# Lease Management and Accounting System

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Nottinghamshire County Council](/buyers/nottinghamshire-county-council/contract-awards)
- Contract winner: Link Asset Services Limited
- Award value: £49,000
- Tender value: £80,000
- Award date: 21 January 2021
- Published: 23 February 2021
- Contract start: 12 February 2021
- Contract end: 31 March 2024
- Stage: awarded
- Procurement category: services
- Notice ID: b131911a-ca94-452e-8247-bb0f3feff35c-415139
- OCID: ocds-b5fd17-73ba1789-e63b-41d3-bdfd-58164b7457c5

## Description

Nottinghamshire County Council \(NCC\) is required to adopt the new accounting standard IFRS16, Leases, which replaces IAS 17 Leases and its related interpretations\. It will apply to the 2021/22 financial statements, with a number of disclosure requirements required showing the impact of the new standard within the 2020/21 financial statements\. Therefore, NCC require a solution to record these leases and undertake these calculations\. Our requirement is to buy a Lease Management and Accounting System that facilitates this\. NCC is moving to Cloud based solutions and therefore we are looking for a software as a service \(SAAS\) solution\. Additional information: Tender documentation available at www\.eastmidstenders\.org

## Related contract awards

- [Pension Tracing Services](/contracts/ocds-b5fd17-b4a73541-8af5-416c-bfe0-6fa86d994c1d): Nottinghamshire County Council
- [Children's Social Care Service Procedures Manuals](/contracts/ocds-b5fd17-abcab7a6-7458-4e34-8f17-99a1d4161237): Nottinghamshire County Council
- [Gartner Research Services](/contracts/ocds-b5fd17-4aed33ff-170a-4860-86b4-ce819c1a94d6): Nottinghamshire County Council
- [Agency Treasury Services](/contracts/ocds-b5fd17-2a025b5d-2f7e-4d1d-9472-618d0312f9d6): FCA
- [Treasury Management](/contracts/ocds-b5fd17-86d18798-4b7a-4aa5-80eb-534203eb9fb1): South Hams District Council
- [Treasury Management South Ham District Council and West Devon Borough Council](/contracts/ocds-b5fd17-fecbd62f-789c-4baf-b050-d87d82acab43): South Hams District Council

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/b131911a-ca94-452e-8247-bb0f3feff35c-415139)