Managed Remarketing of Vehicles Plant
Introduction
The NEPO202 Managed Remarketing of Vehicles & Plant framework is a structured procurement route that facilitates the sale of used vehicles and plant equipment owned by public sector organisations. Initiated by the North East Procurement Organisation (NEPO), this framework is designed to streamline the entire process of remarketing, from collection to final sale. This framework commenced in 2021 and is set to conclude on 31 January 2025. As a framework agreement rather than a Dynamic Purchasing System (DPS), it offers a defined term for participation, ensuring that the processes and methodologies employed are consistent and reliable over its duration.
Context & Use Case
The need for efficient remarketing solutions arises from the necessity for public sector entities to manage their fleet and plant assets effectively, ensuring optimal financial returns upon disposal. Contracting authorities resort to this framework to leverage a comprehensive service that removes the burden of selling used assets internally. The framework provides a structured approach to collating, preparing, and selling vehicles and plant equipment, ensuring compliance with procurement regulations and delivering a hassle-free experience for the contracting authorities.
Scope of Services
The Managed Remarketing of Vehicles & Plant framework encompasses a variety of services that cater to the full lifecycle of asset disposal. These services typically include: 1. Collection of vehicles and plant equipment from the organisation's premises. 2. Preparation of assets for sale, including necessary refurbishments and documentation. 3. Secure storage of items pending sale. 4. Professional marketing and sale of vehicles and equipment through appropriate channels. 5. Prompt financial reconciliation and return of proceeds to the selling organisation.
Who Can Apply
This framework is suitable for suppliers who specialise in the remarketing and sale of vehicles and plant equipment. Suppliers involved in logistics, asset management, and auctioneering may find this framework particularly relevant. As it is not a DPS, the framework does not allow new suppliers to join after its inception, ensuring that the initial selection of suppliers remains consistent throughout its term. Suppliers looking to engage should have a proven track record in managing similar projects and demonstrate compliance with the regulatory standards expected by public sector clients.
Buyer Benefits
Public sector buyers benefit from using the NEPO202 framework through the assurance of compliance with procurement regulations and the facilitation of a swift market entry for their surplus assets. The framework offers a competitive edge by pooling together expert suppliers who can maximise the sale value of assets while ensuring the process is transparent and efficient. Buyers can rely on the framework to reduce administrative efforts associated with asset disposal, thus allowing them to focus resources on core activities.
Lots
Not applicable
Next Steps
Suppliers interested in participating in this framework should ensure they meet the outlined requirements and possess the necessary capabilities to deliver the services effectively. Prospective suppliers are advised to review the framework's specifications and reach out to NEPO directly for further information or to express interest in future opportunities once the current framework lapses.
How Biddable Can Help
Biddable can assist suppliers in navigating the complexities of public sector frameworks such as this by providing tools and insights for discovery and preparation. Our platform helps suppliers maintain visibility over procurement pipelines, allowing them to identify suitable opportunities and strategically position themselves in the market. With Biddable, suppliers can enhance their understanding of framework requirements and optimise their approach to securing contracts.