--- title: "Proceeds of Crime - Asset Realisation Service for City of London Police" ocid: "ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923.json" source: "Contracts Finder" current_stage: "Award" buyer: "CITY OF LONDON CORPORATION" published: "2022-02-10" --- # Proceeds of Crime - Asset Realisation Service for City of London Police Buyer: CITY OF LONDON CORPORATION Current stage: Award OCID: ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923.json) ## Summary 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. ## Notice **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. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c7ecc970-ada9-4edb-a335-817902eb681d | | 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 | | All stages | Planning, Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 10 Feb 2022 | | Submission deadline | 14 Oct 2021 | | Future notice date | 19 Jun 2020 | | Award date | 21 Jan 2022 | | Contract period | 21 Jan 2022 - 31 Jan 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,284,000 | | Lots value | Not specified | | Awards value | £1,284,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Not specified | | Awards status | Active | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | CITY OF LONDON CORPORATION | | Locality | CITY OF LONDON CORPORATION, GUILDHALL, PO BOX 270 | | Post town | Central London | | Postcode | EC2P 2EJ | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI43 Haringey and Islington | | Local authority | Islington | | Electoral ward | Clerkenwell | | Westminster constituency | Islington South and Finsbury | | Delivery location | TLI London | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | JOHN PYE & SONS | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79342000 - Marketing services ## Release History - 10 Feb 2022 at 09:11 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c7ecc970-ada9-4edb-a335-817902eb681d - 11 Sep 2021 at 08:27 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/35e99e81-430e-4cf9-8f17-6d6977a27d63 - 20 May 2020 at 07:48 - Planning - Market Engagement Notice - https://www.contractsfinder.service.gov.uk/Notice/dab0ccc2-58aa-40dc-850b-8043b229518d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/c7ecc970-ada9-4edb-a335-817902eb681d 10th February 2022 - Awarded contract notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/35e99e81-430e-4cf9-8f17-6d6977a27d63 11th September 2021 - Opportunity notice on Contracts Finder - https://www.contractsfinder.service.gov.uk/Notice/dab0ccc2-58aa-40dc-850b-8043b229518d 20th May 2020 - Early engagement notice on Contracts Finder - http://www.capitalesourcing.com Link to eSourcing Portal ## Notice URLs - https://www.cityoflondon.gov.uk ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-134785ba-d418-4361-9a52-75b078c7f923.json.