Award

Strategic Asset Management - Aster Group

ASTER GROUP LIMITED

This public procurement record has 1 release in its history.

Award

12 May 2026 at 10:33

Summary of the contracting process

The public procurement process conducted by ASTER GROUP LIMITED involved the tender titled "Strategic Asset Management - Aster Group," focusing on legal services classified under CPV code 79100000. The procurement was a selective process serving London, the South East, and the South West regions of the United Kingdom. Initiated as a call-off from the National Framework Partnership Legal Framework, the tender process has now moved to the 'Award' stage with Penningtons Manches Cooper LLP as the successful supplier. The contract, valued at £700,000 per year, covers the period from 1st April 2026 to 31st March 2030, with the option of extension for an additional two years. The main procurement category is services, and the contract does not particularly favour SMEs or VCSEs.

This tender presents substantial business growth opportunities for large-scale legal service providers specialising in strategic asset management. Given the significant contract value and duration, firms with a strong presence in the areas of asset management and legal consultancy would be ideally positioned to compete. The opportunity, awarding three legal service providers to deliver services amounting to approximately £350,000 per annum, encourages competition among established legal firms located within or capable of delivering services to the covered regions of the UK.

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How relevant is this notice?

Notice Title

Strategic Asset Management - Aster Group

Notice Description

The exercise sought to appoint to three legal service providers to deliver Strategic Asset Management Legal Services totaling approximately PS350k per annum (including VAT) and PS2.1m across the life of the Contract via the National Framework Partnership Legal Framework - Reference: 2022/S 000-030981. 4 years with optional 2x 1 year extensions

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c1ef3afc-b7d9-4f74-a9b0-8d89d38f47d2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5d20afae-46a1-44e0-92fb-0a2388ebdde2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£700,000 £500K-£1M
Lots Value
Not specified
Awards Value
£700,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20262 days ago
Submission Deadline
10 Dec 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 20261 months ago
Contract Period
31 Mar 2026 - 31 Mar 2030 4-5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ASTER GROUP LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DEVIZES
Postcode
SN10 2AZ
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK72 Wiltshire
Delivery Location
TLI London, TLJ South East (England), TLK South West (England)

Local Authority
Wiltshire
Electoral Ward
Urchfont & Bishops Cannings
Westminster Constituency
Melksham and Devizes

Supplier Information

Number of Suppliers
1
Supplier Name

PENNINGTONS MANCHES COOPER

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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