Official UK procurement notice
IFRS 16 Lease Management Hub
Authority: Foreign, Commonwealth and Development Office (Central government)
What is being bought
Published requirement descriptionThe 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).
CPV: Real estate services
The lotProcurement structure
single lot · no lot value publishedLot #1AwardedRenewal
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Price
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 27 Mar 2024, 17:46 GMT
- Last source update
- 20 Feb 2025, 16:51 GMT
- Award evaluation window
- 24 Jun 2024 – …
- FTS notice number
2025/S 000-006423- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-044dd7Find a Tender
Publisher note: The requirement will be procured via the Foreign, Commonwealth and Development Office's e-procurement portal: https://fcdo.bravosolution.co.uk. Suppliers, not currently registered on the portal, who are interested in being considered for this opportunity must self-register on the site in order to participate — registration is free and instantaneous. Suppliers already registered on FCDO/Jaggaer will not need to re-register, but will need to complete the full suite of tender documents once issued to be considered for the opportunity. Once on the system, the opportunity can be found under project_10890; itt_6422.
How it was run
Official notice- Submission deadline
- 24 Jun 2024, 17:00 BST
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bid validity
- 90 days from the deadline
- Bids opened
- 24 Jun 2024, 17:00 BST
Timeline
13 May 2024 → 20 Feb 2025 · 5 dates- Next notice expected13 May 2024, 00:00 BST
- Submission deadline24 Jun 2024, 17:00 BST
- Bids opened24 Jun 2024, 17:00 BST
- Contract starts1 Oct 2024, 00:00 BST
- Notice published20 Feb 2025, 16:51 GMT
Notice history
5 events · 3 releases on Find a Tender · since 24 May 2024- Published value updated to £4,250,00024 May 2024, 18:01 BSTwas £4,900,000
- Status changed to active24 May 2024, 18:01 BST
- Procurement method changed24 May 2024, 18:01 BST
- Deadline published: 24 Jun 2024, 17:00 BST24 May 2024, 18:01 BST
- Status changed to complete20 Feb 2025, 16:51 GMT
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Deloitte | £1,529,668 † | — | Awarded |
Contracts
Contract 006423-2025-1 · Deloitte
- Signed
- 29 Oct 2024
- Value
- £1,529,668
- Period
- … – 30 Sept 2026
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 9bids | — | — | — |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- Deloitte LLPAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.