Online Auction Services

The Ohio Department of Administrative Services (DAS) Competitive Selection CSP904121 Indefinite Delivery Vehicle (IDV) provides comprehensive online auction services for state surplus property and building sales. This mandatory use contract enables state agencies to efficiently dispose of surplus assets through a digital auction platform, covering a wide range of property types across Ohio. The contract utilizes specific UNSPSC codes for auction services (80141705) and sale of property and building (80131600), facilitating a structured approach to asset liquidation.

The IDV is awarded to Liquidity Services Operations, LLC, based in Montgomery, AL, with a contract period from April 1, 2024, to March 31, 2026. The competitive selection contract operates with a sliding Buyer's Premium that has decreased from 10% to 9%, and maintains a 0% auctioneer's commission. Annual sales volumes have historically ranged from $2 million to over $6 million, with the projected volume for the 04/24-03/25 period estimated at $5,465,733.70. The contract provides statewide coverage for Ohio government agencies, allowing for flexible online auction services at the State Surplus Warehouse and various state agency locations.