The City of Palm Bay is seeking auction services to dispose of surplus property, including office furniture, computers, and equipment. The contract was awarded to George Gideon Auctioneers, Inc. The auctioneer's fee is based on a percentage of the proceeds from the sale of the items. The contract includes a list of items with their estimated values and the corresponding auctioneer's fees.
• The contract includes a variety of items, such as titled and non-titled items, office furniture, and equipment.
• The auctioneer's fee ranges from 15% to 65% of the proceeds.
• The total estimated value of the items is $105,000.00.
• The total estimated auctioneer's fee is $25,800.00.