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  5. ›REQUEST FOR INFORMATION (RFI): Auctioning Services

Maryland Department Of General Services·Maryland

REQUEST FOR INFORMATION (RFI): Auctioning Services

Closes 7/1/2026$500k – $5MRequest for Information
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Description

The Department of General Services, Office of State Procurement, is seeking information from companies that can host, facilitate, and conduct Reverse Auctions. The purpose of this Request for Information (RFI) is to collect data and information pertaining to Auctioning Services. The RFI includes a sample Scope of Work, which requires the contractor to provide Reverse-Auctioning Services, complete numerous rounds of Reverse-Auctions, and provide an online auction platform. The contractor must also coordinate with the State to schedule and facilitate the Reverse-Auctions, provide the final results, and meet reporting requirements. • The RFI is not a solicitation to procure, but rather a means of conducting market research to identify capable parties. • The contract is anticipated to be for multiple years with potential renewal options. • Small Businesses, Minority Businesses, and Veteran-Owned Businesses are strongly encouraged to respond to this RFI. • The RFI includes a sample Price Bid Form, which requires the contractor to provide pricing information for conducting Reverse-Auctions.

Attached files

Contact

Tierra Ali-Said(Procurement Officer)

[email protected]

Key dates

Opened
6/16/2026
Closes
7/1/2026

Last updated

Details

Type
Request for Information
Industry
Financial Services
NAICS
561990
Solicitation №
BPM057604

Budget estimate

$500,000 – $5,000,000

The budget for this contract is difficult to estimate, as the RFI does not provide a clear indication of the contract value. However, based on the scope of work, which includes hosting and facilitating Reverse-Auctions, providing an online auction platform, and meeting reporting requirements, the contract value could be substantial. The contract is anticipated to be for multiple years with potential renewal options, which could increase the overall contract value. A rough estimate for the contract value could be in the range of $500,000 to $5,000,000, considering the scope of work and the potential for renewal options.

AI estimate from the solicitation

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