Arkansas Department Of Transportation Ardot #RFP-12-002P

Conducting a Public Auction of Used & Surplus Equipment

The Arkansas Department of Transportation (AHTD) issued RFP-12-002P to select an auctioneer for conducting public auctions of used and surplus road equipment. The contract is for one year from acceptance, with a primary auction scheduled near the end of October at the AHTD Equipment & Procurement Division Complex in Little Rock, Arkansas. The auction includes approximately 279 items such as pursuit sedans, pickups, dump trucks, motor graders, loaders, excavators, and other heavy equipment. The auctioneer is responsible for all expenses, advertising, and collection of high bid monies, with AHTD receiving the gross total minus the auctioneer's commission. The auctioneer must provide a $500,000 irrevocable letter of credit and proof of liability insurance of at least $1,000,000. The contract includes signing a lease for the auction premises for 14 days. The procurement process involved proposal submission by August 4, 2011, with award made on September 23, 2011.

Description

The Arkansas State Highway and Transportation Department (AHTD) issued a Request for Proposals (RFP-12-002P) to conduct public auction(s) of used and surplus road equipment. The contract period is one year from acceptance, with a primary sale scheduled near the end of October 2011 at the AHTD Equipment & Procurement Division Complex in Little Rock, Arkansas. The auctioneer is responsible for all expenses and collecting all monies from high bids, with AHTD receiving the gross total less the auctioneer's commission. Proposals were due by 1:00 p.m. on August 4, 2011, and the award date was September 23, 2011. The auction includes a wide variety of equipment such as pursuit sedans, pickups, dump trucks, motor graders, loaders, and more.

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