Annual subscription to CTCP databases

This tender concerns the annual subscription to specialized databases for the Technical Council of Public Accounting (Consejo Técnico de la Contaduría Pública - CTCP). The Ministry of Commerce, Industry, and Tourism (Ministerio de Comercio Industria y Turismo - MINCIT) is seeking to procure this service. The subscription will grant access to essential resources for accounting professionals and regulatory bodies. Key databases included in the scope are those related to International Financial Reporting Standards (IFRS), the International Accounting Standards Committee (IASC), the Financial Accounting Standards Board (FASB), and the American Institute of Certified Public Accountants (AICPA) Not-for-Profit resources. Additionally, the subscription will cover access to PwC's INFORM database. This service is crucial for the CTCP to maintain up-to-date knowledge and provide accurate guidance on accounting practices, ensuring compliance with national and international standards. The contract is classified as a purchase agreement and falls under the minimum amount modality, indicating a streamlined procurement process. The procurement reference is MC 014 of 2020, and the contract is expected to be completed within a duration of 10 days. The service is to be delivered in Bogotá, Distrito Capital de Bogotá.

This is a supplies contract in the information and communication technology, finance and banking and audit and accounting sectors, with a focus on Data Analytics, Financial Regulation and Accounting. Located in Colombia, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of COP 46.5 million.

Published through SECOP II Colombia, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for the supply of goods in the information and communication technology sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. This contract has already been awarded. The information is published for transparency and market intelligence purposes.