Debt Management Auctioneer Services
About This Opportunity
This is a services contract in the finance and banking and legal services sectors, with a focus on Legislative Drafting and Debt Management. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 3.5 million. Proposals must be submitted before July 23, 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 services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. Interested parties should review the full documentation on the original source before submitting their proposal.
Description
The Authority has an enduring requirement to appoint suitably qualified and experienced auctioneers to support its Debt Management operations through the seizure, appraisal, storage and sale of customer assets as part of its statutory debt recovery activities.
This procurement will be structured as a single HMRC led Open Procedure resulting in the award of separate contracts, one per Lot. It is not intended to establish a framework agreement.
The scope of the services include
Appraisal of assets prior to seizure;
Contacting customers to facilitate debt recovery;
Removal, transportation and secure storage and assets;
Auction planning, marketing and sale of goods including online and physical auctions;
Provision of specialist auction services where required;
Remittance of sale proceeds; and
Provision of management information and reporting.
The services will be delivered across geographically defined regions.
The contract will be let across multiple regional Lots, with Suppliers able to bid for one or more Lots. A maximum of two Lots may be awarded per Supplier.
The Services are demand led and will be instructed on a Case by Case basis. The Authority does not guarantee any minimum volume or value of work.
The Authority anticipates the following regional structure and indicative annual values, which are provided for information purposes only;
Lot 1 North England approx. £150,00 per annum
Lot 2 Midlands approx. £230,000 per annum
Lot 3 Northern Ireland approx. £62,500 per annum
Lot 4 South England and Wales approx. £230,000 per annum
Lot 5 London approx. £202,500 per annum
These figures are indicative and represent the Authority's current expectations only.
The requirement is structured to enable Suppliers to tender for any of the advertised lots. To maximise opportunities for participation and support a diverse and resilient supplier base, the Authority intends that no supplier will be awarded more than two Lots.
This Lot covers North of England region and is characterised by a geographically expansive service area with dispersed case locations spanning both urban and rural environments.
This Lot may require increased transport coordination and may involve extended travel distances relative to other Lots, requiring a scalable logistics and resource model.
This Lot is characterised by a diverse asset profile, including commercial equipment, vehicles and mixed goods arising from both residential and business cases. The Supplier must demonstrate the ability to appraise, handle, transport and dispose of a wide range of asset types in a consistent and efficient manner.
This Lot requires a balanced operational model capable of managing varied asset types and Case complexity within a centrally located region.
This Lot is subject to distinct regional delivery considerations, including compliance with applicable jurisdictional and operational requirements. The Supplier must demonstrate capability to operate within specific legislative and regulatory framework applicable to Northern Ireland and manage all aspects of service delivery within the region.
This Lot requires the Supplier to maintain appropriate local capability and ensure compliance with region specific operational and legal requirements.
This Lot covers a large and geographically varied area including metropolitan, coastal and rural locations. It includes a high prevalence of specialist and higher value assets, requiring access to appropriate specialist auction routes and targeted market engagement.
This Lot may require enhanced capability in specialist auctions and handling higher value goods, alongside flexibility to deliver services across extended geographical areas.
This Lot is characterised by a high density of Cases within a metropolitan environment, requiring a high throughput service model and the ability to deliver rapid response times. The Supplier must operate effectively within urban constraints, including access limitations, traffic considerations and secure handling of assets.
This Lot requires a responsive operating model capable of managing high Case volumes, supporting short turnaround times and maximising operational efficiency in a dense urban setting.
Data provenance
This notice is sourced from UK FTS - Find a Tender Service and was originally published on June 18, 2026. Last refreshed today. Reference: 057418-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About HM Revenue & Customs
HM Revenue & Customs has issued 38 procurement notices on BidsFactory, including 6 currently open and 30 awarded contracts. Activity concentrates in Governance & Public Administration, Information & Communication Technology, and Finance & Banking. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service. Most recent publication: June 18, 2026.
Frequently asked questions about this tender
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 057418-2026 when communicating with the contracting authority.
When does this tender close?
The submission deadline is July 23, 2026. You have 28 days left to prepare and submit your proposal to the contracting authority.
Who is the contracting authority?
This notice was issued by HM Revenue & Customs 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 Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
What is the estimated budget?
The estimated contract value is £3,500,000 - £3,500,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.
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