CONTRACTAPPROVED

GovDeals Online Auction MOU Approved With Option B4

Putnam County School District
Disclosed value
Flexible Pricing Option B4 (0% Seller – 12.5% Buyer)
From agenda
Approved
Jan 1, 2025

The 30-second brief

What it covers

The Putnam County Board of Education entered into an Online Auction Memo of Understanding with GovDeals, Inc. in November 2012 to provide an online auction system for surplus assets. Under the twelve-month, automatically renewing agreement, the district elected pricing Option B4, in which GovDeals collects proceeds and assesses a 12.5% buyer’s premium with no seller fee.

Who holds it

Govdeals Inc holds this contract with Putnam County School District. Its other public contracts on record include work for Borough of Beachwood and Northern Highlands Regional High School District.

What happens next

Term as filed: Twelve months from second signature date with automatic one-year extensions unless either party gives 60 days written notice prior to anniversary date.

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Contract details

Amount
Flexible Pricing Option B4 (0% Seller – 12.5% Buyer)
Document date
January 1, 2025
Term
Twelve months from second signature date with automatic one-year extensions unless either party gives 60 days written notice prior to anniversary date
Source document
putnam_county_board_of_education_agenda_request_go.pdf (Agenda)

Govdeals Inc's other public contracts

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Questions about this contract

Who was awarded the government contract by Putnam County School District?

Govdeals Inc was awarded this government contract by Putnam County School District, as recorded on January 1, 2025. The contract value is Flexible Pricing Option B4 (0% Seller – 12.5% Buyer).

How much is the Govdeals Inc contract with Putnam County School District worth?

The Govdeals Inc contract with Putnam County School District is valued at Flexible Pricing Option B4 (0% Seller – 12.5% Buyer).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in putnam_county_board_of_education_agenda_request_go.pdf (Agenda), dated January 1, 2025 from Putnam County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Govdeals Inc hold?

Govdeals Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Putnam County School District currently buying?

Explore Putnam County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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