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  4. ›Surplus Liquidation Auction

Awarded contract·Jackson County·Missouri

Surplus Liquidation Auction

Won by PropertyRoom.com, Inc.$340kSingle Award
Contract source

Awarded vendors

  • PropertyRoom.com, Inc.

Description

This contract is for surplus asset liquidation and/or auction services to dispose of the inventory of seized and/or recovered items on an "as needed" basis. The contract allows for items to be picked up from the Sheriff's Office and sold on a website, in lots or individually, with no cost to the County. The vendor will sell the items, deduct their processing fee, and the Sheriff's Office will receive any remaining funds as revenue. The contract has a term of 34 months with a 12-month option to extend.

Attached files

Key dates

Starts
6/23/2022
Ends
4/22/2025Renews
Duration
34 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Government
NAICS
453210
Solicitation №
103949

Contract value

$340,000

The contract value is difficult to estimate as the contract is based on the sale of seized and recovered items, and the revenue generated will depend on the sale of these items. However, the contract term is 34 months, and the vendor will deduct their processing fee from the sale proceeds. Assuming an average monthly sale of $10,000, the total contract value over 34 months could be approximately $340,000.

AI estimate from the award documents

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