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  5. ›Auctioneering/Liquidation Services for County Surplus…

Awarded contract·County of Riverside·California

Auctioneering/Liquidation Services for County Surplus Miscellaneous Equipment

$500kSingle Award
Contract source

Description

The County of Riverside is soliciting proposals from experienced licensed providers of auctioneering and liquidation services for the sale of surplus County personal property. The contract covers various categories of items, including vehicles, heavy equipment, and miscellaneous equipment. The County intends to contract with one single provider that offers the best possible net return from the auction services provided. Key points to consider include: • The contract is for auctioneering and liquidation services for surplus County personal property. • The contract covers various categories of items, including vehicles, heavy equipment, and miscellaneous equipment. • The County intends to contract with one single provider that offers the best possible net return from the auction services provided. • The contract is soliciting proposals from experienced licensed providers. • The County reserves the right to split the award in any manner it feels to be most advantageous to the County.

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
561990
Solicitation №
PUARC-1560

Contract value

$500,000

The contract value is not explicitly stated in the provided text. However, based on the scope of work, which includes auctioneering and liquidation services for surplus County personal property, the contract value could be substantial. The County is soliciting proposals from experienced licensed providers, and the contract is expected to be awarded to one single provider that offers the best possible net return from the auction services provided. Assuming an average annual surplus of $1 million to $5 million, and an auction fee of 10% to 20%, the contract value could be estimated to be around $100,000 to $1 million per year, depending on the actual surplus and auction fees.

AI estimate from the award documents

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