CPU 8465 - Property Auction Services

What the buyer is asking for

The Authority is seeking to procure a panel of auctioneers to support the disposal of a diverse portfolio of surplus property assets over the 2026/27 and 2027/28 financial years, and possibly beyond. The objective is to secure a flexible, multi supplier arrangement that maximises market exposure, supports achievement of best consideration in accordance with statutory requirements, and ensures value for money through competitive and appropriately targeted marketing strategies.

How this is scored

Published by the buyer. A winning response is written to these weightings, not to the question.

• 80%qualityQualityQuality 70% Social Value 10%
• 20%pricePricePrice 20%

2 lots

You can usually bid for one lot without bidding for all of them.

• Lot 1 - Local and Regional Auctioneers£150k

  Lot 1 is intended for auctioneers with a strong presence and demonstrable performance within Nottingham and the wider East Midlands region. This Lot is expected to primarily support the disposal of: • Lower value or smaller scale assets (e.g. small parcels of land, garages, vacant residential property) • Assets with a predominantly local buyer audience • Properties where local market knowledge and relationships with regional developers, owner occupiers and investors are likely to enhance outcomes

• Lot 2 - National Auctioneers and Wider Market Operators£150k

  Lot 2 is intended for auctioneers with a regional or national profile, capable of accessing a broad investor and developer market beyond the local area. This Lot is expected to primarily support the disposal of: • Higher value assets • Complex or strategic sites (including development opportunities) • Assets where national or specialist investor interest is likely to increase competition and sale price

How contested is this?

Buyers publish how many bids they received. Across 234 comparable procurements we can tell you the typical field size, how often one of these goes uncontested, and whether the buyer awards on price or on quality.

Timeline

4 published dates · Europe/London

1. Tender notice published24 days ago

   28 Aug 2026, 16:03 BST
2. Clarification questions by3 days ago

   18 Sept 2026, 16:00 BST
3. Submission deadlinein 6 days

   28 Sept 2026, 12:00 BST
4. Award decision expected byin 14 days

   5 Oct 2026, 23:59 BST

Commercial outcome and contract awards

Nothing awarded yet

Notice history

1 event · 1 release on Find a Tender

1. Tender notice28 Aug 2026, 16:03 BST082329-2026

Documents

• Tender notice on Find a Tender