---
title: "Asset Management & Fixed Asset Accounting system"
ocid: "ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF MERTON"
published: "2021-04-16"
---

# Asset Management & Fixed Asset Accounting system

Buyer: LONDON BOROUGH OF MERTON  
Current stage: Award  
OCID: ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46)  
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## Summary

The London Borough of Merton is currently involved in a public procurement process for an Asset Management & Fixed Asset Accounting system to enhance financial reporting, asset valuation, estate management, and performance indicator production. The tender period for this open procedure ended on 5th February 2021, with the contract set to commence on 1st October 2021 and continue until 31st October 2028. This project falls under the 'Software package and information systems' industry category, and all deliveries will occur within England, United Kingdom. The total contract value awarded amounts to £117,620, with the contract recently awarded on 13th April 2021.

This tender presents an excellent opportunity for businesses specialising in software development, particularly those with expertise in asset management systems. Small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) may find this contract especially relevant, as the specifications call for compliance with International Financial Reporting Standards (IFRS) and the UK Local Authority Accounting Code. Businesses that can demonstrate a strong understanding of local government accounting needs and provide robust technological solutions would be well-positioned to compete in this procurement process.

## Notice

The London Borough of Merton ("the Council") is inviting tenders for a property asset management system to proactively support: i) Financial reporting and monitoring of all assets, ii) Asset valuation, iii) Estate management and iv) Production of a wide range of performance indicators. An asset register that provided an International Financial Reporting Standard's (IFRS) compliant solution for accounting for fixed assets, due to the specific requirements of local government capital accounting, the system must also be compliant with the Code of Practice on Local Authority Accounting in the United Kingdom (the Code).

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/eb07aac9-6185-4a1f-bc19-22ba56619cab |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Apr 2021 |
| Submission deadline | 5 Feb 2021 |
| Future notice date | Not specified |
| Award date | 12 Apr 2021 |
| Contract period | 30 Sep 2021 - 31 Oct 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £117,620 |
| 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 | LONDON BOROUGH OF MERTON |
| Locality | MORDEN |
| Post town | Sutton |
| Postcode | SM4 5DX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI6 Outer London - South |
| ITL 3 | TLI63 Merton, Kingston upon Thames and Sutton |
| Local authority | Merton |
| Electoral ward | Merton Park |
| Westminster constituency | Wimbledon |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CIPFA BUSINESS |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

- 48000000 - Software package and information systems
- 48800000 - Information systems and servers

## Release History

- 16 Apr 2021 at 13:00 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/eb07aac9-6185-4a1f-bc19-22ba56619cab
- 8 Jan 2021 at 10:11 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/296fc121-0f94-46f6-8177-9d27571fce66

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/eb07aac9-6185-4a1f-bc19-22ba56619cab
  16th April 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/296fc121-0f94-46f6-8177-9d27571fce66
  8th January 2021 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=fbb379e5-9851-eb11-8106-005056b64545
  Advert

## Notice URLs

- http://www.merton.gov.uk/

## 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-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-de8f5ff8-23f0-4f2e-90c4-3cef9749fd46.json.