--- title: "IFRS-16 Management Software Solution" ocid: "ocds-r6ebe6-0000710073" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000710073" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000710073.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000710073.json" source: "Public Contracts Scotland" current_stage: "Award" buyer: "ARGYLL AND BUTE COUNCIL" published: "2023-02-01" --- # IFRS-16 Management Software Solution Buyer: ARGYLL AND BUTE COUNCIL Current stage: Award OCID: ocds-r6ebe6-0000710073 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000710073) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000710073.json) ## Summary The Argyll and Bute Council has completed the procurement process for the IFRS-16 Management Software Solution. The council required a software solution to handle leasing information in compliance with IFRS 16 regulations. The procurement was for goods, with the main procurement category being IFRS software. The buying organisation is based in Lochgilphead, UKM, with a specified postal code. The tender process involved awarding the contract to "Link Treasury Services" for a value of 95,000 GBP, signed on 17th January 2023. This tender provides an opportunity for businesses involved in providing IFRS software solutions to compete and potentially win contracts. Companies that specialise in software development, particularly related to financial regulations such as IFRS, would be well-suited to participate in this tender. The procurement process was an open procedure, offering fair competition to various types of businesses, including SMEs. The deadline for the tender submission was on 28th October 2022, and the award announcement was scheduled for 31st October 2022. ## Notice Argyll and Bute Council (ABC) requires a software solution to allow for the recording and disclosure of leasing information in compliance with IFRS 16 regulations. ### Lot Information Lot 1 Argyll and Bute Council (ABC) requires a software solution to allow for the recording and disclosure of leasing information in compliance with IFRS 16 regulations. Under the regulations ABC is required to hold suitable records relating to leasing contracts to a sufficient and consistent level of detail as meets the stipulated reporting requirements. The provider of the solution must enable ABC to both meet the current requirements, and also make a commitment to ensure that the solution remains compliant with the relevant regulations as they evolve in the future. Renewal: The Contract may be extended for up to 1 + 1 years at the option of Argyll and Bute Council, subject to satisfactory performance of the contract. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB470030 | | Notice type | PCS Notice - Website Contract Award Notice | | Procurement type | Standard | | Procurement category | Goods | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | SME | | All stages | Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 1 Feb 2023 | | Submission deadline | 28 Oct 2022 | | Future notice date | Not specified | | Award date | 17 Jan 2023 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | £95,000 | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | ARGYLL AND BUTE COUNCIL | | Locality | LOCHGILPHEAD | | Post town | Paisley | | Postcode | PA31 8RT | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM2 Highlands and Islands | | ITL 3 | TLM20 Highlands and Islands | | Local authority | Argyll and Bute | | Electoral ward | Mid Argyll | | Westminster constituency | Argyll, Bute and South Lochaber | | Delivery location | TLM Scotland | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | LINK TREASURY SERVICES | ## CPV Codes ### Divisions - 48 - Software package and information systems - 66 - Financial and insurance services ### Codes - 48000000 - Software package and information systems - 66114000 - Financial leasing services ## Release History - 1 Feb 2023 at 00:00 - Award - PCS Notice - Website Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB470030 - 13 Oct 2022 at 00:00 - Tender - PCS Notice - Website Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT461567 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT461567&idx=5 17th October 2022 - Copy of FORM D - EQUIVALENT PRODUCTS or STANDARDS. - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT461567&idx=1 13th October 2022 - ITT - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT461567&idx=2 13th October 2022 - Quality Response - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT461567&idx=3 13th October 2022 - Price Response - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=OCT461567&idx=4 13th October 2022 - ICT Requirements - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=OCT461567 IFRS-16 Management Software Solution - Argyll and Bute Council (ABC) requires a software solution to allow for the recording and disclosure of leasing information in compliance with IFRS 16 regulations. - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB470030 IFRS-16 Management Software Solution - Argyll and Bute Council (ABC) requires a software solution to allow for the recording and disclosure of leasing information in compliance with IFRS 16 regulations. ## Notice URLs - http:// - http://www.argyll-bute.gov.uk - http://www.publiccontractsscotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000710073 - https://www.publiccontractsscotland.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-r6ebe6-0000710073. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000710073.json.