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  5. ›RFP-903 FSS-DSP-Professional Auctioneer Service Frankfort KY

Commonwealth of Kentucky, Finance and Administrative Cabinet / Finance Facilities and Support Services·Kentucky

RFP-903 FSS-DSP-Professional Auctioneer Service Frankfort KY

Closes 6/25/2026$50k – $200kRequest for Proposal
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Description

The Commonwealth of Kentucky is seeking a professional auctioneer service to provide live and online auction capabilities, staffing, reporting, and technical support. The selected contractor will be responsible for conducting professional, transparent, and competitive auctions, providing all personnel, equipment, and systems necessary to execute auctions, and maintaining a professional public image. The contractor will also be required to coordinate closely with the Division of Surplus Property (DSP) staff before, during, and after each auction. Some key points to note: * The contractor must provide a full range of professional auction services, including live and online auction capabilities. * The contractor must have experience in conducting large online auctions exceeding $2 million in sales. * The contractor must demonstrate access to an extensive customer base utilizing a nationally recognized platform. * The contractor must provide comprehensive reporting, including itemized sales by lot and bidder, total sales values, commission calculations, and bidder registration data. * The contractor must implement appropriate safeguards to protect all data, including encryption of sensitive data and secure authentication and access controls.

Attached files

Contact

Johnathan Burmeister(Agency Contact)

[email protected]

(502) 782-4189

Key dates

Opened
6/17/2026
Closes
6/25/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541990
Solicitation №
RFP-785-2600000489-1

Budget estimate

$50,000 – $200,000

The budget for this opportunity is likely to be a percentage of the gross sales, with a minimum and maximum amount. The Commonwealth will pay the auctioneer a percentage of the gross proceeds, with a guaranteed minimum payment. The maximum rate set by the Legislative Research Commission is 10% for the first $10,000, 5% for the next $15,000, 4% for the next $25,000, and 3% for amounts over $50,000. However, the actual budget will depend on the proposal submitted by the contractor and the terms of the contract. A rough estimate of the budget could be in the range of $50,000 to $200,000 per year, depending on the number and size of the auctions conducted.

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