Proceeds of Crime: Asset Realisation Service

City of London Corporation
London
Selective procedure
1 April 2026 to 31 March 2029

Provision of auction organisation services for the realisation of assets seized under the Proceeds of Crime Act. The service involves the valuation, storage, and sale of various assets to generate income for the authority.

Open the official notice

Awarded value: £35k; As published
Published: 2 April 2026
Awarded: 31 March 2026; John Pye & Sons
Contract length: 36 months; Ends 31 March 2029

What the contract covers

Services contract

Provision of professional auction and asset realisation services for the disposal of seized goods and proceeds of crime assets.

Terms and requirements

Contract type: Services contract
Procedure: Selective procedure
Initial term: 36 months
Extensions: 24 months
Longest it can run: 60 months
Contract dates: 1 April 2026 to 31 March 2029
Certifications asked for: None stated
Suitable for SMEs: Not stated
Category: Services
CPV codes: 79957000

Services in this contract

Vehicle disposal, remarketing and auctionsMain service£200k typicalRealisation of seized proceeds of crime assets, an income generation contract

Lifecycle

Published
2 April 2026
Contract awardedto John Pye & Sons
31 March 2026
Contract starts
1 April 2026
Contract ends
31 March 2029

The buyer

City of London Corporation

Type: Locked
Contracts, 24 months: Locked
Recorded value: Locked
Typical contract: Locked
Vehicle auctions contracts, 24 months: Locked

Buys most

Contact details

Name: Locked
Email: Locked
Address: Locked

See everything City of London Corporation buys

The supplier

John Pye & Sons

Contracts won, 24 months: Locked
Value won, 24 months: Locked
Buyers, 24 months: Locked
Size: Locked
Companies House number: Locked

Main buyers

See everything John Pye & Sons has won

Similar vehicle auctions contracts and prices

3 vehicle auctions contracts were awarded in London in the last 24 months. See who won them and what they went for, next to this one.

See who won them →

Cite this contract

Link: https://bidskim.com/tender/149887/proceeds-of-crime-asset-realisation-service
Buyer reference: tender_526192/1565695
Open contracting ID: ocds-b5fd17-78511729-b887-404e-b4cd-e80508b77eda
Last checked: 5 November 2026

City of London Corporation. Proceeds of Crime: Asset Realisation Service. Contract award, 2 April 2026. BidSkim, https://bidskim.com/tender/149887/proceeds-of-crime-asset-realisation-service (accessed 5 November 2026).