Schedule_of_Rates.xlsx

The document is an attachment (Schedule_of_Rates.xlsx) for the City of Palo Alto's Request for Proposal (RFP184795) for Vehicle & Equipment Auction Services. The RFP seeks a contractor to auction and remarket approximately 550 municipal fleet vehicles and equipment items, with proposals due on Wednesday, October 1, 2025, before 3:00 pm. The contract will cover a maximum period of three years, with the city reserving the right to select multiple auctioneers based on their specific areas of expertise. The auction services require conducting live auctions at least six times annually within the nine-county Bay Area, including comprehensive services such as advertising, online listings, transportation, storage, and detailed record-keeping.

The rate schedule is an uncompleteted form that outlines potential pricing structures for various auction-related services, including commissions, transportation charges, storage fees, and miscellaneous fees. While specific rates are not filled in, the form suggests the city is seeking transparent pricing for services like towing, vehicle inspections, plate processing, and storage. The auction service provider will receive a commission on gross auction proceeds, with additional listing fees ranging from $75 to $500 depending on equipment type and location. The city's fleet includes vehicles from model years 1987 to 2024 from manufacturers like Ford, Chevrolet, Pierce, and International, representing a diverse range of municipal assets. Contractors must meet stringent insurance requirements, including policies from companies with an AM Best's Key Rating of A-:VII or higher.