Portsmouth Metropolis Council has unveiled proposals for a 10-year programme of repairs and upkeep to its housing portfolio, with the potential contract worth reaching £450m.
The scheme will likely be procured as two separate contracts, masking residential and industrial properties managed by the council.
One lot will likely be allotted to buildings on Portsea Island and one other to properties off the island, reflecting logistical wants for service supply.
The preliminary time period will run for 5 years from April 2027, with choices to increase to a full 10-year interval.
The council has forecast that inflation and housing inventory development may push the mixed lifetime worth of the contracts to between £336m and £450m excluding VAT.
A young is anticipated to be issued in Could or June 2026, with a contract award due in November that 12 months.
Work on the contract would then start in April 2027, the council stated in a pipeline discover immediately (2 Could).
Small and medium-sized enterprises are inspired to take part within the bidding course of, which the council stated will align with the UK Procurement Act 2023.
It added that the upcoming Native Authorities Evaluation may additional enhance the scope and worth of the contract, however such impacts won’t be mirrored till the total tender discover is issued.
Supply: Gov.uk Find a Tender
