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HomeMy WebLinkAboutAUCTIONS PLUS INC. 1-2005INSURANCE NOT iJN PLE WORK MAY NOT PROCEED CLERK OF COUNCIL DATE: 6 `7-`5 C : FrnS (b O L-4vtr') A- 2005 -091 AUCTIONEER AGREEMENT THIS AGREEMENT, made and entered into this v�� a/ day of MAT, 2005 by and between Auction Plus Inc. a California Corporation (hereinafter "Auctioneer "), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City"). RECITALS A. The City desires to retain an Auctioneer having special skill and knowledge in the field of municipal auction services. B. Santa Ana Municipal Code Chapter 2 -703.1 provides that the Executive Director of Finance may employ professional auctioneers and clerks to conduct auctions who shall receive compensation solely out of the proceeds. C. Auctioneer represents that Auctioneer is able and willing to provide such services to the City. D. In undertaking the performance of this Agreement, Auctioneer represents that it is knowledgeable in its field and that any services performed by Auctioneer under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: 1. SCOPE OF SERVICES Auctioneer shall perform those services as set forth in Exhibit A (Auction Plus hic. Proposal Response) as well as Exhibit C (City of Santa Ana Request for Proposal and any Addendums thereto) to this Agreement as well as the services listed in this section. In the event of a conflict between the terms of this Agreement and any attachments and /or Exhibits hereto, the terms of this Agreement shall prevail. City hereby retains Auctioneer to conduct a public auctions of the City's surplus personal property and Auctioneer hereby agrees to conduct such auctions as said personal property is received by Auctioneer, and such auctions to be on the following terms and conditions: 1) The public auction will be held on the premises of Auctioneer as hereinafter provided. In the event the City determines said auction should be held at a different location, City and Auctioneer may agree in writing executed by the Executive Director of Finance and the City Attorney to the new location. 2) All Sales Shall Be For Cash and the purchase price shall be paid forthwith upon the sale being declared by the Auctioneer. 3) Auctioneer shall sell City surplus property to the highest bidder unless otherwise previously agreed upon by the City and Auctioneer in writing executed by the Executive Director of Finance and the City Attorney. 4) Auctioneer shall at its own expense provide for all advertising. 5) Auctioneer shall furnish and provide at its own expense such clerks and assistance necessary for the proper conduct of the sales. 6) As soon as reasonably possible after the completion of the sale, Auctioneer will make full settlement with the City less Auctioneer' commission in accordance with this Agreement. 7) City shall execute and deliver any and all bills of sale or other documents which may be necessary to evidence transfer of ownership of any surplus item or items or otherwise to effectuate the terms of this Agreement. 8) Auctioneer will announce at the sale that all surplus items are being sold as is and without any warranty, expressed or implied, of merchantability or otherwise except as to title and the accuracy of the description in the public auction. 9) Auctioneer agrees to receive any and all surplus items regardless of condition. 10) Auctioneer will to respond to a request for pick -up of surplus personal property within 24 hours to schedule a time and place for pickup of said property. 11) Auctioneer agrees to work with the City to set a minimum bid on any all property subject to this agreement. 12) If minimum bid is not met after (2) auctions. Auctioneer agrees to contact the City to determine whether to continue with said minimum bid or to reduce the minimum BID amount. Any determination to reduce the minimum bid amounts shall be evidenced by a writing signed by the City and Auctioneer. 13) Auctions Plus will not charge the City a fee or commission for auctioneer services. 2. COMPENSATION a. City agrees to pay, and Auctioneer agrees to accept as total payment for its services, a sum equal to ten percent (10 %) of the sale price of vehicles and equipment sold and fifteen percent (15 %) of the sale price for miscellaneous surplus property. City shall at its discretion determine whether any property subject to this agreement is considered vehicles and equipment or miscellaneous property. Said determination will be made before the items are transferred to Auctioneer. Said percentage shall be retained by Auctioneer from the proceeds of sale, with the balance being remitted to the City within fifteen (15) calendar days after the sale. At a minimum, Auctioneer shall submit with the sale proceeds a detailed statement documenting lot numbers, vehicle identification numbers, and/or any City issued property tracking numbers, the amounts paid for each item, purchasers' name(s) and addresses, and the amount of the Auctioneer's commission. City may require other tracking information or purchaser information at its sole discretion. 3. TERM This Agreement shall commence on the date first written above and terminate on June 1, 2007, unless terminated earlier in accordance with Section 12, below. City may, at its option, extend this agreement for 2 additional one -year periods subject the same terms and conditions contained herein. The term of this Agreement may be extended upon a writing executed by the Executive Director of Finance and Management and the City Attorney. 