Description
The Shelby County Board of Education (Memphis‑Shelby County Schools) seeks a qualified vendor to provide professional auctioneer services for the district’s asset disposals. The contractor will conduct up to two public auctions per year (both on‑site and online), manage all advertising, collect proceeds, handle tax compliance, and provide detailed post‑auction accounting. Compensation is performance‑based, using a buyer’s premium percentage of gross auction receipts, with the district paying no fixed fee. The contract is initially one year with the possibility of up to four additional one‑year renewals, and the vendor must meet licensing, bonding, insurance, background‑check, and staffing requirements.
• Conduct up to two public auctions annually (on‑site and/or online) of district‑owned assets.
• Provide all marketing/advertising, auction equipment, staffing, and post‑auction financial reporting.
• Compensation via buyer’s premium (percentage of gross receipts); vendor proposes separate rates for live and online auctions.
• Must hold a Tennessee auctioneer license, be bonded, carry required insurance, and complete background‑check/badge requirements for any staff interacting with students.
• Contract term 1 year (July 1 2023 – June 30 2024) with up to four optional one‑year extensions.