Award

Asset Investment Planning Software Renewal

  • PORTSMOUTH WATER LIMITED

UK6: Contract award notice - Procurement Act 2023 - view information about notice types

Notice identifier: 2025/S 000-081866

Procurement identifier (OCID): ocds-h6vhtk-05f380 (view related notices)

Published 11 December 2025, 11:31am



Scope

Description

Portsmouth Water has an ongoing need for Asset Investment Planning software to plan, prioritise and deliver our regulated investment. This notice is for the renewal of our existing software.


Contract 1

Supplier

Contract value

  • £657,600 including VAT

Above the relevant threshold

Award decision date

11 December 2025

Standstill period

  • End: 22 December 2025
  • 8 working days

Earliest date the contract will be signed

23 December 2025

Contract dates (estimated)

  • 1 April 2026 to 31 March 2030
  • 4 years

Main procurement category

Goods

Options

The right to additional purchases while the contract is valid.

Additional software models and user licenses

CPV classifications

  • 48100000 - Industry specific software package
  • 48411000 - Investment management software package
  • 72250000 - System and support services

Contract locations

  • UKJ - South East (England)

Procedure

Procedure type

Direct award

Special regime

Utilities

Direct award justification

Additional or repeat goods, services or works - extension or partial replacement

Additional or repeat goods, services or works - extension

For the reasons detailed above, Portsmouth Water intends to renew its incumbent Asset Investment Software on the following basis:

The public contract concerns the supply of goods, services or works by the existing supplier, which are intended as an extension to existing goods, services or works in circumstances where

a) a change in supplier would result in the contracting authority receiving goods, services or works that are different from or incompatible with the existing goods services or works; and

b) the difference or incompatibility would result in disproportionate technical difficulties in operation or maintenance.


Supplier

IFS CANADA, INC.

  • Public Procurement Organisation Number: PDDY-5175-HDPM

1000 Innovation Drive, Suite 500 Kanata

Ontario, CANADA

K2K3E7

Canada

Small or medium-sized enterprise (SME): No

Voluntary, community or social enterprise (VCSE): No

Supported employment provider: No

Public service mutual: No

Connected people/organisations:

INDUSTRIAL AND FINANCIAL SYSTEMS, IFS UK LTD

BOURNE HOUSE LOTUS PARK, THE CAUSEWAY, STAINES-UPON-THAMES, TW18 3AG

Group company with significant influence

Contract 1


Contracting authority

PORTSMOUTH WATER LIMITED

  • Companies House: 02536455
  • Public Procurement Organisation Number: PTQG-7125-BLXM

Brockhampton Springs

Havant

PO9 1LG

United Kingdom

Region: UKJ35 - South Hampshire

Organisation type: Private utility