Portfolio, Programme and Project Management (P3M) System to support Asset Lifecycle and Capital Delivery

THAMES WATER UTILITIES LIMITEDcontractFind a TenderRef ocds-h6vhtk-05e9a5Procurement Act 2023Utilities regimeactive
View buyer

Estimated value

£700k

goods

Awarded value

Suppliers

0

Lots

1

0 awarded

Published

26 Nov 2025

Description

Thames Water is initiating this procurement process to select the most capable and suitably qualified supplier to deliver a Portfolio, Programme, and Project Management (P3M) solution. The selected solution will form a core component of our future strategic investment framework, providing a fully integrated, end-to-end platform that will fundamentally enhance how we plan, manage, and execute asset investment programmes across the water sector. The envisioned P3M solution will leverage advanced technologies to support strategic alignment, optimise resource utilisation, and improve delivery performance. It is expected to enable consistent achievement of project outcomes, -delivered on time and within budget, -while contributing to Thames Water's broader objectives, including sustainability and carbon neutrality. Furthermore, the solution must integrate effectively with existing internal systems and external delivery partners, utilising data across the asset lifecycle to foster collaboration, ensure compliance with regulatory requirements, and reinforce the resilience of our critical infrastructure. This process is solely focused on the product selection. A future procurement process will be initiated to identify a partner to implement the chosen offering. Thames Water reserves the right to refine the award criteria. Please note that the deadline for asking for access to the PSQ & submitting of the PSQ is 22 December 2025, at 10 am.

Scope

Reference
FA2217
Total value
£700,000 excluding VAT
£840,000 including VAT
Above the relevant threshold
Commercial tool
Standalone contract
Contract dates
31 Mar 2026 to 31 Mar 2029
Possible extension to 28 Feb 2034

Thames Water envisages that the contract will be awarded for an initial term of 3 years with options to extend by 1 year or longer, up to a maximum overall term of 8 years.

Main category
goods
CPV classifications
48000000
Contract locations
London, United Kingdom
South East England, United Kingdom

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Technical - Functionality of SolutionMeeting all the mandatory functional requirements. Meeting all or most of the desirable functional requirements.quality50.00%
Commercial - Total Price of application acquisition including three years of maintenance/supportFit for purpose, meeting all or most of functional requirements.price30.00%
Current Installed BaseDemonstrable customer base operating in a similar environment to TWUL and quality of references provided.quality20.00%

Participation

Conditions suppliers must meet to bid.

As defined in the PSQ document.

Submission & procedure

Enquiry deadline
04 Dec 2025, 10:00 am
Submission address
To gain access to the PSQ documents, please fill out the details on this form; https://forms.office.com/e/RUxiHhpD0J
Electronic submission
Yes
Procedure
Competitive flexible procedure