Source: https://tendernation.io/opportunities/01a13c88-a828-70bc-a152-8919bb824111/proceeds-of-crime-asset-realisation-service-for-city-of-london-police

awarded GB open procedure Suitable for SMEs

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

[City of London Corporation](https://tendernation.io/buyers/city-of-london-corporation)

Estimated value

£1,284,000

Published

11 Sept 2021

Deadline

Closed

14 Oct 2021

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Open procedure

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

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

\*\*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.

Read full description

## CPV classification

Marketing services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/134785ba-d418-4361-9a52-75b078c7f923)

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