2-Pricing ADOT.pdf

Pricing Sheet

APP Line Items: Offerors shall complete the “Line Item” tab in Arizona Procurement Portal (APP) by entering a price of $1.00 for Line Item one (1).

Fee Structure. At a minimum, Offers shall offer an all-inclusive non-tiered, fixed fee structure in which the proposed fee is a percentage based on the actual amount for which an auctioned item is sold (excluding sales tax).

Fixed Fee Structure Percentage Fee

Auction Fee on (can be paid by the buyer) 4%

Optional/Alternative Fee Structures (list N/A if not applicable)

Payment Collection Services (optional) 3% Auction Technician Services (optional) 4%

All auctions clearly state and explain the Buyer’s Premium for all Bidders (if the agency elects to have one), along with the methods acceptable for payment. Winning bidders also receive this information via email once the buyer has won the auction. If an item listed by the agency is not successfully won, The Public Group does not collect a fee.

We feel strongly about our application, we do not charge additional fees found by other online auction sites.

We also do not charge any setup or startup costs. Some of these fees, which we do not charge for, includes:

Re-Listing fees Uploading fees for:

Photos Manuals Item supporting documentation Warranty information Internal re-allocation fee Targeted marketing Email blasts Contacting specialty buyers Record Storage fees Integration into the agency’s website

Our fee breakdown service is as follows:

4% Auction Selling Fee – Our service can be completely free for the agency as you can pass the fee onto the buyer if you so desire. Our standard fee for state agencies is 4% and the buyer would pay this fee in the form of a buyer's premium.

Solicitation No: BPM004114 Available online at https://app.az.gov

Rev 12/2018 https://app.az.gov/

Pricing Sheet

Example: If the item sells for $100.00 and the agency charges a buyer's premium the agency will receive $100.00. The buyer will pay $104.00 and Public Surplus will receive $4.00 from the buyer.

If the agency elects to pay the fee then in the scenario above the buyer would pay $100.00, the agency would receive $96.00 and Public Surplus would receive $4.00.

This 4% rate offered is what we offer to State agencies, any agency joining this contract that is not a State agency would be on our standard rate of 7% auction selling fee.

3% Payment Collection Fee (Optional through Public Processing) – This additional fee is applied if the agency decides to have Public Surplus collect payment from the buyer directly. Public Surplus uses Public Processing to collect payments from the buyer and will allow the buyer to pay via credit card or wire transfer. This 3% fee is paid by the buyer on top of the sale price. For example, if an items sells for $100.00 the agency will receive $100.00 and the buyer will pay $107.00. $4 for the selling fee and $3 for the collection fee.

4% Auction Technician Fee (Optional) – This optional service is a service we offer to have a representative from our company come out and post the auctions for the State. We will take pictures, obtain description and create that auction on the website. The auctions will go to the held section and ADOT will have the opportunity to review all the data and then release it out for sale. The agency can elect to have the buyer pay this fee or pay for this service themselves.

Price Match Guarantee - With this response we do offer a “price match guarantee” that means we will not be beat on price fore similar services to what we are offering. If ADOT finds similar services at a lower cost than our quote, we will beat that price by .125%

Non-State Agency Fees – If an agency joins this contract that is not a State agency then our fee is 7% instead of 4%.

Solicitation No: BPM004114 Available online at https://app.az.gov

Rev 12/2018 https://app.az.gov/