This contract is for auction services provided by Purple Wave, Inc. to the State of Kansas. The contract has a term of 5 years, with the option to renew for two additional 12-month periods. The contract includes pricing for statewide auction services, and administrative fees have been incorporated into the unit prices. The contract also includes information on payment terms, with a net 30 payment schedule. Key features of the contract include:
• Auction services for the State of Kansas
• 5-year contract term with option to renew
• Pricing available to political subdivisions of the State of Kansas
• Administrative fees incorporated into unit prices
• Net 30 payment terms