4. INDEPENDENT CONTRACTOR Auctioneer shall, during the entire term of this Agreement, be construed to be an independent contractor and not an employee of the City. This Agreement is not intended nor shall it be construed to create an employer - employee relationship, a joint venture relationship, or to allow the City to exercise discretion or control over the professional manner in which Auctioneer performs the services which are the subject matter of this Agreement; however, the services to be provided by Auctioneer shall be provided in a manner consistent with all applicable standards and regulations governing such services. Auctioneer shall pay all salaries and wages, employer's social security taxes, unemployment insurance and similar taxes relating to employees and shall be responsible for all applicable withholding taxes. 5. INSURANCE Prior to undertaking performance of work under this Agreement, Auctioneer shall maintain and shall require its subcontractors, if any, to obtain and maintain insurance as described below: a. Commercial General Liability Insurance. Auctioneer shall maintain commercial general liability insurance naming the City, its officers, employees, agents, volunteers and representatives as additional insured(s) and shall include, but not be limited to protection against claims arising from bodily and personal injury, including death resulting therefrom and damage to property, resulting from any act or occurrence arising out of Auctioneer's operations in the performance of this Agreement, including, without limitation, acts involving vehicles. The amounts of insurance shall be not less than the following: single limit coverage applying to bodily and personal injury, including death resulting therefrom, and property damage, in the total amount of $1,000,000 per occurrence. Auctioneer shall supply City with a fully executed additional insured endorsement in substantially the form attached hereto as Exhibit B upon execution of this Agreement and shall be approved in form by the City Attorney. b. Business automobile liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per occurrence. Such insurance shall include coverage for owned, hired and non -owned automobiles. c. Worker's Compensation Insurance. In accordance with the provisions of Section 3300 of the Labor Code, Auctioneer, if Auctioneer has any employees, is required to be insured against liability for worker's compensation or to undertake self - insurance. Prior to commencing the performance of the work under this Agreement, Auctioneer agrees to obtain and maintain any employer's liability insurance with limits not less than $1,000,000 per accident. d. If Auctioneer is or employs a licensed professional such as an architect or engineer: Professional liability (errors and omissions) insurance, with a combined single limit of not less than $1,000,000 per claim. e. The following requirements apply to the insurance to be provided by Auctioneer pursuant to this section: (i) Auctioneer shall maintain all insurance required above in full force and effect for the entire period covered by this Agreement. (ii) Certificates of insurance shall be furnished to the City upon execution of this Agreement and shall be approved in form by the City Attorney. (iii) Certificates and policies shall state that the policies shall not be canceled or reduced in coverage or changed in any other material aspect without thirty (30) days prior written notice to the City. f. If Auctioneer fails or refuses to produce or maintain the insurance required by this section or fails or refuses to furnish the City with required proof that insurance has been procured and is in force and paid for, the City shall have the right, at the City's election, to forthwith terminate this Agreement. Such termination shall not effect Auctioneer's right to be paid for its time and materials expended prior to notification of termination. Auctioneer waives the right to receive compensation and agrees to indemnify the City for any work performed prior to approval of insurance by the City. 6. INDEMNIFICATION Auctioneer agrees to and shall indemnify and hold harmless the City, its officers, agents, employees, Auctioneers, special counsel, and representatives from liability: (1) for personal injury, damages, just compensation, restitution, judicial or equitable relief arising out of claims for personal injury, including health, and claims for property damage, which may arise from the direct or indirect operations of the Auctioneer or its contractors, subcontractors, agents, employees, or other persons acting on their behalf which relates to the services described in section 1 of this Agreement; and (2) from any claim that personal injury, damages, just compensation, restitution, judicial or equitable relief is due by reason of the terms of or effects arising from this Agreement. This indemnity and hold harmless agreement applies to all claims for damages, just compensation, restitution, judicial or equitable relief suffered, or alleged to have been suffered, by reason of the events referred to in this Section or by reason of the terms of, or effects, arising from this Agreement. The Auctioneer further agrees to indemnify, hold harmless, and pay all costs for the defense of the City, including fees and costs for special counsel to be selected by the City, regarding any action by a third party challenging the validity of this Agreement, or asserting that personal injury, damages, just compensation, restitution, judicial or equitable relief due to personal or property rights arises by reason of the terms of, or effects arising from this Agreement. City may make all reasonable decisions with respect to its representation in any legal proceeding. 