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  5. ›SUR0125- SURPLUS TRAILER EQUIPMENT

Awarded contract·City of Wilmington·North Carolina

SUR0125- SURPLUS TRAILER EQUIPMENT

$7kSingle Award
Contract source

Description

This is a municipal surplus equipment auction conducted by the City of Wilmington, North Carolina. The city is offering a single surplus Polaris ATV for sale via the online GovDeals platform. Interested parties must schedule an inspection appointment on January 15, 2025 at the Wilmington Convention Center, then submit bids online before the auction closes on January 24, 2025. The city reserves the right to reject any or all bids and to add or delete items at its discretion. No price floor, reserve price, or warranty terms are disclosed. The procurement is a straightforward open‑competition auction of a single piece of equipment, with no additional services, construction, or performance requirements. • Auction period: Jan 10 – Jan 24 2025 (online). • Inspection required on Jan 15 2025 (10 am‑1 pm) at Wilmington Convention Center. • No vendor has been awarded yet; the winning bidder will pay the auction price. • The city may reject all bids or modify the item list at any time.

Attached files

Key dates

Bids closed
1/24/2025
Starts
1/10/2025
Ends
1/24/2025
Duration
14 days

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Wholesale
NAICS
423910
Solicitation №
SUR0125

Contract value

$6,500

The advertisement provides no price information. A new Polaris ATV typically retails for $8,000‑$12,000; used surplus units often sell for 50‑70 % of retail value. Assuming a mid‑range used price of roughly $7,000, the likely winning bid could fall between $5,000 and $8,000. Considering municipal pricing practices that aim for quick disposal, a conservative estimate of $6,500 is reasonable. This estimate accounts for the vehicle’s age, condition, market demand for used ATVs, and the city’s objective to recover some value without a reserve price.

AI estimate from the award documents

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