---
title: "Asset Inventory"
ocid: "ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "O F W A T"
published: "2026-02-24"
---

# Asset Inventory

Buyer: O F W A T  
Current stage: Award  
OCID: ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d

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## Summary

This public procurement process, managed by O F W A T, centres on the enhancement of asset health understanding within the water sector from 2025 to 2030, specifically focusing on the period between 2025 and 2027. The procurement, entitled "Asset Inventory," falls under the industry category of Environmental Engineering Consultancy Services. It involves a framework agreement call-off using a selective procurement method. Key stages have already concluded, with the tender status marked as complete and the award being announced on 31st October 2025. The contract runs from 24th November 2025 to 20th April 2026. The work is scheduled to take place across multiple UK regions, including England, Scotland, and various subdivisions within these. The contract value is £62,130 GBP.

This tender represents significant opportunities for growing businesses, particularly those specialising in environmental consultancy services with a focus on asset health and management. The project scope requires expertise that can collect and analyse data on asset conditions, making it particularly suitable for SMEs due to the suitability criteria that supports small to medium enterprises. Large firms like Turner & Townsend Infrastructure Ltd have already been involved, but the selective procurement process offers openings for other skilled consultancies looking to extend their footprint in the water sector and contribute to improvements in infrastructure health efficiencies. Business entities operating within UK regions mentioned will particularly benefit from being geographically positioned for involvement.

## Notice

In the PR24 final determinations, we set out a roadmap to enhance asset health understanding in the water sector during the 2025-30 period. Initially, this focuses on the 2025-27 period during which we will collect asset condition, and workload and expenditure data for a subset of priority assets. Through this data collection, we will establish a view of sector wide health of these assets, and whether there is a need to increase PR24 base expenditure allowances to improve asset health.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/5a3ca635-b835-4614-a11b-efe2f32720b6 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Feb 2026 |
| Submission deadline | 31 Oct 2025 |
| Future notice date | Not specified |
| Award date | 31 Oct 2025 |
| Contract period | 24 Nov 2025 - 20 Apr 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £62,130 |
| Lots value | Not specified |
| Awards value | £62,130 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | O F W A T |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B5 4UA |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Ladywood |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLM Scotland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TURNER & TOWNSEND INFRASTRUCTURE |

## CPV Codes

### Divisions

- 71 - Architectural, construction, engineering and inspection services

### Codes

- 71313000 - Environmental engineering consultancy services

## Release History

- 24 Feb 2026 at 13:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/5a3ca635-b835-4614-a11b-efe2f32720b6

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/5a3ca635-b835-4614-a11b-efe2f32720b6
  24th February 2026 - Awarded contract notice on Contracts Finder

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-a493b997-8c9d-426d-9e25-97969f5c519d.json.