7. CONFIDENTIALITY If Auctioneer receives from the City information which due to the nature of such information is reasonably understood to be confidential and/or proprietary, Auctioneer agrees that it shall not use or disclose such information except in the performance of this Agreement, and further agrees to exercise the same degree of care it uses to protect its own information of like importance, but in no event less than reasonable care. "Confidential Information" shall include all nonpublic information. Confidential information includes not only written information, but also information transferred orally, visually, electronically, or by other means. Confidential information disclosed to either party by any subsidiary and/or agent of the other party is covered by this Agreement. The foregoing obligations of non -use and nondisclosure shall not apply to any information that (a) has been disclosed in publicly available sources; (b) is, through no fault of the Auctioneer disclosed in a publicly available source; (c) is in rightful possession of the Auctioneer without an obligation of confidentiality; (d) is required to be disclosed by operation of law; or (e) is independently developed by the Auctioneer without reference to information disclosed by the City. 8. CONFLICT OF INTEREST CLAUSE Auctioneer covenants that it presently has no interests and shall not have interests, direct or indirect, which would conflict in any manner with performance of services specified under this Agreement. 9. NOTICE Any notice, tender, demand, delivery, or other communication pursuant to this Agreement shall be in writing and shall be deemed to be properly given if delivered in person or mailed by first class or certified mail, postage prepaid, or sent by telefacsimile or other telegraphic communication in the manner provided in this Section, to the following persons: To City: Clerk of the City Council City of Santa Ana 20 Civic Center Plaza (M -30) P.O. Box 1988 Santa Ana, CA 92702 -1988 telefacsimile (714) 647 -6956 With courtesy copies to: and, Executive Director of Finance and Management City of Santa Ana 20 Civic Center Plaza (M -11) P.O. Box 1988 Santa Ana, California 92702 telefacsimile (714) 647 -5400 City Attorney City of Santa Ana 20 Civic Center Plaza (M -29) P.O. Box 1988 Santa Ana, California 92702 telefacsimile (714) 647 -6515 To Auctioneer: Auction Plus 13631 -D Harbor Blvd. Garden Grove, CA 92842 A party may change its address by giving notice in writing to the other party. Thereafter, any notice, tender, demand, delivery, or other communication shall be addressed and transmitted to the new address. If sent by mail, any notice, tender, demand, delivery, or other communication shall be effective or deemed to have been given three (3) days after it has been deposited in the United States mail, duly registered or certified, with postage prepaid, and addressed as set forth above. If sent by telefacsimile, any notice, tender, demand, delivery, or other communication shall be effective or deemed to have been given twenty -four (24) hours after the time set forth on the transmission report issued by the transmitting facsimile machine, addressed as set forth above. For purposes of calculating these time frames, weekends, federal, state, County or City holidays shall be excluded. 10. EXCLUSIVITY AND AMENDMENT This Agreement represents the complete and exclusive statement between the City and Auctioneer, and supersedes any and all other agreements, oral or written, between the parties. In the event of a conflict between the terms of this Agreement and any attachments hereto, the terms of this Agreement shall prevail. This Agreement may not be modified except by written instrument signed by the City and by an authorized representative of Auctioneer. The parties agree that any terms or conditions of any purchase order or other instrument that are inconsistent with, or in addition to, the terms and conditions hereof, shall not bind or obligate Auctioneer nor the City. Each party to this Agreement acknowledges that no representations, inducements, promises or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein. 11. ASSIGNMENT Inasmuch as this Agreement is intended to secure the specialized services of Auctioneer, Auctioneer may not assign, transfer, delegate, or subcontract any interest herein without the prior written consent of the City and any such assignment, transfer, delegation or subcontract without the City's prior written consent shall be considered null and void. Nothing in this Agreement shall be construed to limit the City's ability to have any of the services which are the subject to this Agreement performed by City personnel or by other Auctioneers retained by City. 12. TERMINATION This Agreement may be terminated by the City upon thirty (30) days written notice of termination. In such event, Auctioneer shall be entitled to receive and the City shall pay Auctioneer compensation for all services performed by Auctioneer prior to receipt of such notice of termination, subject to the following conditions: a. As a condition of such payment, the Executive Director may require Auctioneer to deliver to the City all work product completed as of such date, and in such case such work product shall be the property of the City unless prohibited by law, and Auctioneer consents to the City's use thereof for such purposes as the City deems appropriate. b. Payment need not be made for work which fails to meet the standard of performance specified in the Recitals of this Agreement. 13. DISCRIMINATION Auctioneer shall not discriminate because of race, color, creed, religion, sex, marital status, sexual orientation, age, national origin, ancestry, or disability, as defined and prohibited by applicable law, in the recruitment, selection, training, utilization, promotion, termination or other employment related activities. Auctioneer affirms that it is an equal opportunity employer and shall comply with all applicable federal, state and local laws and regulations. 