Section one: Contracting authority/entity
one.1) Name and addresses
Transport for London
5 Endeavour Square
LONDON
E20 1JN
Contact
Meeta Chohan
Country
United Kingdom
Region code
UKI - London
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Transport for London donations of unclaimed lost property
Reference number
WS2036291310
two.1.2) Main CPV code
- 79342400 - Auction services
two.1.3) Type of contract
Services
two.1.4) Short description
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.
Section six. Complementary information
six.6) Original notice reference
Notice number: 2024/S 000-036390
Section seven. Changes
seven.1.2) Text to be corrected in the original notice
Section number
II.1.2
Instead of
Main CPV code
- 79342400 - Auction services
Read
Main CPV code
- 79342400 - Auction services
Section number
I.1
Instead of
Text
Transport for London donations of unclaimed lost property
Read
Text
Auction services for unclaimed lost property items