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This document is an Invitation for Bid (IFB) issued by the Mississippi Department of Transportation (MDOT) for Auction Services. The contract has an initial term of three (3) years, with an option to extend for one (1) additional year and twelve (12) months, not to exceed a total of thirty-six (36) months. The bid opening is scheduled for Friday, October 25, 2021. The services requested include conducting auctions of MDOT's surplus equipment and vehicles, and the contractor will be responsible for all aspects of the auctions, including advertising, site management, and financial settlement.

The IFB does not specify set-asides or any incumbent information. The funding for this contract will be from MDOT's operating budget, though the exact amount is not provided. Bidders must submit their pricing in the format outlined in the IFB, which includes fees and commissions for the auction services.