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  5. ›Online Auction of Tax Defaulted Properties

Awarded contract·County of Fresno·California

Online Auction of Tax Defaulted Properties

Won by Realauction.com LLC$1.3MSingle Award
Contract source

Awarded vendors

  • Realauction.com LLC

Description

The County of Fresno is seeking a vendor to provide internet auction services for tax-defaulted properties. The contract term is 5 years, and the vendor will be responsible for developing and maintaining an auction website. The contract was awarded to Realauction.com LLC. The key aspects of the contract include the provision of internet auction services, the development and maintenance of an auction website, and the payment of fees by the vendor to the county. • The contract term is 5 years. • The vendor will be responsible for developing and maintaining an auction website. • The vendor will charge a per-parcel fee, which varies depending on the vendor. • The county will pay the vendor a fee for each parcel sold. • The vendor will provide customer support and maintenance for the auction website.

Attached files

Key dates

Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
23-032

Contract value

$1,250,000

The contract value is difficult to estimate, as the per-parcel fee varies depending on the vendor. However, based on the information provided, it appears that the vendor will charge a per-parcel fee, which could range from $200 to $300 per parcel. Assuming an average fee of $250 per parcel, and considering the contract term of 5 years, the total contract value could be estimated to be around $1.25 million, assuming 1,000 parcels are sold per year. However, this is a rough estimate and the actual contract value could be higher or lower, depending on the actual number of parcels sold and the fees charged by the vendor.

AI estimate from the award documents

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