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Awarded contract·City of Pittsburgh - Office of Management & Budget·Pennsylvania

Auction Services with Related Solutions

Won by Liquidity Services Operations, LLC$200kSingle Award
Contract source

Awarded vendors

  • Liquidity Services Operations, LLC

Description

This contract between the City of Pittsburgh and Liquidity Services Operations, LLC, provides auction services with related solutions. The contract includes terms for equipment, products, and services, as well as pricing, payment, and warranty information. The contract also outlines the responsibilities of both parties, including the provision of customer service and support. Key aspects of the contract include the use of an online platform for auctions, the requirement for the vendor to provide detailed reports on sales activity, and the payment of administrative fees to Sourcewell. The contract has a term of 4 years, with the possibility of renewal for an additional year.

Attached files

Key dates

Starts
3/17/2021
Ends
3/19/2025Renews
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541910
Solicitation №
53714

Contract value

$200,000

The contract value can be estimated based on the administrative fees paid to Sourcewell, which are a percentage of the total sales of equipment, products, and services provided to participating entities. However, the exact value of the contract is not explicitly stated in the provided documents. Assuming an average annual sales amount and an administrative fee percentage, a rough estimate could be made. For example, if the average annual sales are $1 million and the administrative fee is 5%, the total contract value over 4 years could be estimated to be around $200,000 to $500,000. However, this is a very rough estimate and should be used with caution.

AI estimate from the award documents

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