14. JURISDICTION - VENUE This Agreement and all questions relating to its validity, interpretation, performance, and enforcement shall be government and construed in accordance with the laws of the State of California. This Agreement has been executed and delivered in the State of California and the validity, interpretation, performance, and enforcement of any of the clauses of this Agreement shall be determined and governed by the laws of the State of California. Both parties further agree that Orange County, California, shall be the venue for any action or proceeding that may be brought or arise out of, in connection with or by reason of this Agreement. 15. PROFESSIONAL LICENSES Auctioneer shall, throughout the term of this Agreement, maintain all necessary licenses, permits, approvals, waivers, and exemptions necessary for the provision of the services hereunder and required by the laws and regulations of the United States, the State of California, the City of Santa Ana and all other governmental agencies. Auctioneer shall notify the City immediately and in writing of her inability to obtain or maintain such permits, licenses, approvals, waivers, and exemptions. Said inability shall be cause for termination of this Agreement. 16. MISCELLANEOUS PROVISIONS a. Each undersigned represents and warrants that its signature hereinbelow has the power, authority and right to bind their respective parties to each of the terms of this Agreement, and shall indemnify City fully, including reasonable costs and attorney's fees, for any injuries or damages to City in the event that such authority or power is not, in fact, held by the signatory or is withdrawn. b. All Exhibits referenced herein and attached hereto shall be incorporated as if fully set forth in the body of this Agreement. IN WITNESS WHEREOF, the parties hereto have executed this Agreement the date and year first above written. ATTEST: Patricia E. Healy ClerY of the Council APPROVED AS TO FOIj : Joseph . FletchreV/ City Attorney RECOMMENDED FOR APPROVAL: Francisco Gutierrez Finance & Management Services Agency CITY OF SANTA ANA a municipal corporation of the State of California avid N. Ream City Manager Employer ID #: ° EXHIBIT B ADDITIONAL INSURED ENDORSEMENT FOR COMMERCIAL GENERAL LIABILITY POLICY Insurance Company This endorsement modifies such insurance as is afforded by the provisions of Policy # relating to the following: 1. The City of Santa Ana, 20 Civic Center Plaza, Santa Ana, California 92701; its officers, employees, agents, volunteers and representatives are named as additional insureds ( "additional insureds ") with regard to liability and defense of suits arising from the operations and uses performed by or on behalf of the named insured. 2. With respect to claims arising out of the operations and uses performed by or on behalf of the named insured, such insurance as is afforded by this policy is primary and is not additional to or contributing with any other insurance carried by or for the benefit of the additional insureds. 3. This insurance applies separately to each insured against whom claim is made or suit is brought except with respect to the company's limits of liability. The inclusion of any person or organization as an insured shall not affect any right which such person or organization would have as a claimant if not so included. 4. With respect to the additional insureds, this insurance shall not be cancelled, or materially reduced in coverage or limits except after thirty (30) days written notice has been given to the City of Santa Ana, 20 Civic Center Plaza, Santa Ana, California 92701. (Completion of the following, including countersignature, is required to make this endorsement effective.) Effective Policy # Issued to this endorsement form as a part of Named Insured Countersigned by Authorized Representative Request For Proposal AUCTIONEER SERVICES RFP # 05 -006 Ism ed February 2, 2005 Closing Location City of Santa Ana, Purchasing Division, Fourth Floor, Room 429 20 Civic Center Plaza, Santa Ana, California 92701 Closing February 16, 2005 at 5:00 p.m. RFP Contact Ed Riquier (714) 647 -3354 MANDATORY PRE -BID MEETING: February 10, 2005 @ 10:00 am Meeting will be held at City Stores, 215 S. Center Street, Building A, Santa Ana, CA 92703 Please park in spaces adjacent to warehouse. AUCTIONEER SERVICES FOR THE SALE OF UNCLAIMED AND SURPLUS CITY PROPERTY GENERAL DESCRIPTION The City of Santa Ana is seeking auctioneer services to conduct public sale of City surplus vehicles and surplus property. The term of the agreement shall be two (2) years with a provision for up to three one -year renewals. STANDARD TERMS AND CONDITIONS PROPOSAL SUBMISSION Proposals must be submitted to Purchasing Office in a sealed envelope showing on the outside, the name of the bidder, "RFP# 05- 006 ", and date and time due. A representative authorized to legally bind the vendor must sign proposals. 2. PROPOSAL WITHDRAWAL Proposals may be withdrawn by written request at least one hour before the time set for the opening. 3. LATEPROPOSALS It is the responsibility of the bidder that any proposal submitted has sufficient time to be received by the Purchasing Office prior to proposal due date and time. Late proposals will be returned unopened. 4. REOUIRED DOCUMENTS Bidder must submit one (1) original and 5 complete photocopies of each Proposal. 5. RIGHTS RESERVED City of Santa Ana reserves the right to reject any or all proposals, separate bidders, select more than one vendor or to waive any informality or technical defect in a proposal. 