR INTERNATIONAL TRADE"
published: "2019-02-15"
---

# UKEF Financial Reporting Changes

Buyer: DEPARTMENT FOR INTERNATIONAL TRADE  
Current stage: Award  
OCID: ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057

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## Summary

The procurement process for the contract titled "UKEF Financial Reporting Changes" was initiated by the Department for International Trade on behalf of the UK Export Finance (UKEF). This process falls under the financial consultancy services category and is based in London, United Kingdom. The procurement method used was selective, operating via a call-off from the CCS Management Consultancy 2 Framework Agreement. The contract was awarded to KPMG LLP on 29th November 2018, with the contract period starting on 4th February 2019 and concluding on 28th April 2019.

This tender presents significant opportunities for businesses specialising in financial consultancy services, particularly those that are capable of conducting impact assessments related to IFRS 9 and IFRS 17 changes. Small and medium-sized enterprises (SMEs) may find this contract particularly suited to their capabilities, as they can offer competitive time and materials-based pricing structures, which align with the procurement type. Engaging in this contract could enable businesses to expand their service offerings and establish long-term relationships with government contracting authorities.

## Notice

The Department for International Trade have let this contract on behalf of the Exports Credit Guarantee Department, trading as UK Export Finance (UKEF). This is the contract awards notice for the UKEF Financial Reporting Changes Contract. This Contract was awarded via the CCS Management Consultancy 2 Framework Agreement. The awarded value is capped and will be charged on a time and materials basis against the Supplier's rate card. The services required under this Contract are for the Supplier to provide an initial impact assessment on financial reporting changes, IFRS 9 and IFRS 17.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7014b3e9-e413-46a8-a474-0b3c759f108c |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Not specified |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Feb 2019 |
| Submission deadline | 29 Nov 2018 |
| Future notice date | Not specified |
| Award date | 29 Nov 2018 |
| Contract period | 4 Feb 2019 - 28 Apr 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR INTERNATIONAL TRADE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AW |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | KPMG |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 15 Feb 2019 at 16:25 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/7014b3e9-e413-46a8-a474-0b3c759f108c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/7014b3e9-e413-46a8-a474-0b3c759f108c
  15th February 2019 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-aed0ef1e-dfae-4927-95ac-a2e827c32057.json.