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  5. ›85626N0001-NA Auto Auction

Nyc Department of Citywide Administrative Services·New York

85626N0001-NA Auto Auction

Closes 11/10/2025$2M – $3M
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Description

The City of New York is seeking a qualified contractor to provide towing, storage, auctioning, salvaging, and releasing services for all relinquished city vehicles. The contractor will be responsible for maximizing revenue through the sale of relinquished vehicles and vehicle-related equipment. The contract term is expected to be three years, with one three-year renewal option. The contractor must have at least five years of experience providing similar services and be licensed to tow vehicles in New York City. Key aspects of the job include: • Providing towing, storage, auctioning, salvaging, and releasing services for city vehicles • Maximizing revenue through the sale of relinquished vehicles and vehicle-related equipment • Conducting auctions online, with free access to the general public • Complying with the Electronic Signatures and Records Act • Providing an annual report on total revenue by type of vehicle • Meeting with DCAS annually to review performance and marketing efforts

Attached files

Contact

Alison Chen(Agency Contact)

[email protected]

Key dates

Opened
10/30/2025
Questions due
10/30/2025
Closes
11/10/2025
Duration
1095 days

Last updated

Details

Industry
Transportation and Public Transit
NAICS
484220
Solicitation №
85626N0001

Budget estimate

$2,000,000 – $3,000,000

Based on the estimated contract value of $2,520,900.00, it can be inferred that the city expects to earn significant revenue from the sale of relinquished vehicles and vehicle-related equipment. The contractor's commission rate will be all-inclusive of the requirements detailed in the RFQ. The city also expects the contractor to maximize revenue through the sale of relinquished vehicles and vehicle-related equipment. The budget range can be estimated as follows: Low: $2,000,000 (assuming a 10% decrease from the estimated contract value) High: $3,000,000 (assuming a 20% increase from the estimated contract value) The actual budget will depend on various factors, including the contractor's performance, the number of vehicles sold, and the revenue generated from each sale.

AI estimate from the solicitation

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