6. CONTRACT Bidder's signed proposal and written acceptance by the City shall constitute a binding agreement to provide services as detailed herein (Successful Bidder). Successful bidder will also be required to enter into a formal Contract with the City where more detailed terms and conditions will be described. BIDDER AGREEMENT Submission of a signed proposal without deviations will be interpreted to mean that bidder agrees to all the terms and conditions set forth in all of the documents that make up this Request For Proposal. The City may reject any deviations noted by the bidder. Page I of 8 1.0 SCOPE OF WORK 1.1 General vendor requirements and responsibilities include, but are not limited to, the following: SURPL US PREPARATION & PROCESSING • The vendor will assume all liabilities, responsibilities and ownership upon receipt of property and transfer of title. • The Auctioneer is responsible for processing all Department of Motor Vehicles (DMV) paperwork including vehicle ownership transfer, at no cost to the City. • The Auctioneer will provide designated City representative a listing of all vehicles and items to be auctioned no less than (5) business days prior to the scheduled auction date. • Prior to auction, the Auctioneer will conduct adequate safety inspections on all City vehicles, at no cost to the City. Any auction items requiring correction must be reported prior to auction. • The Auctioneer will provide at no charge to the City, minor detailing of vehicles including washing and vacuuming, and shall correct any minor problems that may effect the selling price of a vehicle, such as a dead battery, flat tire, or any other minor problems. Items that are not corrected must be reported prior to auction. VENDOR COMMUNICATION Auctioneer agrees to inform designated City representative of any misunderstandings or miscommunications that the auctioneer may have with a bidder regarding City property within two business days after bidding in question. • The Auctioneer agrees to inform designated City representative of any other mode of sale different than the standard auction (i.e., internet sale, sealed bid). • The Auctioneer agrees to conduct public sale of CITY property held by AUCTIONEER. In conducting said sale, AUCTIONEER assumes the responsibility to advertise and shall pay all advertising costs including but Page 3 of 8 through designated City representative . The auctioneer shall not pick -up any items from, nor have any contact with the Police Department or any other departments, without the authorization or supervision of the designated City representative. Failure to obtain the proper authorization and supervision shall invalidate the City's agreement. • Auctioneer is responsible for providing adequate 24 -hour security for all surplus items at the auction site and storage location. Auctioneer shall identify location and provide access to Auctioneer's storage facility and shall bear all costs related to said storage. AUCTIONEER shall provide temporary storage for auction items at no charge to the City. Auctioneer must notify City of any storage location or alternative arrangements. • Auctioneer agrees to move any and all surplus under accepted safety standards and rules established by federal, state and local agencies. SURPLUS LIQUIDATION • The auctioneer will accept and agree to sell at public auction surplus property regardless of type or condition. The Auctioneer agrees to work with designated City representative to set a minimum bid value on auction items. • In the event that the minimum bid for a vehicle has not been met after two auctions, Auctioneer agrees to inform designated City representative and discuss lowering the minimum bid. • City is not obligated to provide a minimum value of general or specialty surplus items for auction throughout duration of contract. City reserves the right to keep, auction, gift or dispose of surplus items and property as seen fit. CONTRACT OBLIGATION Upon notification of successful bid, the Contractor awarded said bid will be required to enter into a formal Agreement with the City. The terms of which are described in the attached APPENDIX A. Page 5 of 8 and address, lot(s) numbers, Police item identification numbers, price paid, and any buyer premiums amounts paid. 3.0 PROPOSAL REQUIREMENTS One (1) original and 5 complete copies of the proposals are due in the office of the City of Santa Ana Purchasing Division, 20 Civic Center Plaza, 4th Floor, Room 429, no later than 5:00 pm, February 16, 2005. Proposals shall include the following: 3.1 Organization, Credentials, and Experience 3.1.1 Provide a synopsis of the firm's history, including years in business. 3.1.2 Have valid and current permits and licenses for auction sale, business, location and personnel. 11.3 Identify the manager and key personnel to be assigned for Auction Services. Describe their qualifications, education, and representative experience. 3.1.4 Provide a brief description of past experience with a range of government surplus items involving auctions for public agencies having populations greater than 100,000. 3.1.5 Description/exhibition of firm's financial stability including, but not limited to: total years in operation and total number of years under current ownership. 3.1.6 Three public client references. 3.1.7 Define and describe process or methods of maximizing revenue generated from sale of City surplus property. 3.1.8 Detailed description of firm's compensation on sale of items and how compensation differs depending on item or number of sale attempts. 3.2 Commitment 3.2.1 The proposal shall be GUARANTEED BY THE GENERAL MANAGER AND COMPANY OWNER with the power to bind the company in its proposal. Page 7 of 8 Appendix A AUCTIONEER AGREEMENT THIS AGREEMENT, made and entered into this day of 2005 by and between . a California (hereinafter "Auctioneer'), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City "). RECITALS A. The City desires to retain a Auctioneer having special skill and knowledge in the field of municipal auction services. B. Auctioneer represents that Auctioneer is able and willing to provide such services to the City. C. In undertaking the performance of this Agreement, Auctioneer represents that it is knowledgeable in its field and that any services performed by Auctioneer under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: 1. SCOPE OF SERVICES City hereby retains Auctioneer to conduct a public auction and Auctioneer hereby agrees to