Online Auction Services
Ended Competitive selection contract Ohio Awarded
- Contract number
- RSC008684
- Awardee
- Liquidity Services Operations, LLC
- Contracting organization
- Administrative Services
Contract facts
- End date
- UNSPSC codes
Contract details come from ohiobuys.ohio.gov. Updated .
About this contract
The Ohio Competitive Selection IDV (RSC008684) provides comprehensive online auction services for state agencies and cooperative purchasing members. Specifically, the contract covers real estate and general auction services, enabling government entities to efficiently liquidate surplus assets through a digital platform. The services include a standardized auction process with a 12.5% buyer's premium and no additional auctioneer's commission, offering a transparent and cost-effective method for disposing of government property.
The IDV is awarded to Liquidity Services Operations, LLC, based in Bethesda, Maryland, and is administered by the Ohio Department of Administrative Services (DAS). The contract is effective from April 1, 2024, to March 31, 2026, with a statewide scope covering the Ohio Department of Transportation, State Institutions of Higher Education, and registered Cooperative Purchasing Program members. As a requirements contract, participating agencies can utilize the services flexibly without volume guarantees. An additional incentive includes a 2.5% rebate for users with annual sales exceeding $2,000,000, with payment terms set at Net 30.
Files
| File | Type | Posted |
|---|---|---|
| RSC008684_Amendment_1.pdf | ||
| RSC008684_Revised_Contract.pdf |
Quick answers
Who holds contract RSC008684?
Contract RSC008684 was awarded to Liquidity Services Operations, LLC by Administrative Services in Ohio on April 1, 2024.
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