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PROPOSED CONTRACT
Department(s): Cook County Sheriff
Vendor: PropertyRoom.com, Fredrick, Maryland
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): The collection and selling of unclaimed/forfeited surplus property.
Contract Value: $0.00 cost
Contract period: 3/13/2014 - 3/12/2019
Potential Fiscal Year Budget Impact: None. Revenue Generating, estimated to be $50,000.00 in first year of contract
Accounts: N/A
Contract Number(s): 1411-13472
Concurrences:
The vendor has met the Minority and Women Owned Business Enterprise Ordinance.
The Chief Procurement Officer concurs.
Summary: This internet based auction service will collect and sell unclaimed/forfeited surplus property that has been collected by the Cook County Sheriff Department, in the process of its law enforcement operations. All surplus property collected shall be sold by public auction over the internet to the highest bidder. The County will receive a set percent of all items sold. Funds received will be remitted to the County's Miscellaneous Revenue.
This is a Comparable Government Procurement pursuant to Section 34-140 of the Procurement Code. PropertyRoom.com was previously awarded a contract by the New York City Police Department, New York through a competitive Request for Proposal process. Cook County wishes to leverage this procurement effort.
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