conduct such auction in the next available auction of the personal property as received by Auctioneers, and such auction to be on the following terms and conditions: The public auction will be held on the premises of provided. Auctioneers as hereinafter City hereby represents that City has sole and exclusive title to the above described property, has the right to sell same and that the property is free, clear and unencumbered. Auctioneer shall sell the property described above at absolute auction to the highest bidder unless otherwise stated. Auctioneer shall have the right to group items for sale in lots as Auctioneer deems best. Auctioneer shall obtain and pay for such advertising as Auctioneer deems necessary and shall furnish and provide at its own expense such clerks and assistance as Auctioneer deems necessary for the proper conduct of the sale. As soon as reasonably possible after the completion of the sale, and clearinq of all checks tendered, Auctioneer will make full settlement with the City less Auctioneer' commission, charges, or compensation or expenses in accordance with this Agreement. Auctioneer shall not be responsible for the failure of a high bidder to consummate the purchase or to comply with the Appendix A remitted to the City within fifteen (15) calendar days after the sale. Auctioneer shall submit with the sale proceeds a detailed statement documenting lot numbers, police item numbers, the amounts paid for each item, purchasers' name(s) and addresses, and the amount of the Auctioneer's commission. UNEWW11 l This Agreement shall commence on the date first written above and terminate on 2004, unless terminated earlier in accordance with Section 12, below. The term of this Agreement may be extended upon a writing executed by the Executive Director of Finance and Management and the City Attorney. 4. INDEPENDENT CONTRACTOR Auctioneer shall, during the entire term of this Agreement, be construed to be an independent contractor and not an employee of the City. This Agreement is not intended nor shall it be construed to create an employer - employee relationship, a joint venture relationship, or to allow the City to exercise discretion or control over the professional manner in which Auctioneer performs the services which are the subject matter of this Agreement; however, the services to be provided by Auctioneer shall be provided in a manner consistent with all applicable standards and regulations governing such services. Auctioneer shall pay all salaries and wages, employer's social security taxes, unemployment insurance and similar taxes relating to employees and shall be responsible for all applicable withholding taxes. 5. INSURANCE Prior to undertaking performance of work under this Agreement, Auctioneer shall maintain and shall require its subcontractors, if any, to obtain and maintain insurance as described below: a. Commercial General Liability Insurance. Auctioneer shall maintain commercial general liability insurance naming the City, its officers, employees, agents, volunteers and representatives as additional insured(s) and shall include, but not be limited to protection against claims arising from bodily and personal injury, including death resulting therefrom and damage to property, resulting from any act or occurrence arising out of Auctioneer's operations in the performance of this Agreement, including, without limitation, acts involving vehicles. The amounts of insurance shall be not less than the following: single limit coverage applying to bodily and personal injury, including death resulting therefrom, and property damage, in the total amount of $1,000,000 per occurrence. Auctioneer shall supply City with a fully executed additional insured endorsement in substantially the form attached hereto as Exhibit B upon execution of this Agreement and shall be approved in form by the City Attorney. b. Business automobile liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per occurrence. Such insurance shall include coverage for owned, hired and non -owned automobiles. Appendix A judicial or equitable relief due to personal or property rights arises by reason of the terms of, or effects arising from this Agreement. City may make all reasonable decisions with respect to its representation in any legal proceeding. CONFIDENTIALITY If Auctioneer receives from the City information which due to the nature of such information is reasonably understood to be confidential and/or proprietary, Auctioneer agrees that it shall not use or disclose such information except in the performance of this Agreement, and further agrees to exercise the same degree of care it uses to protect its own information of like importance, but in no event less than reasonable care. "Confidential Information" shall include all nonpublic information. Confidential information includes not only written information, but also information transferred orally, visually, electronically, or by other means. Confidential information disclosed to either party by any subsidiary and/or agent of the other party is covered by this Agreement. The foregoing obligations of non -use and nondisclosure shall not apply to any information that (a) has been disclosed in publicly available sources; (b) is, through no fault of the Auctioneer disclosed in a publicly available source; (c) is in rightful possession of the Auctioneer without an obligation of confidentiality; (d) is required to be disclosed by operation of law; or (e) is independently developed by the Auctioneer without reference to information disclosed by the City. 8. CONFLICT OF INTEREST CLAUSE Auctioneer covenants that it presently has no interests and shall not have interests, direct or indirect, which would conflict in any manner with performance of services specified under this Agreement. 