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City of Fairbanks·Alaska

24-01 Rfp Auctioneer Services

Closes 2/16/2024$30k – $60kRequest for Proposal
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Description

The City of Fairbanks is seeking a qualified auctioneer to conduct on‑site public auctions of city‑owned, impounded, and surplus items, including occasional firearms auctions. The contract will run for a minimum of two years, with up to three one‑year renewal options, and requires the provider to handle all pre‑auction preparation, advertising, on‑site staffing, post‑auction support, reporting, and financial reconciliation. The award will be based on qualifications, proposed procedures, and the commission fee percentage offered. • Conduct bi‑annual (or more) on‑site auctions at the Public Works Yard, handling lot preparation, tagging, photography, and on‑site security. • Provide full advertising package (newspaper, radio, website, social media) and manage bidder registration, cash handling, credit‑card processing, and final sales reporting within three business days of each auction. • Maintain required bonding ($100 k), insurance, and background clearances; submit bid guarantee, and comply with all City procurement regulations.

Attached files

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Contact

Christina Rowlett(Purchasing Agent)

[email protected]

(907) 459-6779

Key dates

Opened
1/26/2024
Questions due
2/9/2024
Closes
2/16/2024
Projected award
3/12/2024
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Event Services
NAICS
561990
Solicitation №
24-01

Budget estimate

$30,000 – $60,000

Based on the City’s historical gross auction sales (~$180 K per year) and typical auctioneer commission rates of 10‑15%, the expected revenue to the awardee would be roughly $18‑27 K annually. Over the minimum two‑year term, this translates to a total contract value in the range of $30 K to $60 K, depending on the commission percentage proposed and any additional fees for credit‑card processing or extra advertising.

AI estimate from the solicitation

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