Reverse Auction Services

The Commonwealth of Kentucky's Finance and Administration Cabinet, Office of Procurement Services is seeking a qualified vendor to provide Reverse Auction Services on behalf of the Commonwealth. The selected vendor will be responsible for conducting the reverse auction as an agent of the Commonwealth and managing all related activities. The initial contract term is for one year with three additional two-year renewal options. Proposals are due by September 30, 2024 at 3:30 PM ET. The RFP outlines the scope of work, vendor responsibilities, technical and cost proposal requirements, and evaluation criteria. Pricing terms are specified, indicating that price increases shall not occur during the first 12 months of the contract, and after 12 months, price increases may be requested and granted or denied by the Commonwealth. The Commonwealth is tax-exempt, and pricing should not include federal, state, or local taxes.

The RFP does not provide any set-aside designations or restrictions on the types of organizations that can respond. There is no mention of an incumbent contractor or any existing infrastructure or technology that requires integration. The RFP does not specify an award value or budget range for this procurement.