9. NOTICE Any notice, tender, demand, delivery, or other communication pursuant to this Agreement shall be in writing and shall be deemed to be properly given if delivered in person or mailed by first class or certified mail, postage prepaid, or sent by telefacsimile or other telegraphic communication in the manner provided in this Section, to the following persons: To City: Clerk of the City Council City of Santa Ana 20 Civic Center Plaza (M -30) P.O. Box 1988 Santa Ana, CA 92702 -1988 telefacsimile (714) 647 -6956 With courtesy copies to: Executive Director of Finance and Management Appendix A the City. Each party to this Agreement acknowledges that no representations, inducements, promises or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein. 11. ASSIGNMENT Inasmuch as this Agreement is intended to secure the specialized services of Auctioneer, Auctioneer may not assign, transfer, delegate, or subcontract any interest herein without the prior written consent of the City and any such assignment, transfer, delegation or subcontract without the City's prior written consent shall be considered null and void. Nothing in this Agreement shall be construed to limit the City's ability to have any of the services which are the subject to this Agreement performed by City personnel or by other Auctioneers retained by City. 12. TERMINATION This Agreement may be terminated by the City upon thirty (30) days written notice of termination. In such event, Auctioneer shall be entitled to receive and the City shall pay Auctioneer compensation for all services performed by Auctioneer prior to receipt of such notice of termination, subject to the following conditions: a. As a condition of such payment, the Executive Director may require Auctioneer to deliver to the City all work product completed as of such date, and in such case such work product shall be the property of the City unless prohibited by law, and Auctioneer consents to the City's use thereof for such purposes as the City deems appropriate. b. Payment need not be made for work which fails to meet the standard of performance specified in the Recitals of this Agreement. 13. DISCRIMINATION Auctioneer shall not discriminate because of race, color, creed, religion, sex, marital status, sexual orientation, age, national origin, ancestry, or disability, as defined and prohibited by applicable law, in the recruitment, selection, training, utilization, promotion, termination or other employment related activities. Auctioneer affirms that it is an equal opportunity employer and shall comply with all applicable federal, state and local laws and regulations. 14. JURISDICTION -VENUE This Agreement and all questions relating to its validity, interpretation, performance, and enforcement shall be government and construed in accordance with the laws of the State of California. This Agreement has been executed and delivered in the State of California and the validity, interpretation, performance, and enforcement of any of the clauses of this Agreement shall be determined and governed by the laws of the State of California. Both parties further agree that Orange County, California, shall be the venue for any action or proceeding that may be brought or arise out of, in connection with or by reason of this Agreement. Appendix A EXHIBIT B ADDITIONAL INSURED ENDORSEMENT FOR COMMERCIAL GENERAL LIABILITY POLICY Insurance Company This endorsement modifies such insurance as is afforded by the provisions of Policy # relating to the following: 1. The City of Santa Ana, 20 Civic Center Plaza, Santa Ana, California 92701; its officers, employees, agents, volunteers and representatives are named as additional insureds ( "additional insureds ") with regard to liability and defense of suits arising from the operations and uses performed by or on behalf of the named insured. 2. With respect to claims arising out of the operations and uses performed by or on behalf of the named insured, such insurance as is afforded by this policy is primary and is not additional to or contributing with any other insurance carried by or for the benefit of the additional insureds. 3. This insurance applies separately to each insured against whom claim is made or suit is brought except with respect to the company's limits of liability. The inclusion of any person or organization as an insured shall not affect any right which such person or organization would have as a claimant if not so included. 4. With respect to the additional insureds, this insurance shall not be cancelled, or materially reduced in coverage or limits except after thirty (30) days written notice has been given to the City of Santa Ana, 20 Civic Center Plaza, Santa Ana, California 92701. (Completion of the following, including countersignature, is required to make this endorsement effective.) Effective Policy # _ Issued to this endorsement form as a part of Named Insured Countersigned by Authorized Representative Auctions Plus Inc. CITY OF SANTA ANA REQUEST FOR PROPOSAL # 05 -006 AUCTIONEERING SERVICES PROPOSAL RESPONSE Tuesday, February 15`h 2005 Submitted by: Auctions Plus Inc. 13631 -D Harbor Blvd. Garden Grove, CA 92842 (714) 539 -1297 Office (714) 539 -1315 Fax www.auctionspluss.com socalauc(a),pacbell.net COPY I 1 d 11 1 1 11 LJ H 11 1 J Auctions Plus Inc. 13631 -D Harbor Blvd. P.O. Box 2246 Garden Grove, CA 92842 (714) 539 -1297 • (714)539 -1315 Fax • www.auctionspluss.com • socalauc@pacbell.net February 15, 2005 City of Santa Ana Purchasing Division M -16 20 Civic Center Plaza, RM 429 Post Office Box 1988 Santa Ana, CA 92702 RE: Request for Proposal Number 05 -006 Auctioneering Services Auctions Plus Management has completed an extensive and thorough study of the Request for Proposal Project Number 05 -006 proposal of Auctioneering Services. Auctions Plus hereby acknowledges full and complete understanding of all terms and conditions set forth in the R.F.P. Auctioneering Services, (Section 