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GB-London: PA0054 - AI Strategy

Peabody Trust

This public procurement record has 1 release in its history.

Award

06 Aug 2026 at 15:50

Award Notice
Summary of the contracting process

Peabody Trust procured software-related services to provide an artificial intelligence solution for assessing and prioritising asset risk. The requirement is intended to support the organisation’s management of asset risk by applying AI to identify and rank priorities. It falls within the broad software-related services category (CPV 72260000) and is a services procurement rather than a works or goods contract. Delivery coverage spans the United Kingdom, Europe, the Channel Islands, the Isle of Man, British Overseas Territories and the rest of the world. This is relevant to businesses providing AI strategy, risk analytics, asset management technology or software implementation services for housing and other property portfolios.

The procurement has been completed and awarded following a tender process. Peabody Trust awarded the contract to Faculty Science Limited on 14 July 2026 for £2,246,400 including the stated currency of GBP. The contract runs from 15 July 2026 to 14 July 2027. The tender submission deadline was 14 July 2026. The procurement is identified as PA0054 – AI Strategy and has a completed status. The award is active, with Faculty Science Limited recorded as the selected supplier. The opportunity was not identified as suitable for small or medium-sized enterprises or voluntary, community and social enterprises. The contract covers the AI solution for asset-risk assessment and prioritisation.

For a supplier that did not win this procurement, the award demonstrates a defined demand from Peabody Trust for AI-enabled asset-risk assessment and prioritisation. A credible future competitor would need to combine artificial intelligence expertise with practical risk analytics and asset-management capability, showing how its solution can assess large property or infrastructure portfolios and produce a useful priority ranking. Relevant strength would include designing or implementing software that converts asset data into clear operational decisions, alongside the capacity to deliver services across the buyer’s stated geographic coverage. The recorded award to a large supplier and the procurement’s exclusion of SMEs indicate that comparable future requirements may favour established providers with substantial delivery capacity, mature technology and experience handling complex organisational data.

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Notice Information

Notice Title

GB-London: PA0054 - AI Strategy

Notice Description

AI Solution to assess and prioritise asset risk

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-bffe5b2f-ab83-42c9-a8e4-6862f6c1e329
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0780dcb4-a459-4d62-8fc9-b247a7dbb4ea
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72260000 - Software-related services

Notice Value(s)

Tender Value
£2,246,400 £1M-£10M
Lots Value
Not specified
Awards Value
£2,246,400 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
6 Aug 20263 weeks ago
Submission Deadline
14 Jul 2026Expired
Future Notice Date
Not specified
Award Date
14 Jul 20261 months ago
Contract Period
15 Jul 2026 - 14 Jul 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Peabody Trust
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SE1 7JB
Postcode Area
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified
Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

Faculty Science Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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