---
title: "Asset Management Strategy"
ocid: "ocds-h6vhtk-05f688"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05f688"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05f688.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05f688.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "PORTSMOUTH CITY COUNCIL"
published: "2025-12-16"
---

# Asset Management Strategy

Buyer: PORTSMOUTH CITY COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-05f688

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05f688)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05f688.json)

## Summary

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.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/083270-2025 |
| 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 |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 16 Dec 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 10 Apr 2025 |
| Contract period | 30 Apr 2025 - 1 Nov 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £64,418 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PORTSMOUTH CITY COUNCIL |
| Locality | PORTSMOUTH |
| Post town | Portsmouth |
| Postcode | PO1 2AL |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ3 Hampshire and Isle of Wight |
| ITL 3 | TLJ31 Portsmouth |
| Local authority | Portsmouth |
| Electoral ward | Charles Dickens |
| Westminster constituency | Portsmouth South |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RIDGE AND PARTNERS |

## CPV Codes

### Divisions

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

### Codes

- 79420000 - Management-related services

## Release History

- 16 Dec 2025 at 11:39 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/083270-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/083270-2025
  16th December 2025 - Contract details notice on Find a Tender

## Notice URLs

- http://www.ridge.co.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## 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-h6vhtk-05f688. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05f688.json.
