Award

Asset Management Strategy

PORTSMOUTH CITY COUNCIL

This public procurement record has 1 release in its history.

Award

16 Dec 2025 at 11:39

Summary of the contracting process

Portsmouth City Council has concluded the procurement process for its "Asset Management Strategy" project, which focuses on the review and development of asset management procedures for Housing Revenue Account services. The tender in question falls under the category of management-related services and is located in Portsmouth, United Kingdom. The procurement was conducted under the legal basis UKPGA 2023/54. As of the award date, 16 December 2025, the process reached the contract stage, with Ridge and Partners LLP emerging as the successful supplier. The awarded contract, signed on 11 April 2025, is valued at £64,418 and covers the period from 1 May 2025 to 1 November 2025. Given its completion status, no further deadlines are applicable.

This tender offers substantial business growth opportunities for firms specialising in asset management, particularly those with expertise in regulatory compliance and strategic development within sub-central government frameworks. Companies proficient in data analysis, NPV modelling, and financial/social performance metrics are well-suited to leverage this contract to enhance their service portfolios. Ridge and Partners LLP, as a large-scale enterprise, exemplifies the type of well-equipped supplier capable of meeting the procurement demands effectively. Businesses with capacities to engage tenants, prioritise capital investments, and provide robust decision-making protocols will find similar opportunities advantageous in expanding their operations within the public authority domain.

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Notice Title

Asset Management Strategy

Notice Description

Review and development of a new Asset Management Strategy for the HRA. Strategy will include review of structure of service, regulatory compliance, identification of immediate priorities for capital investment and tenant engagement. Analysis of data, financial and social performance metrics. NPV modelling and development of decision-making protocols and strategic objectives

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05f688
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/083270-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
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

79420000 - Management-related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£64,418 Under £100K

Notice Dates

Publication Date
16 Dec 20252 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Apr 202510 months ago
Contract Period
30 Apr 2025 - 1 Nov 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
PORTSMOUTH CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
PORTSMOUTH
Postcode
PO1 2AL
Post Town
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)
TLJ31 Portsmouth
Delivery Location
Not specified

Local Authority
Portsmouth
Electoral Ward
Charles Dickens
Westminster Constituency
Portsmouth South

Supplier Information

Number of Suppliers
1
Supplier Name

RIDGE AND PARTNERS

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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