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

The Mayor and Commonalty and Citizens of the City of London

This public procurement record has 2 releases in its history.

Award

04 Feb 2022 at 22:45

Award Notice
Tender

10 Sep 2021 at 22:45

Tender Notice
Summary of the contracting process

The City of London Corporation, acting as the buyer, has conducted a tendering process for the "Proceeds of Crime - Asset Realisation Service for City of London Police". This procurement falls under the marketing services category within the broader services industry. The process was initiated as an open procedure, and the opportunity is currently complete, having concluded the award phase. The contract, valued at £1,284,000, was signed on 21 January 2022 and spans a duration of two years, with the option for a further two-year extension. The contract commencement is set for 1 December 2021 with a potential end date of 30 November 2023.

This contract presents significant opportunities for businesses specialising in asset management and auction services, particularly those with experience in handling seized or surplus goods. Companies involved in vehicles, jewellery, fine art, and various consumer goods would find this tender especially relevant. With the aim of maximising proceeds from sales for public benefit, prospective suppliers who can demonstrate strong technical capabilities and cost-effective solutions will likely be well-positioned to thrive in future bidding processes for similar contracts.

How relevant is this notice?

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. The City of London Corporation (The City) undertook a 1 stage procurement process in relation to a single provider Framework Agreement for an Asset Realisation Service for the City of London Police (the 'Service') Further information for this opportunity can be found in II.2.4) Description of the procurement field (of this notice).

Lot Information

Lot 1

**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.

Options: The duration of the contract will be for twenty four (24) months, with the option to extend for up to a further twenty four (24) month period

Renewal: This will be upon expiry of the Contract and subject to internal approvals

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-02dfbb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/003332-2022
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
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
Not specified
Lots Value
£1,284,000 £1M-£10M
Awards Value
Not specified
Contracts Value
£1,284,000 £1M-£10M

Notice Dates

Publication Date
4 Feb 20224 years ago
Submission Deadline
14 Oct 2021Expired
Future Notice Date
Not specified
Award Date
21 Jan 20224 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
The Mayor and Commonalty and Citizens of the City of London
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

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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