City of Salem Board of Aldermen Agenda Packet 2026-05-26
City Adds J.J. Kane Exchange For Online Auctions
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Description
The City of Salem plans to enter into an agreement including J.J. Kane Exchange LLC to provide online auction and related services for the sale of City vehicles and equipment. The open-ended contract allows the firm to act as auctioneer for items sold from non-J.J. Kane sites, with commissions deducted from sale proceeds.
Contract Details
Vendor
J.J. KANE EXCHANGE LLC
Agency
Town of Salem, MO
Contract Type
OTHER
Document Date
May 26, 2026
Contract Term
Effective May 12, 2026; continues until terminated by either party with 60 days’ written notice
Renewal Info
Agreement may be terminated by either party with 60 days’ written notice; auctioneer may continue efforts to sell unsold items for an additional 60 days after termination.
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