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Asset Investment Planning Software Renewal

PORTSMOUTH WATER LIMITED

This public procurement record has 2 releases in its history.

Award

11 Dec 2025 at 11:31

UK6 - Contract Award Notice
Award

11 Dec 2025 at 11:13

UK5 - Transparency Notice
Summary of the contracting process

Portsmouth Water Limited, a private utility company based in Havant, United Kingdom, is engaged in a public procurement process for the renewal of its Asset Investment Planning Software. The procurement falls under the industry category of system and support services and aims to extend their existing systems to continue efficient planning and delivery of regulated investments. The procurement has been completed with a direct award made on 11 December 2025, with a contract starting on 1 April 2026 and ending on 31 March 2030. The procurement method was a direct award due to the need for compatibility and continuity with the existing software provided by IFS Canada, Inc., located in Ontario, Canada. This procurement involves a gross value of £657,600 and was necessitated by the utility-specific needs of Portsmouth Water.

This procurement presents substantial opportunities for businesses specialising in utility management and system support to provide ancillary services or products complementing the core software. Firms with expertise in industry-specific software, particularly in investment management and system maintenance, will find this contract valuable as it indicates a strong demand for integrated system solutions. Small and medium-sized enterprises (SMEs) with innovative offerings related to these areas might explore partnerships or subcontracting opportunities with larger firms like IFS Canada to gain access to future projects and grow their portfolio within the utility sector.

How relevant is this notice?

Notice Information

Notice Title

Asset Investment Planning Software Renewal

Notice Description

Portsmouth Water has an ongoing need for Asset Investment Planning software to plan, prioritise and deliver our regulated investment. This notice is for the renewal of our existing software.

Procurement Information

Additional or repeat goods, services or works - extension For the reasons detailed above, Portsmouth Water intends to renew its incumbent Asset Investment Software on the following basis: The public contract concerns the supply of goods, services or works by the existing supplier, which are intended as an extension to existing goods, services or works in circumstances where a) a change in supplier would result in the contracting authority receiving goods, services or works that are different from or incompatible with the existing goods services or works; and b) the difference or incompatibility would result in disproportionate technical difficulties in operation or maintenance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f380
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/081866-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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

CPV Codes

48100000 - Industry specific software package

48411000 - Investment management software package

72250000 - System and support services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£657,600 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20258 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Dec 20258 months ago
Contract Period
1 Apr 2026 - 31 Mar 2030 4-5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
PORTSMOUTH WATER 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
HAVANT
Postcode
PO9 1LG
Postcode Area
Portsmouth
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ35 South Hampshire
Delivery Location
Not specified
Local Authority
Havant
Electoral Ward
Havant St Faith's
Westminster Constituency
Havant

Supplier Information

Number of Suppliers
1
Supplier Name

IFS CANADA, INC.

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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