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Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: UP005

Long Title: Auctioneer Services for Unclaimed Property

Vendor Name: FISHER AUCTION CO.INC.

Total Contract Amount: $0.00

Total Budgetary Amount: $0.00

Total Payment To Date: NA

Date of Execution: 06/27/2018

General Description: The purpose of this contract is secure auctioneer services for tangilble items of commercial value items remitted to the Division of Unclaimed Property under F.S. 717. The proceeds from the auciton are posted to the orignal owner's account and made claimable indefinetly. This is a zero-cost contract where the contractor receives revenues through a buyers premuim that is paid by the bidder/buyer.

Main Information

Agency Contract ID: UP005

FLAIR Contract ID: D1262

Short Title: Auction SV

Long Title: Auctioneer Services for Unclaimed Property

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 06/27/2018

Date of Beginning: 06/27/2018

Original End Date: 06/26/2021

New Ending Date: 12/26/2024

Agency Service Area: UP

Statutory Authority: 717.122 (1) F.S.

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Agency Request For Proposals [s. 287.057(1)(b), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number: 1718-14 RFP UP

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $0.00

Total Contract Amount: $0.00

Total Recurring Budgetary Amount: $0.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $0.00

Total Unfunded Amount: $0.00

As of Date: 7/9/2018

No Recurring Budgetary records found for this contract.

Non-Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$0.00 43-71-2-007001-43200200-00-100777-00 07/01/2018 2018-2019

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Amendment $0.00 E1 Extension 06/27/2024 10/13/2023 12/26/2024
Renewal $0.00 R1A1 Renewal and amendment 04/09/2021 04/09/2021 06/26/2024

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
FISHER AUCTION CO.INC. FISHER AUCTION COMPANY POMPANO BEACH FL 330620000 African-American, Non Certified

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
Auction services In addition to a public auction, the Department, at its discretion, may require the Contractor to pe... Fixed Fee / Unit Rate
     
Auction services At the conclusion of the auction the Contractor shall submit the following accounting reports to the... Fixed Fee / Unit Rate
     
Auction services Withing five (5) business days of the conclusion of the auction, the Contractor shall return unsold ... Fixed Fee / Unit Rate
     
Auction services The Contractor shall be responsible for collecting all funds due from the public sale. Within five (... Fixed Fee / Unit Rate
     
Auction services The Contractor shall be responsible for conducting a public auction and selling unclaimed property t... Fixed Fee / Unit Rate
     
Auction services The Contractor shall be responsible for all components and costs associated with the public display ... Fixed Fee / Unit Rate
     
Auction services Transportation of the property shall be performed by a licensed, bonded courier and include two (2) ... Fixed Fee / Unit Rate
     
Auction services The Contractor shall take custody of the property prior to the auction. Tags, labels, and other ide... Fixed Fee / Unit Rate
     
Auction services The Contractor shall be responsible for providing maximum security for the property to be auctioned ... Fixed Fee / Unit Rate
     
Auction services The Contractor shall make the auction catalog available at no cost to the public in PDF format from ... Fixed Fee / Unit Rate
     
Auction services The contractor shall purchase a minimum of three advertisements at their expense. The first adverti... Fixed Fee / Unit Rate
     
Auction services Not less than Four (4) weeks prior to receipt of the property by the Contractor, a written detailed ... Fixed Fee / Unit Rate
     
Auction services Not less than four weeks prior to taking custody of the items to be auctioned, the Contractor will p... Fixed Fee / Unit Rate
     
Auction services Not less than eight (8) weeks prior to the auction, the Contractor shall set forth in writing the te... Fixed Fee / Unit Rate
     
Auction services Contractor shall secure an auction site in compliance with this RFP at the Contractor's expense whic... Fixed Fee / Unit Rate
     
Auction services The following licensed personnel must currently be on staff and remain on staff throughout the life ... Fixed Fee / Unit Rate
 Displaying 1 to 16 of 16    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.
  

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D1262 06/27/2018 7/9/2018 3:54:01 PM
Procurement Original Contract - D1262 7/9/2018 5:00:02 PM
Amendment E1 10/13/2023 10/13/2023 1:20:25 PM
Renewal R1A1 04/09/2021 4/12/2021 4:05:22 PM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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