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Asset Optimisation Consultancy for Corporate Portfolio

The Mayor and Commonalty and Citizens of the City of London

This public procurement record has 1 release in its history.

Award

31 Jul 2026 at 15:51

UK7 - Contract Details Notice
Summary of the contracting process

The City of London Corporation commissioned asset optimisation consultancy for its corporate property portfolio. The requirement covers portfolio management services intended to support the review and optimisation of the Corporation’s property assets. The buyer is The Mayor and Commonalty and Citizens of the City of London, with the work relating to its corporate portfolio in the City of London. This is a professional services opportunity for organisations advising public-sector property owners on how assets can be managed, assessed and optimised. The scope is focused on consultancy rather than construction, property maintenance or the direct supply of goods. It is relevant to property, estates, asset management and portfolio consultancy businesses with experience of corporate property portfolios and public authority clients.

The procurement is complete and has been awarded following a below-threshold limited competition. It was a single-lot requirement. Arcadis Consulting (UK) Limited was selected, with an active award and an active contract. The contract was signed on 9 June 2026, runs from 10 June 2026 to 31 August 2026, and has a gross value of £47,944.80. The award concerns portfolio management services. The process used a limited procurement method rather than an open competition, so suppliers were invited to participate selectively. The published outcome shows the buyer appointed one supplier for the complete requirement. Businesses assessing comparable future work should note the short consultancy period, modest contract value and focused corporate portfolio scope.

This award demonstrates demand from the City of London Corporation for specialist advice on optimising a public authority’s corporate property portfolio. A credible competitor for similar work would need demonstrable capability in property asset strategy, portfolio analysis, asset performance improvement and practical recommendations for managing corporate estates. Experience translating analysis into actions for a public-sector property owner would be particularly relevant, as would the ability to deliver focused consultancy within a short engagement. The appointed supplier is a large consultancy, indicating that established professional services firms with sufficient specialist resource can compete for this type of requirement. Property advisers, estates consultants and portfolio management specialists should monitor this buyer’s future requirements and be prepared to evidence relevant corporate portfolio experience.

How relevant is this notice?

Notice Information

Notice Title

Asset Optimisation Consultancy for Corporate Portfolio

Notice Description

Asset Optimisation Consultancy services in relation to CoLC Corporate Portfolio

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d92b
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/072855-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66140000 - Portfolio management services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£47,944 Under £100K

Notice Dates

Publication Date
31 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
10 Jun 2026 - 31 Aug 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Mayor and Commonalty and Citizens of the City of London
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
CITY OF LONDON
Postcode
EC2P 2EJ
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

Arcadis LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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