Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Use of State Contract(s) #T2581 Auctioneering Services: Internet Auctions to Sell Surplus Property (#19-GNSV1-00696) Purpose: To dispose of obsolete equipment City-wide. Entity Name(s)/Address(s): MUNICIBID, LLC, 395 Circle of Progress Drive, Suite D, Pottstown, Pennsylvania 19464 Contract Amount: Commission percentage from the proceeds of the auction sales, pursuant to the State contract Funding Source: To be determined Contract Period: Upon approval of the Municipal Council through April 30, 2024, inclusive of extensions by the State Contract Basis: ( ) Bid (X) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: This contract will provide for the sale of obsolete property no longer needed for public use on an on-line auction website, on behalf of the City's Department of Public Works, Division of Motors.