Fixed Asset Management System
the Education Authority · Northern Ireland
Key facts
- Estimated value
- £750,000
- Engagement closes
- 17 Jul 2026
- Contract ends
- 31 Mar 2032
- Buyer type
- Education
- Source
- Find a Tender
Description
***This is not a tender exercise*** The Education Authority Northern Ireland (EANI) would like to invite participation in a Preliminary Market Engagement (PME) exercise to seek the views of the market for the provision of a Finance Fixed Asset Register. The Education Authority (EA) currently operates a legacy Fixed Asset Register (FAR) system which supports statutory fixed asset accounting, audit assurance, and financial reporting. The FAR is a core financial system and is subject to audit, year end, and assurance controls. The system is hosted on site and holds approximately 35,000 asset records, covering land and buildings, transport assets, and ICT equipment. It performs critical accounting functions including depreciation, indexation, revaluation movements, and revaluation deficits that feed directly into EA’s Income and Expenditure Account and statutory financial statements.
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