1941-25-R-IFBD-00018-V02

The Mississippi Department of Transportation (MDOT) is seeking a contractor to provide comprehensive auction services for surplus equipment and vehicles. The procurement is initiated through Invitation for Bid (IFB) 1941-25-R-IFBD-00018-V02, with a bid opening scheduled for Friday, October 25, 2024. The contract will have an initial three-year term with potential extensions up to a maximum of thirty-six months, specifically approved through the Commission on October 31, 2026. Qualified vendors must demonstrate expertise in managing all aspects of auction services, including advertising, site management, and financial settlement of sold assets. Bidders are required to complete the Qualifications and References Form, which evaluates company background, years in business, key personnel experience, and provides references from previous similar projects. The procurement process mandates that vendors be enrolled in the federal E-Verify program to verify employee employment eligibility, with ongoing participation required throughout the contract period.

No specific set-aside designations or restrictions for disadvantaged enterprises were explicitly identified in the procurement documents. The documents do not indicate an incumbent vendor for these auction services. While precise award values were not specified, the contract will generate revenue through commission percentages on auction sales of surplus MDOT equipment and vehicles. Bidders must submit their responses through the MAGIC procurement portal, following specific instructions for electronic submission. Potential vendors will need to demonstrate capabilities in online and in-person auction management, asset marketing, and comprehensive reporting. The contract appears to be funded through MDOT's operating budget, with revenue generated from the auction sales themselves serving as the primary financial mechanism. Interested bidders must carefully review all attachments, including the EEV Certification, Qualifications Form, and response instructions to ensure a complete and compliant bid submission.