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County of Ocean·New Jersey

Online Auction Services for Vehicles and Equipment

Closes 9/15/2026$100k – $1MRequest for Qualification
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Description

Ocean County, New Jersey is seeking qualified vendors to provide comprehensive online auction services for vehicles, construction equipment, tools, and other miscellaneous property over a two‑year contract. The vendor must inventory and catalog items, host and manage the online auction platform, handle buyer registration, conduct the auction, process payments, arrange pickup of sold items, and provide detailed post‑auction reporting. The County will supply item lists and will meet with the vendor to schedule auction dates, estimating roughly four auctions per year. Compensation is based on a percentage (Seller’s Premium) of gross sales; the vendor may also set a Buyer’s Premium. No additional fees are paid by the County, and the vendor must guarantee payment to the County if a buyer defaults. Advertising and marketing of each auction are the vendor’s responsibility, though the County will approve all materials and place a legal notice in a local newspaper. The contract requires compliance with New Jersey statutes, insurance minimums, and ethical standards of the National Auctioneers Association. • Scope: Full‑service online auction management (cataloging, platform hosting, conduct, payment, reporting). • Duration: 2‑year term, with an estimated four auctions per year. • Compensation: Percentage of gross sales (Seller’s Premium) plus optional Buyer’s Premium; vendor guarantees payment to County. • Requirements: Minimum two years of relevant auction experience, insurance coverage, adherence to ethics and state laws, ability to market auctions broadly (online & traditional media). • Submission: Electronic only, one response per vendor, due by 4:00 pm on the unsealing date (exact date not specified). • Award: Within 60 days of receipt of proposals.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jennifer Bowens

[email protected]

(732) 929-2101

Key dates

Opened
8/20/2026
Closes
9/15/2026
Duration
2 years

Last updated

Details

Type
Request for Qualification
Industry
Consulting Services
NAICS
541618

Budget estimate

$100,000 – $1,000,000

The solicitation does not state a fixed dollar amount; payment is a percentage of gross auction sales (Seller’s Premium) plus any Buyer’s Premium the vendor may set. Assuming an average auction generates $500,000 in gross sales, four auctions per year, and a 12% seller’s premium, the vendor could earn roughly $240,000 per year (12% × $500k × 4). Over the two‑year contract this yields about $480,000. If the commission rate varies between 8% and 20% and annual sales range from $300,000 to $1,000,000, the possible earnings could span roughly $100,000 to $1,000,000 across the contract term. Factors influencing the budget include the actual number of auctions held, total sales volume per auction, and the negotiated commission rates.

AI estimate from the solicitation

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