This public procurement record has 2 releases in its history.

Award

19 Jun 2026 at 13:18

Tender

14 Jan 2026 at 13:59

Summary of the contracting process

Cambridge City Council, a sub-central government public authority, has recently completed the procurement process for the "Strategic Asset Management Review". The process was undertaken as an open competition below the threshold and falls under the business and management consultancy services category. The awarded contract, valued at £100,000 (gross amount £120,000), was formally awarded on 19 June 2026, with fulfillment expected to end by 20 October 2026. The procurement aimed to secure specialist professional services to enhance the management of the Council's asset portfolio, supporting objectives such as community wealth building and achieving net-zero targets. Located in Cambridge, UK, the project required collaboration between the consultant and Council officers to develop a decision-making framework to evaluate and make recommendations on asset strategies.

This tender offers significant opportunities for consultancy firms, especially those specializing in asset management and sustainable development, to expand their reach by partnering with government bodies. Businesses that can provide innovative solutions in financial performance assessment, environmental impact analysis, and strategic asset management would be particularly well-suited to compete in such tenders. Engaging in such public contracts can help businesses establish a strong portfolio, demonstrate their capability in handling complex projects, and potentially lead to further public sector opportunities. The focus on sustainability and effective asset utilisation aligns with growing market trends, presenting a strategic growth avenue for consultancy services.

How relevant is this notice?

Notice Title

Strategic Asset Management Review

Notice Description

Cambridge City Council is seeking to procure specialist professional services to support a review and update of its approach to General Fund asset management. The Council owns a diverse portfolio of commercial, community and operational assets which play a critical role in service delivery, income generation and the achievement of wider objectives including net zero, community wealth building and placemaking. The Council requires support to ensure that future decisions about investment, retention, upgrade or disposal of these assets are informed by a robust, transparent and evidence-based framework. The requirement is for a consultant team to work with Council officers to collect, consolidate and, where necessary, estimate information relating to asset condition, compliance, financial performance, environmental impact and socio-economic value. This information will be used to develop a multi-criteria decision-making framework and associated tools, enabling consistent strategic assessment of the General Fund portfolio. The commission will also include making preliminary, non-binding recommendations on asset strategy; advising on corporate landlord approaches, reduced or peppercorn rents, and biodiversity net gain; and updating the Council's Strategic Asset Management Plan. The Council is seeking outputs that are proportionate, legally robust, and capable of being maintained and updated by officers over time.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0605b5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/058129-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK6 - Contract Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£100,000 £100K-£500K
Lots Value
£100,000 £100K-£500K
Awards Value
£100,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20265 days ago
Submission Deadline
9 Feb 2026Expired
Future Notice Date
Not specified
Award Date
17 Mar 20263 months ago
Contract Period
18 Jun 2026 - 20 Oct 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
CAMBRIDGE 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
CAMBRIDGE
Postcode
CB2 1BY
Post Town
Cambridge
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLH12 Cambridgeshire CC

Local Authority
Cambridge
Electoral Ward
Market
Westminster Constituency
Cambridge

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS (UK

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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