--- title: "Transport for London donations of unclaimed lost property" ocid: "ocds-h6vhtk-04b566" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04b566" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04b566.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04b566.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "TRANSPORT FOR LONDON" published: "2024-11-11" --- # Transport for London donations of unclaimed lost property Buyer: TRANSPORT FOR LONDON Current stage: Tender OCID: ocds-h6vhtk-04b566 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04b566) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04b566.json) ## Summary Transport for London (TfL) has announced a tender for the provision of auction services for unclaimed lost property items. The procurement process is at the Tender stage, with the tender period ending on 12 December 2024. TfL is looking to award two contracts, each with a duration of two years, extendable by up to an additional two years (in one-year increments). The services required include inventory and valuation, auction preparation, auction conduct, and post-auction procedures. The auctions will be conducted either in-person or online, ensuring compliance with applicable laws and regulations. The auction service must also handle the distribution of auction proceeds to TfL. The industry category for this tender is auction services, and it will affect the region of the United Kingdom (UK&I), specifically at TfL’s headquarters in London. This tender presents a significant opportunity for businesses involved in auction services to expand their operations by partnering with a high-profile public transportation organisation like TfL. Businesses with expertise in managing and executing both physical and online auctions, including inventory management, valuation, marketing, and compliance with auction laws, will find this tender particularly suited to their capabilities. The potential for contract extensions means there is a long-term opportunity for sustained business growth. Companies qualified to handle the collection and distribution of auction proceeds, while ensuring detailed reporting and post-auction management, will be highly competitive in this procurement process. ## Notice TfL is seeking to deliver two (2) contracts for the provision of services pertaining to auctioning unclaimed lost property items. The contract(s) shall be for a duration of two (2) years with an option to extend for up to a further one (1) plus one (1) year. The auction service provider will be required to perform the following services: Inventory and Valuation: Catalog unclaimed lost property items received from TfL. Assess and assign appropriate reserve prices for valuable items. Auction Preparation: Organise physical and/or online auctions. Provide photography and descriptions for each item (if online auctions are involved). Ensure proper marketing and advertisement of auctions to the general public. Auction Conduct: Host public auctions (in-person or online). Ensure compliance with all applicable laws and regulations regarding auctions. Post-Auction Procedures: Provide a detailed report of all sold items. For all other unsold items, arrange for their return or disposal as agreed with TfL in advance. For all other unsold items, arrange for their return or disposal as agreed with TfL in advance.Revenue Distribution: Paragraph locked by Meeta Chohan Handle the collection of payments from buyers. Distribute auction proceeds to TfL, minus commissions. ### Lot Information Lot 1 See short description above. Additional information: If you wish to participate in this opportunity you must register to Ariba using the link above. Once you have registered please send an email to chrisstratton@tfl.gov.uk and meetachohan@tfl.gov.uk stating the name of the organisation you have registered with. We will then share the procurement documents with you. ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/036402-2024 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 11 Nov 2024 | | Submission deadline | 12 Dec 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | TRANSPORT FOR LONDON | | Locality | LONDON | | Post town | East London | | Postcode | E20 1JN | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI41 Hackney and Newham | | Local authority | Newham | | Electoral ward | Stratford Olympic Park | | Westminster constituency | Stratford and Bow | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79342400 - Auction services ## Release History - 11 Nov 2024 at 12:42 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036402-2024 - 11 Nov 2024 at 12:02 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/036390-2024 ## Notice URLs - https://service.ariba.com/ - https://tfl.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-04b566. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04b566.json.