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Proceeds of Crime - Asset Realisation Service for City of London Police

City of London Corporation

This public procurement record has 3 releases in its history.

Award

10 Feb 2022 at 09:11

Award Notice
Tender

11 Sep 2021 at 09:27

Tender Notice
Planning

20 May 2020 at 08:48

Market Engagement Notice
Summary of the contracting process

The City of London Corporation has conducted an award for the "Proceeds of Crime - Asset Realisation Service for City of London Police". This procurement, classified under marketing services, is located in London, United Kingdom. The contract was awarded to John Pye & Sons Limited and has a total value of £1,284,000, with the contract period running from 21 January 2022 to 31 January 2024. The procurement method was an open procedure with a tender period that ended on 14 October 2021.

This tender presents significant opportunities for businesses, particularly those specialising in auction services or asset management. Companies that focus on the disposal of surplus assets or those that can optimise the sales of seized property would be well-positioned to compete in this market. Small and medium-sized enterprises (SMEs) may find this an accessible opportunity, given the City of London Corporation's openness to engaging smaller bidders in their procurement initiatives.

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Notice Information

Notice Title

Proceeds of Crime - Asset Realisation Service for City of London Police

Notice Description

**PLEASE NOTE** This is an Award Notice and the opportunity is now closed. City of London Police invited tenders to set up a single provider framework for the disposal of surplus assets through sale at Public Auction. The service is intended to cover assets seized or obtained pursuant to Confiscation Orders issued by the Court under the Proceeds of Crime Act (POCA) 2002, Police and Criminal Evidence Act 1984, Drug Trafficking Act 1994 and Criminal Justice Act 1988 or such amended legislation as from time to time in force. All items offered for sale under the agreement will be legitimate pre-purchased goods. The proceeds from confiscation orders will go back into the public purse to fund future prosecutions and benefit the community, with the Contractor maximising the return on the items sold. The goods offered for sale are expected to fall under the following areas, although it should be noted this list is not exhaustive and the Contractor may be asked to deal with the sales of other types of property CoLP have permission to sell. - Cars, motorcycles, bicycles, miscellaneous vehicles and personal registrations (vehicle number plates) - Jewellery, fine art, antiques and memorabilia - Personal property, other miscellaneous property (items such as designer clothing and accessories, electronic equipment, televisions, music systems, games, computers, sports equipment and furniture) The duration of the contract is two (2) years, with the option to extend for a further two (2) years on a year-by-year basis.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c7ecc970-ada9-4edb-a335-817902eb681d
Current Stage
Award
All Stages
Planning, Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79342000 - Marketing services

Notice Value(s)

Tender Value
£1,284,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,284,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20224 years ago
Submission Deadline
14 Oct 2021Expired
Future Notice Date
19 Jun 2020Expired
Award Date
21 Jan 20224 years ago
Contract Period
21 Jan 2022 - 31 Jan 2024 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
City of London Corporation
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2P 2EJ
Postcode Area
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London
Local Authority
Islington
Electoral Ward
Clerkenwell
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

JOHN PYE & SONS LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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