Award

Asset disposal strategy and policy

PORTSMOUTH CITY COUNCIL

This public procurement record has 1 release in its history.

Award

01 Apr 2026 at 17:21

Summary of the contracting process

The procurement process, initiated by Portsmouth City Council, focused on consultancy services for an asset disposal strategy and policy report. This aimed to align with the Asset Management Policy, considering alternative disposal routes and specific needs for the housing revenue account and general fund. The procurement fell under the category of services within the financial consultancy sector, and was completed as of 1st April 2026. The contract was awarded to RIDGE AND PARTNERS LLP, based in Woodstock, with the consultancy service valued at £30,000. The contract started on 30th March 2026 and is set to conclude by the end of 2027, taking place in the UKJ31 region.

This tender presents significant growth opportunities for businesses with expertise in financial consultancy. The focus on developing strategic asset management and disposal methods can be highly beneficial for consultancies specialising in financial transaction processing and clearing-house services. Companies with experience in advising on strategies that consider housing revenue accounts and general fund management would be particularly well-suited for similar contracts. SMEs in the consultancy sector should look out for future opportunities where local government initiatives require specialised skills and knowledge in financial consultancy.

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Notice Title

Asset disposal strategy and policy

Notice Description

Consultancy services to produce an asset disposal strategy and policy report to align with the Asset Management Policy and considers alternative delivery disposal routes for development schemes and specific considerations for the housing revenue account and general fund.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067b49
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030624-2026
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66170000 - Financial consultancy, financial transaction processing and clearing-house services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
1 Apr 20262 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
29 Mar 20265 days ago
Contract Period
29 Mar 2026 - 31 Dec 2027 1-2 years
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)

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