Award
Arkansas Department Of Transportation Ardot #RFP-16-003P
Conducting a Public Auction of Used & Surplus Equipment
Recipient
Not specified
Awarded
September 10, 2015
Identifier
RFP-16-003P
The Arkansas Department of Transportation (AHTD) issued RFP No. 16-003P seeking auctioneer services to conduct public auctions of used and surplus road equipment. The contract duration is one year with an option to renew annually for up to six additional years. The primary auction is scheduled near the end of October at the AHTD Equipment & Procurement Division Complex located at 11302 W. Baseline Road, Little Rock, Arkansas. Secondary auctions may be held at the auctioneer's or AHTD facilities on mutually agreed dates. The auctioneer is responsible for all expenses, including advertising, postage, concessions, and collection of high bid monies, with the AHTD receiving the gross total of high bids minus the auctioneer's commission. Bidders must submit an irrevocable letter of credit for $500,000 and proof of liability insurance of at least $1,000,000. The auction includes a wide variety of vehicles and heavy equipment, totaling approximately 311 items, such as sedans, pickups, dump trucks, tractors, and construction machinery. The contract requires signing a lease agreement for the primary auction premises and sending auction notices to a bidder list supplied by AHTD. The period of performance is one year from contract acceptance, with options for renewal.
Description
The Arkansas State Highway and Transportation Department (AHTD) issued a Request for Proposals (RFP No. 16-003P) to conduct public auction(s) of used and surplus road equipment. The contract is for one year with an option to renew for six additional years. The primary auction is to be held near the end of October at the AHTD Equipment & Procurement Division Complex in Little Rock, Arkansas. The auctioneer is responsible for all expenses and collecting all monies, with AHTD receiving the gross total of high bids less the auctioneer's commission. Proposals were due by August 11, 2015, and the award date was September 10, 2015. The auction includes a wide variety of vehicles and equipment such as sedans, pickups, dump trucks, tractors, and construction machinery.