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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: UP026

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: 04/29/2025

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

Main Information

Agency Contract ID: UP026

FLAIR Contract ID: D2536

Short Title: Auction SV

Long Title: Auctioneer Services for Unclaimed Property

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Active

Date of Execution: 04/29/2025

Date of Beginning: 04/29/2025

Original End Date: 04/28/2028

New Ending Date:

Agency Service Area: UP

Statutory Authority: Ch 717 F.S.

Contract Involves State or Federal Financial Assistance: No

Recipient Type: FOR PROFIT ORGANIZATION INCLUDES SOLE PROPRIETOR

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: Agency negotiated after receiving fewer than two responsive bids, proposals, or replies to a competitive solicitation [s. 287.057(6), F.S.]

State Term Contract ID:

Contract’s Exemption Justification: This contract is a result of negotiating with the vendor after withdrawing from 2324-11 RFP UP; the RFP having received fewer than two responsive responses.

Agency Reference Number:

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: 4/29/2025

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 07/01/2024 2024-2025


No Non-Recurring Budgetary records found for this contract.

Contract Change

No Contract Changes found for the contract.

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
     
1 Auction services Provide Auctioneering Services No Cost
 Displaying 1 to 1 of 1    


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 - D2536 04/29/2025 5/1/2025 9:24:14 AM


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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