OTHERAPPROVED

City signs MOU with GovDeals for online auctions

Liquidity Services Operations LLC dba GovDeals entered into an Online Auction Memo of Understanding with the City of Montgomery to provide an online auction platform and related services for surplus asset sales. The agreement sets a 0% commission to the City and a 12.5% buyer's premium paid by buyers, and remains in effect until terminated with 60 days’ notice.

Status
APPROVED
Document date
July 1, 2026
Contract type
OTHER
Vendor
Liquidity Services Operations Llc Dba Govdeals
Agency
City of Montgomery · OH

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Client pays a fee equal to 0% commission; buyers pay a 12.5% buyer's premium
Contract type
OTHER
Contract term
Commences on Effective Date (4/21/2026 version signed around 7/21/2026) and continues until terminated by either party with 60 days written notice
Renewal
MOU is open-ended and continues until either party terminates it with sixty days' prior written notice; includes financial settlement services and ACH remittance terms.
Document type
Resolution
Source document
City of Montgomery Resolution Authorizing Internet Auction of Surplus Personal Property 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Montgomery?

Liquidity Services Operations Llc Dba Govdeals was awarded this government contract by City of Montgomery, as recorded on July 1, 2026. The contract value is Client pays a fee equal to 0% commission; buyers pay a 12.5% buyer's premium.

How much is the Liquidity Services Operations Llc Dba Govdeals contract with City of Montgomery worth?

The Liquidity Services Operations Llc Dba Govdeals contract with City of Montgomery is valued at Client pays a fee equal to 0% commission; buyers pay a 12.5% buyer's premium.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Montgomery Resolution Authorizing Internet Auction of Surplus Personal Property 2026-07-01 (Resolution), dated July 1, 2026 from City of Montgomery. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Liquidity Services Operations Llc Dba Govdeals hold?

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

View Liquidity Services Operations Llc Dba Govdeals's profile

What is City of Montgomery currently buying?

Explore City of Montgomery's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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