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The Crier

IFRS 16 Lease Management Hub

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What the buyer wrote

The adoption by FCDO of a new accounting standard (International Financial reporting Standard [IFRS] 16), now demands a level of rigour and accuracy in accounting for FCDO leases. It is proposed to centralise all lease data inputting into a hub to improve accuracy. To do this FCDO is seeking to set up an (initially) outsourced, lease management hub to process all FCDO lease events (new leases, lease extensions, rent reviews and lease terminations).

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Details

What the buyer calls it
IFRS 16 Lease Management Hub
How they are buying
Advertised, open to anyoneAny supplier could bid without being invited first.
Type
services

Who the buyer named

The buyer published a contact address on this notice.

erika.benertaite@fco.gov.uk