UKEF Financial Reporting Changes Phases 3 and 4

A Contract Award Notice
by DEPARTMENT FOR INTERNATIONAL TRADE

Source
Contracts Finder
Type
Contract (Services)
Duration
3 year
Value
£6M
Sector
BUSINESS
Published
20 Sep 2021
Delivery
03 Sep 2021 to 03 Sep 2024
Deadline
21 Jun 2021 10:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

Description

The Secretary of State for the Department for International Trade (DIT) on behalf of The Department for UK Export Finance (UKEF) (the "Customer"), has a requirement for Financial Reporting Changes - phases 3&4. The full specification is provided with the contract document, but in summary the requirement is for the provision of an experienced Delivery Partner with a broad range of capabilities and experience to assist with a project to ensure compliance with two financial standards IFRS 9 and IFRS 17 (collectively referred to as the Standards). The Delivery Partner will design a programme to help the Customer implement the Standards and then assist the Customer in implementing the programme (the Programme). The contract shall be for a period of 3 years, with the contractual option(s) to extend by a further 12 months. The requirement has an estimated total value of £8.5m (ex-VAT). Total estimated Year 1 fees will be £5.6m.

Award Detail

1 Pricewaterhousecoopers (London)
  • Value: £8,500,000

CPV Codes

  • 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Indicators

  • Contract is suitable for SMEs.

Other Information

n/a MCF2 Call Off Order Form UKEF Financial Reporting Changes Phases 3 and 4 FINAL REDACTED.pdf n/a UKEF FRC 3&4 Consultancy Value Statement.docx

Reference

Domains