Supply of IFRS16-Compliant Lease Accounting System to Essex County Council
ESSEX COUNTY COUNCIL · Awarded contract
AwardedSupply of IFRS16-Compliant Lease Accounting System to Essex County Council
Awarded 01 Nov 2024
Awarded01 Nov 2024
Value£95,377.84
SupplierIRIS Software Limited
AgencyESSEX COUNTY COUNCIL
RegionEast of England
CategoryIT & Software
Ended 7d ago1y 12mo term
Awarded 1 Nov 2024Expired 31 Oct 2026
About
Essex County Council awarded a contract to IRIS Software Limited for a software system to manage the Council's leasing arrangements as lessee or lessor.
The system calculates year-end lease accounting entries, including recognition of lease liabilities, Right Of Use remeasurement, and write-down of lease liabilities, and is compliant with International Financial Reporting Standard 16 (IFRS16) for local authorities.
The contract, valued at £95,377.84, was awarded via G-Cloud 13.
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Supply of IFRS16-Compliant Lease Accounting System to Essex County Council
Won by IRIS Software Limited · ESSEX COUNTY COUNCIL
£95Kawarded
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Integrated Property Licensing Service for Selective and Additional LicensingPublic Services & Welfare · Closes 4 Dec 2026
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