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 by the Office of Information Technology. Entity Name(s)/Address(s): Municibid, 395 Circle of Progress Drive, Suite D, Pottstown, Pennsylvania 19464 Contract Amount: Vendor will be paid a commission percentage from the proceeds of the auction sales, pursuant to the State Contract Funding Source: 011-030-0306-71280/71450/83030/94210 Contract Period: Upon approval of Municipal Council through April 30, 2023, 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 Entity Name/Address: Additional Information: This contract will provide for the sale of surplus property no longer needed for public use on an online auction website on behalf of the City’s Office of Information Technology.