Portfolio, Programme and Project Management (P3M) System to support Asset Lifecycle and Capital Delivery
Estimated value
£700k
Awarded value
—
Suppliers
0
Lots
1
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 VATAbove the relevant threshold
- Commercial tool
- Standalone contract
- Contract dates
- 31 Mar 2026 to 31 Mar 2029Possible 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 KingdomSouth East England, United Kingdom
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Technical - Functionality of Solution | Meeting all the mandatory functional requirements. Meeting all or most of the desirable functional requirements. | quality | 50.00% |
| Commercial - Total Price of application acquisition including three years of maintenance/support | Fit for purpose, meeting all or most of functional requirements. | price | 30.00% |
| Current Installed Base | Demonstrable customer base operating in a similar environment to TWUL and quality of references provided. | quality | 20.00% |
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