Auction Services: Vehicles & Equipment

The City of St. Petersburg has awarded a contract to Tampa Machinery Auction Inc for auction services, including transportation, storage, advertising, auctioning, and collection of vehicles and miscellaneous equipment. The contract is effective from January 1, 2021, to December 30, 2027. The vendor will charge fees ranging from 4% to 6% of the item's value, depending on the item's price. The contract also includes terms for payment, shipping, and dispute resolution. Key aspects of the contract include: • Auction services for vehicles and equipment • Transportation, storage, advertising, and collection of items • Fees ranging from 4% to 6% of the item's value • Payment terms: NET 30 • Shipping terms: FOB Destination • Dispute resolution: through the solicitation document's instructions