RSC008684_Revised_Contract.pdf

Index No.: GDC042

Eff. Date: 04/01/24

STATE OF OHIO

DEPARTMENT OF ADMINISTRATIVE SERVICES

GENERAL SERVICES DIVISION

OFFICE OF PROCUREMENT SERVICES

4200 SURFACE ROAD, COLUMBUS, OH 43228-1395

MANDATORY USE CONTRACT FOR: ONLINE AUCTION SERVICES

CONTRACT NUMBER: RSC008684 EFFECTIVE DATES: 05/18/22 TO 03/31/24

* Renewal through 03/31/26

The Department of Administrative Services has accepted Proposals submitted in response to Request for Proposal (RFP) No.

SRC0000002125 that opened on 03/04/22. The evaluation of the Proposal responses has been completed. The Offeror listed herein has been determined to be the highest ranking Offeror and has been awarded a Contract for the services listed. The respective Proposal response including, Contract Terms & Conditions, any Proposal amendment, special Contract Terms & Conditions, specifications, pricing schedules and any attachments incorporated by reference and accepted by DAS become a part of this Services Contract.

This Requirements Contract is effective beginning and ending on the dates noted above unless, prior to the expiration date, the Contract is renewed, terminated, or cancelled in accordance with the Contract Terms and Conditions.

This Requirements Contract is available to the Ohio Department of Transportation, State Institutions of Higher Education and properly registered members of the Cooperative Purchasing Program of the Department of Administrative Services, as applicable.

The agency is eligible to make purchases of the contracted services in any amount and at any time as determined by the agency. The State makes no representation or guarantee that department will purchase the volume of services as advertised in the Request for Proposal.

This Requirements Contract and any Amendments thereto are available from the DAS Web site at the following address:

www.ohio.gov/procure

* Amended to renew the contract from 04/01/24 through 03/31/26, per Amendment 1, effective 04/01/24.

Eff. Date: 05/18/22

MUTUALLY AGREED UPON CHANGES

PROHIBITION OF THE EXPENDITURE OF PUBLIC FUND FOR OFFSHORE SERVICES: No State Cabinet Agency, Board or Commission will enter into any contract to purchase services provided outside of the United States or that allows State data to be sent, taken, accessed, tested, maintained, backed-up, stored, or made available remotely outside (located) of the United States, unless a duly signed waiver from the State has been attained. Notwithstanding any other terms of this Contract, the State reserves the right to recover any funds paid for services the Contractor performs outside of the United States for which it did not receive a waiver. The State does not waive any other rights and remedies provided to the State in the Contract.

Further, no State agency, board, commission, State educational institution, or pension fund will make any purchase from or investment in any Russian institution or company. Notwithstanding any other terms of this Contract, the State reserves the right to recover any funds paid to Contractor for purchases or investments in a Russian institution or company in violation of this paragraph. The provisions of this paragraph will expire when the applicable Executive Order is no longer effective.

The Contractor must complete the Contractor/Subcontractor Affirmation and Disclosure Form affirming the Contractor understands and will meet the requirements of the above prohibition. During the performance of this Contract, if the Contractor changes the location(s) disclosed on the Affirmation and Disclosure Form, Contractor must complete and submit a revised Affirmation and Disclosure Form reflecting such changes.

https://procure.ohio.gov/pdf/EO2022-02D/04-Affirmation%20and%20Disclosure%20Form_3-4-22.pdf

Eff. Date: 05/18/22

COST SUMMARY

Online Auction Services

RSC008684

UNSPSC CATEGORY CODE: 80141705, 80131602

Description Percentage Buyer’s premium (Percentage of Sale) 12.5 %

Auctioneer’s commission (Percentage of Sale) 0 %

REBATE: The Contractor offers a 2.5% rebate to each contract user for their agency’s annual volume of sales under this contract in excess of $2,000,000.00. After an agency’s annual volume exceeds $2,000,000.00 for the contract year, that agency will receive 2.5% of the 12.5% Buyer’s Premium from the Contractor for all subsequent sales during that contract year.

All costs must be in U.S. Dollars.

The State will not be responsible for any costs not identified.

There will be no additional reimbursement for travel or other related expenses.

CONTRACTOR INDEX

CONTRACTOR AND TERMS: CONTRACT NO.: RSC008684

0000277162 Liquidity Services Operations, LLC TERMS: Net 30

* 6931 Arlington Rd., Ste. 460

* Bethesda, MD 20814

CONTRACTOR’S CONTACT:

Rebecca Murphy Phone: (980) 254-8908 Fax: (334) 387-0519 E-mail: rmurphy@govdeals.com

* E-mail: admin.stateteam@govdeals.com

* Jeremy Barfoot * Phone: (334) 300-8103

* E-mail: admin.stateteam@govdeals.com

* Amended to update the contractor’s address and contact information, per Amendment 1, effective 04/01/24.

mailto:rmurphy@govdeals.com mailto:admin.stateteam@govdeals.com mailto:admin.stateteam@govdeals.com

SUMMARY OF AMENDMENTS

Amendment Number

Effective Date Description

1 04/01/24

As a result of mutual agreement between the State of Ohio and the Contractor, this Amendment is issued to renew the subject contract for an additional 24 months, effective 04/01/24 through 03/31/26. In addition, this amendment is issued to update Liquidity Services Operations, LLC’s address and contact information and add the Summary of Amendments page.

CONTRACT FOR: ONLINE AUCTION SERVICES