Tender Details

Country: Canada
Summary: Asset Retirement Obligation Standard - Implementation
CAT Ref No: 90451176
Deadline: 26 Oct 2023
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: TPR2023322
Purchaser's Detail:
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Description:
Scope of Work: The scope of work and Deliverables to be provided by the successful Proponent include but are not limited to the following: Framework: • Develop an implementation strategy for the adoption and integration of the new accounting standard. • Develop policy and procedures for the adoption of the new ARO accounting standard.• Develop a method and process to update the calculations for subsequent years. Identification & Reconciliation: • Reconcile the multiple tangible capital asset listings for the purpose of establishing one tangible capital listing.• Identify any applicable regulations and / or legal requirements.• Identify assets that are within the scope of the new standard. Recognition & Measurement: • Recommend the transition method for adoption of the standard.• Form assumptions to be applied to measurement of the retirement obligation including whether a discount rate will be used.• Calculate asset retirement obligation costs for in-scope assets, including separation of legally required costs from other optional costs. Reporting & Presentation: • Assist the Town with incorporating the required reporting into December 31, 2023 financial statements, including restatement of 2022 comparative figures• Recommend roles and responsibilities for subsequent measurement and reporting.
Documents:

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Asset Retirement Obligation Standard - Implementation - Canada Tender

The PEACE RIVER, a Government sector organization in Canada, has announced a new tender for Asset Retirement Obligation Standard - Implementation. This tender is published on CanadaTenders under CAT Ref No: 90451176 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2023-10-26.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.