Source: https://tendernation.io/opportunities/01a13bb0-1988-72ce-bfdd-f784de4b9b71/transport-for-london-donations-of-unclaimed-lost-property

closed GB open procedure

# Transport for London donations of unclaimed lost property

[Transport for London](https://tendernation.io/buyers/transport-for-london)

Estimated value

Not stated

Published

11 Nov 2024

Deadline

Closed

12 Dec 2024

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

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.

## CPV classification

Auction services

Source

Find a Tender (UK) · Notice ocds-h6vhtk-04b566-2024-11-11T12:42:18Z

[View official notice](https://www.find-tender.service.gov.uk/Notice/ocds-h6vhtk-04b566-2024-11-11T12:42:18Z)

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