CPU 8465 - Property Auction Services

Nottingham City Council

Published: Aug 28, 2026

Updated: Aug 28, 2026

Source: uk_fts

About This Opportunity

This is a consulting contract in the finance and banking sector, with a focus on Investment. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 300,000. Proposals must be submitted before September 28, 2026.

Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for consulting in the finance and banking sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. Interested parties should review the full documentation on the original source before submitting their proposal.

Description

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. 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 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

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on August 28, 2026. Last refreshed today. Reference: 082329-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Nottingham City Council

Nottingham City Council has issued 505 procurement notices on BidsFactory, including 16 currently open and 409 awarded contracts. Activity concentrates in Construction & Civil Works, Transport & Logistics, and Governance & Public Administration. All notices are published for United Kingdom. Notices are distributed via UK Contracts Finder and UK FTS - Find a Tender Service. Most recent publication: August 28, 2026.

Frequently asked questions about this tender

What is the estimated budget?

The estimated contract value is £300,000 - £300,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 082329-2026 when communicating with the contracting authority.

When does this tender close?

The submission deadline is September 28, 2026. You have 30 days left to prepare and submit your proposal to the contracting authority.

Who is the contracting authority?

This notice was issued by Nottingham City Council in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Consulting contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.