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File #: 25-0875    Version: 1
Type: Resolution Status: Approved for Filing
File created: 6/9/2025 In control: Finance & Governance Committee
On agenda: 6/17/2025 Final action:
Title: Approves a revenue contract with Liquidity Services Operations, LLC for an estimated revenue of $11,500,000.00 over the contract term 8-1-2025 to 8-1-2030 by providing a web-based surplus auction platform used by the General Services Purchasing Department to sell the City's surplus property and equipment, citywide (TECHS-202578891-00).
Indexes: Lucas Palmisano
Attachments: 1. RR25-0875_GS_Resolution Request Form - LSO

Other/Miscellaneous Request Template (Appointments; ROW; Code Changes; Zoning Action, etc.)

 

Date Submitted: 6-16-2025

 

Requesting Agency: GS

                               Division:

 

Subject Matter Expert Name: Kris Deutmeyer
Email Address: kris.deutmeyer@denvergov.org
Phone Number:

 

Item Title & Description:

(Do not delete the following instructions)

These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).

 

Both the title and description must be entered between the red “title” and “body” below.  Do not at any time delete the red “title” or “body” markers from this template.

title

Approves a revenue contract with Liquidity Services Operations, LLC for an estimated revenue of $11,500,000.00 over the contract term 8-1-2025 to 8-1-2030 by providing a web-based surplus auction platform used by the General Services Purchasing Department to sell the City’s surplus property and equipment, citywide (TECHS-202578891-00).

body

 

Affected Council District(s) or citywide?

Citywide

Executive Summary with Rationale and Impact:

Detailed description of the item and why we are doing it. This can be a separate attachment.

 

Address/Location (if applicable):

 

Legal Description (if applicable):

 

Denver Revised Municipal Code (D.R.M.C.) Citation (if applicable):

 

Draft Bill Attached?