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A resolution accepting the terms of a cooperative purchasing master agreement for auction services for surplus asset sales for government agencies for the Department of General Services.
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WHEREAS, Tennessee Code Annotated § 12-3-1205(b) allows the Metropolitan Government of Nashville and Davidson County (“Metro”) to participate in a cooperative purchasing agreement for the procurement of any goods, supplies, services, or equipment with one or more governmental entities outside this state; and,
WHEREAS, Tennessee Code Annotated § 12-3-1205(b) allows Metro to participate in an out-of-state master agreement by adopting a resolution accepting the terms of the master agreement; and,
WHEREAS, the Purchasing Agent desires to participate in the master agreement between Region 14 Education Service Center, a state of Texas governmental agency, and Liquidity Services Operations, LLC., a copy of which is attached hereto and incorporated herein.
WHEREAS, approval of the master agreement is in the best interest of the citizens of the Metropolitan Government of Nashville and Davidson County.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the master agreement between Region 14 Education Service Center, a state of Texas governmental agency, and Liquidity Services Operations, LLC., a copy of which is attached hereto and incorporated herein, is hereby approved.
Section 2. That this resolution shall take effect from and after its adoption, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Agenda Analysis
Analysis
This resolution accepts the terms of a cooperative purchasing master agreement for surplus asset sales for government agencies for the Department of General Services. The purchase agreement is between Region 14 Education Service Center, which is a state of Texas governmental agency, and Liquidity Services Operations, LLC. The contract will permit General services to operate online auctions in the eBid system. Through the online auction service, the winning bidder will pay a percentage of the winning bid to the contractor for the service fee. There is no cost to Metro.
According to the Cooperative Request Review form, the pricing in the cooperative purchase agreement leveraged the scale of the Omnia membership and a competitive RFP with five offers. It is unlikely that Metro would obtain a better value through a competitive solicitation. The agreement is valid through July 25, 2029.
T.C.A. § 12-3-1205(b) authorizes local governments to participate in cooperative purchasing agreements with governmental entities outside of the state as long as the goods or services were competitively procured by the other governmental entity. T.C.A. § 12-3-1205(b) further provides that local governments may participate in a master agreement by adopting a resolution accepting the terms of the master agreement.
Fiscal Note: According to the Cooperative Request Review form from the Division of Purchases, this is a revenue generating contract and thus the anticipated project cost is $0.