Award

Disposal of Items of Property by Public Auction

METROPOLITAN POLICE SERVICE

This public procurement record has 1 release in its history.

Award

04 Jul 2018 at 14:30

Award Notice
Summary of the contracting process

The Metropolitan Police Service is seeking to dispose of various items of property and surplus assets through a public auction, titled "Disposal of Items of Property by Public Auction". This procurement falls under the auction services category and is located in Greater London, England. The procurement process is currently at the award stage, with the contract period running from 25 June 2018 to 24 June 2022. The auction services are being offered under an open procurement method, with an estimated auction sales revenue of £2 to £2.5 million over four years.

This tender presents significant opportunities for businesses involved in auction services, particularly those that specialise in jewellery, fine art, antiques, lost property, and crime-related items. Companies like John Pye Auctions and Wilsons Auctions Ltd, which have been awarded contracts, exemplify the kind of large-scale auction houses that would benefit from participation in this process. Small and medium enterprises in the auction sector may also find chances for growth by collaborating or subcontracting with larger auction firms to enhance their market presence.

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Notice Information

Notice Title

Disposal of Items of Property by Public Auction

Notice Description

MOPAC/MPS has a requirement for the disposal of various items of property and surplus assets through sale at Public Auction divided into the following lots:- Lot 1. - Jewellery, fine art, antiques and memorabilia (excluding POCA) Lot 2. - Lost Property and MOPAC/MPS Surplus Assets Lot 3. - Crime Related Property (excluding POCA) Lot 4. - Crime Related Property and initial and on-going valuations - POCA For indicative purposes only, approximate auction sales revenues over the past 3 years are: 2013-14 2014-15 2015-16 LOT 1 PS129,660.00 PS151,132.00 PS110,189.00 LOT 2 PS73,057.00 PS50,816.00 PS55,099.00 LOT 3 PS237,892.00 PS185,337.00 PS213,033.00 LOT 4 Not available Not available PS311,000.00 The estimated auction sales revenues, from MPS property only, over four years is between PS2-PS2.5m

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-80910aa3-fba6-416a-bf01-186157cd01c5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/068e9ce1-c9a9-43d1-b987-64739a833760
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79342400 - Auction services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jul 20187 years ago
Submission Deadline
15 Aug 2017Expired
Future Notice Date
Not specified
Award Date
19 Apr 20187 years ago
Contract Period
24 Jun 2018 - 24 Jun 2022 4-5 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
METROPOLITAN POLICE SERVICE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
GREATER LONDON
Postcode
SW6 1TR
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI33 Kensington & Chelsea and Hammersmith & Fulham
Delivery Location
Not specified
Local Authority
Hammersmith and Fulham
Electoral Ward
West Kensington
Westminster Constituency
Chelsea and Fulham

Supplier Information

Number of Suppliers
2
Supplier Names

JOHN PYE AUCTIONS

WILSONS AUCTIONS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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