From
Bryce Davis, Purchasing Manager
Title
Contract for auctioneering services with Rene Bates Auctioneers, through BuyBoard, and authorize the vendor to charge a 10% Buyer's Premium on all City property auctioned off
Presenter
Bryce Davis, Purchasing Manager
Recommend Action
Approve
Analysis
Chapter 271.102 of the Local Government Code authorizes local governments to participate in a cooperative purchasing program with another local government or local cooperative organizations for the performance of governmental functions or services including administrative functions normally associated with the operations of governments. The competitive bid process is conducted by the sponsoring entity or agency such as the State of Texas, BuyBoard entities, etc. and saves money by pooling the impressive purchasing power numbers of their members (school districts, municipalities, counties, other local governments, and non-profits across Texas).
Rene Bates Auctioneers has been utilized by the City since 2004 for auctioning city-wide surplus property, seized and abandoned property, and retired fleet vehicles and equipment through a national, inter-local agreement with BuyBoard. Auctions are conducted through the internet and live auction. The contract will begin on January 10, 2018 and end on August 31, 2019, with one (1) one-year renewal option that would expire on August 31, 2020. This contract would allow Rene Bates Auctioneers to charge a 10% Buyer's Premium that is passed off onto the successful buyer resulting in zero cost to the City.
BuyBoard contract 541-17 was effective 09/01/2017 and set to expire 08/31/2020.
Financial Consideration
None. Rene Bates Auctioneers will charge a 10% Buyer' Premium passed off onto the successful bidder of City property.