---
title: "Proceeds of Crime - Asset Realisation Service for City of London Police"
ocid: "ocds-h6vhtk-02dfbb"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02dfbb"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02dfbb.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02dfbb.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON"
published: "2022-02-04"
---

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

Buyer: THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON  
Current stage: Award  
OCID: ocds-h6vhtk-02dfbb

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## Summary

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.

## Notice

**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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/003332-2022 |
| 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 |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Feb 2022 |
| Submission deadline | 14 Oct 2021 |
| Future notice date | Not specified |
| Award date | 21 Jan 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | £1,284,000 |
| Awards value | Not specified |
| Contracts value | £1,284,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON |
| Locality | LONDON |
| 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

- 4 Feb 2022 at 22:45 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/003332-2022
- 10 Sep 2021 at 21:45 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/022604-2021

## Notice URLs

- https://ted.europa.eu/udl?uri=TED:NOTICE:236137-2020:TEXT:EN:HTML
- https://www.capitalesourcing.com
- 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-h6vhtk-02dfbb. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02dfbb.json.