PROFESSIONAL_SERVICESAPPROVED

City of Murfreesboro Awards Professional Services Contract to Compass Auctions & Real Estate Llc (March 2026)

Murfreesboro City Council approved an agreement with Compass Auctions & Real Estate, LLC for the provision of auction services for confiscated firearms. The vendor will retain a 12.5% flat fee from sale proceeds under a contract term of one year, renewable for up to three years.

Status
APPROVED
Document date
March 5, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Compass Auctions & Real Estate Llc
Agency
City of Murfreesboro · TN

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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
12.5% flat fee of auction revenues deducted from sale proceeds
Contract type
PROFESSIONAL_SERVICES
Contract term
1 year from Effective Date; renewable annually up to 3 years with mutual agreement
Renewal date
2027-03-05
Renewal
Contract may be renewed annually for up to three years by mutual agreement. Termination permitted with 30-day notice by either party. Amendments must be in writing, annual renewal subject to council and budget approval if needed.
Document type
AgendaPacket
Source document
Murfreesboro City Council Meeting Agenda March 5, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Murfreesboro?

Compass Auctions & Real Estate Llc was awarded this professional services contract by City of Murfreesboro, as recorded on March 5, 2026. The contract value is 12.5% flat fee of auction revenues deducted from sale proceeds.

How much is the Compass Auctions & Real Estate Llc contract with City of Murfreesboro worth?

The Compass Auctions & Real Estate Llc contract with City of Murfreesboro is valued at 12.5% flat fee of auction revenues deducted from sale proceeds, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Murfreesboro City Council Meeting Agenda March 5, 2026 (AgendaPacket), dated March 5, 2026 from City of Murfreesboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Compass Auctions & Real Estate Llc hold?

Compass Auctions & Real Estate Llc 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 Compass Auctions & Real Estate Llc's profile

What is City of Murfreesboro currently buying?

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

View City of Murfreesboro's profile

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