Purpose

The
authority is seeking to procure a specialist property auctioneer to
assist in the disposal of authority properties no longer required
by the authority.
 
The
provider will be capable of assessing the suitability of vacant
properties for auction, advising on reserve and guide prices,
conducting viewings with prospective purchasers, and marketing the
property before ultimately auctioning the property and negotiation
of post auction sales as required.
 
It
is estimated that approximately 10-20 properties are required to be
sold via auction per annum but this, as well as the value of
property being auctioned, can vary significantly each
year.
 
The
procurement is a renewal of a long-existing rolling agreement,
managed by the authority's Estates department. The intention is to
contract with a single provider on a framework basis for an initial
term of two years, with the option to extend the term for any
number of defined periods up to a maximum of a further two
years.
 
The
authority will not be charged a fee by the provider for provision
of the services. Instead, the fee will be paid for by the buyer of
the property following sale.
 
 
 

Content

Gary Pearse, Head of Estates,
took a decision to approve the commence procurement exercise for
appointment of specialist property auctioneers.