Asset Realisation and Auction Services for Proceeds of Crime Assets for City of London Police
City of London Corporation · Awarded contract
AwardedAsset Realisation and Auction Services for Proceeds of Crime Assets for City of London Police
Awarded 21 Jan 2022
Awarded21 Jan 2022
Value£1,284,000.00
SupplierJohn Pye & Sons Limited
RegionLondon
CategoryPublic Safety & Security
Ended 2y 9mo ago2y term
Awarded 21 Jan 2022Expired 31 Jan 2024
About
City of London Corporation awarded a contract to John Pye & Sons Limited for the disposal of surplus assets through public auction, covering items seized under the Proceeds of Crime Act 2002 and related legislation.
The contract, valued at £1,284,000, established a single-provider framework for a two-year term with an option to extend for a further two years on a year-by-year basis.
The service includes the sale of vehicles, jewellery, fine art, antiques, and personal property, with the contractor maximising returns to fund future prosecutions and community benefits.
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Asset Realisation and Auction Services for Proceeds of Crime Assets for City of London Police
Won by John Pye & Sons Limited · City of London Corporation
£1.3Mawarded
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
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Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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