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  4. ›USED GUN AUCTION

Awarded contract·City of Mobile·Alabama

USED GUN AUCTION

$70kSingle Award
Contract source

Description

The City of Mobile is conducting a public auction of two lots of used firearms owned by the Police Department. Bidders must submit a sealed cash bid by March 27 2026, include a 5 % bid‑bond, and possess a valid Federal Firearm License (Type 01 or 02). The winning bidder (per lot) will purchase the entire lot “as‑is,” assume all logistics, packaging, transport, and insurance costs, and must provide a Certificate of Authority if out‑of‑state. No warranties are provided, and payment must be made via wire transfer before the firearms are released. An addendum dated March 16 2026 updates the inventory list, removing non‑resalable items. Key points include: • Auction format – highest cash bid per lot wins. • Strict licensing and E‑Verify requirements for bidders. • Mandatory 5 % bid‑bond and wire‑transfer payment method. • All‑cost‑plus logistics (packaging, transport, insurance) fall on the winning bidder. • No predetermined contract value; the contract value is the cash bid amount.

Attached files

Key dates

Bids closed
3/27/2026
Contract modified
3/16/2026

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Government
NAICS
423910
Solicitation №
6034

Contract value

$70,000

The inventory lists roughly 415 firearms across two lots. Assuming an average market resale value of $150–$200 per used firearm (conservative estimate given condition “as‑is” and potential legal restrictions), the total potential revenue ranges from $62,250 to $83,000. Because the contract awards the entire lot to a single bidder, the contract value would be the winning cash bid, likely falling near the upper end of that range. Therefore a reasonable ball‑park estimate for the contract’s monetary value is approximately $70,000. Factors influencing the estimate include: • Variation in firearm make/model values (e.g., pistols vs. rifles). • Condition and legal transfer requirements that may depress price. • Potential bulk‑discount considerations for a single‑buyer.

AI estimate from the award documents

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