Asset Investment Management Planning (inc Cost Capture & Modelling & Cost Estimation)
Estimated value
—
Awarded value
£3.6m
Suppliers
1
Lots
1
Published
24 Jun 2026
Description
To procure and implement a modern, scalable, cloud-based Asset Investment Planning and Management (AIPM) system delivered as a SaaS solution. The system must enable optimised, risk-informed investment decisions across the asset base and support long-term planning (up to 50 years), cost-benefit optimisation, emergent risk management, cost capture and modelling, and cost estimation. It should integrate seamlessly with existing digital architecture, improve transparency, regulatory compliance, and deliver whole-life value from asset investments while remaining adaptable to emerging risks and business priorities. The anticipated contract term is 10 years from implementation, with an estimated value of £8,000,000.
Scope
- Reference
- 2023 1034
- Commercial tool
- Standalone contract
- Contract dates
- 30 Apr 2027 to 30 Apr 2030Possible extension to 30 Apr 2037
Anglian Water is looking to award a contract to one Bidder to deliver the requirements an initial 3 year with the ability to extend for further periods of one year each or for any alternative periods and not expiring later than 10 years from the "Go Live" date.
- CPV classifications
- 72260000
- Contract locations
- East of England, United Kingdom
- Particular suitability
- Small and medium-sized enterprises (SME)
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Qualitative | — | quality | 45.00% |
| System Demonstration | — | quality | 20.00% |
| Pricing | — | price | 35.00% |
Submission & procedure
- Procedure
- Competitive flexible procedure
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£3.6m
Award date
23 Jun 2026
Contract start
31 Mar 2027
Contract end
31 Mar 2030