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CPU 8465 - Property Auction Services

Nottingham City Council

This public procurement record has 1 release in its history.

Tender

28 Aug 2026 at 16:03

UK4 - Tender Notice
Summary of the contracting process

Nottingham City Council is procuring a panel of property auctioneers to dispose of a diverse portfolio of surplus property assets. The services will provide market exposure, targeted marketing and competitive sales support to achieve best consideration and value for money. The arrangement covers two service areas: local and regional auctioneers with strong performance in Nottingham and the wider East Midlands, mainly for smaller or lower-value assets such as land parcels, garages and vacant residential property; and national or wider-market operators for higher-value, complex or strategic sites, including development opportunities. Work will concern property assets in the United Kingdom, with local knowledge relevant to the first lot and broader investor and developer reach relevant to the second. Suppliers may bid for one or both lots.

The procurement has reached tender: the council invited offers through an open procedure for a closed framework agreement. Enquiries closed at 16:00 on 18 September 2026 and offers were due by 12:00 on 28 September 2026. The award decision was due by 5 October 2026. Each lot is valued at £150,000 excluding VAT (£180,000 including VAT), with an overall estimated value of £300,000 excluding VAT (£360,000 including VAT); these figures should not be added across lots. Contracts are planned from 16 October 2026 to 15 October 2028, with up to two 12-month extensions, potentially ending 15 October 2030. Up to four suppliers may be appointed, potentially two per lot. Evaluation is 70% quality, 10% social value and 20% price.

This opportunity suits property auction houses and auctioneers able to market and sell surplus public-sector assets through competitive processes. Lot 1 favours SMEs and firms with a strong Nottingham and East Midlands presence, demonstrable local performance, local market knowledge and relationships with regional developers, owner-occupiers and investors. Lot 2 suits operators with regional or national reach and access to broad investor and developer markets, including specialist buyers for complex sites and development opportunities. Bidders should be capable of using appropriately targeted marketing to maximise exposure, generate competition and support best consideration. Suppliers can compete for either service area or both, and each lot will be assessed on the specific response submitted for it. The arrangement is intended to support multiple suppliers and asset-by-asset call-offs.

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Notice Information

Notice Title

CPU 8465 - Property Auction Services

Notice Description

The Authority is seeking to procure a panel of auctioneers to support the disposal of a diverse portfolio of surplus property assets over the 2026/27 and 2027/28 financial years, and possibly beyond. The objective is to secure a flexible, multi supplier arrangement that maximises market exposure, supports achievement of best consideration in accordance with statutory requirements, and ensures value for money through competitive and appropriately targeted marketing strategies.

Lot Information

Lot 1 - Local and Regional Auctioneers

Lot 1 is intended for auctioneers with a strong presence and demonstrable performance within Nottingham and the wider East Midlands region. This Lot is expected to primarily support the disposal of: * Lower value or smaller scale assets (e.g. small parcels of land, garages, vacant residential property) * Assets with a predominantly local buyer audience * Properties where local market knowledge and relationships with regional developers, owner occupiers and investors are likely to enhance outcomes

Renewal: The contract duration will be for an initial 2 years with the potential of 2 x 12 month extensions to be agreed at the Authorities discretion subject to satisfactory contract performance.

Lot 2 - National Auctioneers and Wider Market Operators

Lot 2 is intended for auctioneers with a regional or national profile, capable of accessing a broad investor and developer market beyond the local area. This Lot is expected to primarily support the disposal of: * Higher value assets * Complex or strategic sites (including development opportunities) * Assets where national or specialist investor interest is likely to increase competition and sale price

Renewal: The contract duration will be for an initial 2 years with the potential of 2 x 12 month extensions to be agreed at the Authorities discretion subject to satisfactory contract performance.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06eee0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/082329-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

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
£300,000 £100K-£500K
Lots Value
£300,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
28 Aug 20262 weeks ago
Submission Deadline
28 Sep 20262 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
16 Oct 2026 - 15 Oct 2028 2-3 years
Recurrence
2030-01-02

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Nottingham City Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NOTTINGHAM
Postcode
NG2 3NG
Postcode Area
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
Not specified
Local Authority
Nottingham
Electoral Ward
Castle
Westminster Constituency
Nottingham East

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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