Town of Parma AgendaPacket Town Board Meeting 2026-05-18
Parma Renews Surplus Asset Auction Contract
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Description
The Town of Parma plans to renew its online auction agreement with Auctions International Inc for selling surplus vehicles, machinery, equipment, and other assets, with a two-year term and no seller commission. Buyers pay a premium on winning bids, and the Town receives net proceeds within 15 business days after each sale.
Contract Details
Vendor
AUCTIONS INTERNATIONAL INC
Agency
Town of Parma, NY
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 18, 2026
Contract Term
Two years after the agreement is executed; cancellable at any time for convenience by Seller
Renewal Info
Contract pricing and terms remain in effect for two years from execution, with the Town (Seller) retaining the right to terminate at any time for convenience. Unsold merchandise may be re-listed online at no cost to the Town.
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