Auctioneers Panel for Surplus Property Disposal

The Authority is seeking to establish a panel of qualified auctioneers to manage the disposal of surplus property assets during the 2026/27 and 2027/28 financial years, with potential for extension beyond this period. This flexible, multi-supplier arrangement will maximize market exposure for diverse assets, ensure best value for money through competitive marketing strategies, and support compliance with statutory requirements for achieving best consideration. Suppliers selected for the panel will handle property valuations, marketing, auction management, and sale completion for a varied portfolio of assets. The Authority aims to leverage competitive procurement to optimize returns and ensure efficient asset disposal across multiple market channels.