Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to establish a Universal Term Contract (UTC) for the option to purchase Internet Auction Services UTC with Liquidity Services Operations, LLC. Agencies City wide use auction services, administrated by Finance and Management to dispose of surplus goods. The term of the proposed option contract would be approximately Three (3) years, expiring December 31, 2025, with the option to renew for Two (2) additional one year terms. In addition, the expenditure of $1.00 is hereby authorized from General Budget Reservation BRPO002025.
A formal best value proposal (BVP) solicitation was published for the purchase of internet auction services.
Proposals were evaluated by a Three (3) member committee, based upon various criteria including specification conformity and completeness of response, total cost of ownership, past performance, total cost of ownership and past performance resulting in an award recommendation to Liquidity Services Operations, LLC. .
BID INFORMATION: Request for Quotation RFQ022887 was advertised and proposals were opened October 6, 2022. Seven (7) responses were received.
An evaluation committee consisting of Three (3) representatives from the Department of Finance and Management, Fleet Management and the Purchasing Office, and the Department of Public Utilities. Each member of the committee scored and ranked the proposals. All offers and cost proposals were evaluated in compliance with Columbus City Code 329, the committee submitted final rankings.
Liquidity Services Operations, LLC received the highest score, 89.67 out of 100 points. The selected Offeror provides the widest pool of potential bidders for surplus goods.
The request for purchase of internet auction services used the best value competitive sealed proposal process to award the supplier that provided the relevant criteria specifically listed in the BVP and the lowest cost.
In accordance with t...
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