IFRS16 Transition Review

Sheffield City Council
Yorkshire and the Humber
Direct award
16 December 2024 to 31 March 2025

The project involves a technical review and re-measurement of eight specific service concession arrangements to ensure compliance with IFRS 16 accounting standards. This is a one-off professional advisory engagement focused on financial reporting and regulatory transition requirements.

Open the official notice

Awarded value: £48k; As published
Published: 18 December 2024
Awarded: 11 December 2024; Link Treasury Services
Contract length: 3 months; Ends 31 March 2025

What the contract covers

Services contract

Provision of specialist financial consultancy services to support local authorities with IFRS 16 accounting standards and service concession arrangements.

Terms and requirements

Contract type: Services contract
Procedure: Direct award
Initial term: 3 months
Contract dates: 16 December 2024 to 31 March 2025
Certifications asked for: None stated
Suitable for SMEs: Yes
Category: Services
CPV codes: 66000000

Services in this contract

Technical accounting and financial reporting supportMain service£77k typicalIFRS 16 remeasurement review of service concession arrangements

Lifecycle

Published
18 December 2024
Contract awardedto Link Treasury Services
11 December 2024
Contract starts
16 December 2024
Contract ends
31 March 2025

The buyer

Sheffield City Council

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The supplier

Link Treasury Services

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Cite this contract

Link: https://bidskim.com/tender/142647/ifrs16-transition-review
Buyer reference: 20241218113639-104130
Open contracting ID: ocds-b5fd17-7274fe87-39bc-48a8-9349-5e2b53d546d3
Last checked: 5 November 2026

Sheffield City Council. IFRS16 Transition Review. Contract award, 18 December 2024. BidSkim, https://bidskim.com/tender/142647/ifrs16-transition-review (accessed 5 November 2026).