1.0 Scope of Work and Appendix "A" Auction Agreement). Auctions Plus hereby offers to provide, under all terms and conditions so stated in R.F.P. Number 05 -006 auctioneering services, for all properly offered by the City of Santa Ana. Auctions Plus will provide and perform said services in a diligent and professional manner and in compliance with all state and local laws governing auctioneering (California Civil Code Section 1812.600 through 1812.608) and Department of Motor Vehicles statutes covering sale of vehicles. Auctions Plus hereby tenders the following response to your proposal and request for services. Respectfully Submitted, 1 �5 ' Lee Height General Manager Auctions Plus 1 1 1 Re�uc -�+ For��t l 0� Gam_ ��en�lum �nrr►6er1 ba��l �b�� loo, 2C�5 - �c�n�ul�'��e� Auctions Plus Inc. Request For Proposal # 05 -006 City of Santa Ana Auctioneering Services Table of Contents 1. Company Synopsis and History. 2. Required Licenses and Recent Insurance Certificate. Refer to Attachments # 1 -4 in the Appendix. 3. Management and Key Personnel Qualifications, Education and Experience. 4. Company Experience with Government Agencies and Types of Surplus Property Managed for them. 5. Company Financial Position. Refer to Attachment # 5 in the Appendix 6. Client References, 7. Method for Maximizing Revenue from sale of City Surplus Property. 8. Company Compensation Plan for Property. 9. Appendix of Attachments Attachment # 1 Dealers License Attachment # 2 Auction Bond Attachment # 3 City License Attachment # 4 Insurance Certificate Attachment # 5 Statement/Report of Independent CPA. 11 Request for Proposal Number 05 -006 City of Santa Ana Auctioneering Services and the Liquidation of Surplus Miscellaneous Equipment Please note that Auctions Plus Inc., will also be referred to as `AP' throughout the responses in the following Request for Proposal. PROPOSAL RESPONSE 3.1 Organization, Credentials and Experience 3.1.1 Provide a synopsis of the firm's history, including years in business. Auctions Plus has been serving the Southern California area for over 25 years, providing Auctioneering services, business and estate liquidations, asset disposal, including surplus and ' excess property of all types, vehicles, equipment, machinery, personal and real property. Our company is bonded and registered with the California Secretary of State as an Auction Company. We are a participating member, in good standing, with the National Auctioneers Association, California State Auctioneers Association, Southern California Auctioneers Association, and the National Association of Public Auto Auctions. We are licensed and bonded as California State Auto Dealers. Please refer to Attachments # 1 -4 in Appendix. ' We are capable of performing equally efficient and professional services at our facilities or our client's. We are computer and electronically equipped to assure quality service under all circumstances. Our online merchandising techniques, coupled with our Internet Auction and Live Internet Auction capabilities, place us on the forefront of our industry. Our staff consists of (12) full time employees with over 50 years expertise in the auction service industry. This also ' includes in -depth sales, marketing and advertising experience. Our programs assure our clients top dollar value for their assets. Our auction sales are consistent and are continually increasing from year to year. `AP' has a ' consistent base of repeat customers and continues to attract new buyers with its advertising and marketing strategies. ' 3.1.2 Have valid and current permits and licenses for auction sale, business, location and personnel. Please refer to Listed Attachments. Attachment # 1: Dealers License Attachment # 2: Auction Bond Attachment # 3: City License Attachment # 4: Insurance Certificate 3.1.3 Identify the manager and key personnel to be assigned for Auction Services. Describe their qualifications, education and representative experience. Auctions Plus is centrally located in the City of Garden Grove, making it easily and conveniently accessible to its clients and customers. `AP' conducts weekly sales offering all types of vehicles, equipment, machinery, and tangible personal property on behalf of City, County, State, Federal Agencies and private industry. I All `AP' personnel are well trained to handle all auction situations and pay special attention to ' client satisfaction. `AP' personnel have vast knowledge in all aspects of planning, implementing and executing auction sales. This includes customer service, marketing, accounting, sales, DMV rules and regulations, IntemetfWeb Page maintenance, market research and inventory ' management. All of `AP' management and marketing personnel are College graduates and have extensive backgrounds in auction marketing, sales and business management. 3.1.4 Provide a brief description of past experience with a range of government surplus items involving auctions for public Agencies having populations greater than 100,000. ' `AP' client list of government agencies with a population in excess of 100,000 include some of the following: ' • County of Los Angeles • County of Orange Our customer service is of the highest quality. `AP', upon award of contract, will provide a Project Manager who will be responsible for your entire client needs. The Project Manager (Manny Pichardo) will provide you with a personal cellular phone number, pager number, 800 number and a fax number for your use. The Project Manager will be at your disposal Monday through Friday from 7 AM to 6 PM and weekends for emergency purposes. His responsibility ' will be to handle all your needs under contract and to follow up on service performance. He will t provide regular reports to our Management staff allowing us to oversee the project effectively and efficiently. Mr Pichardo is a college graduate and has over 15 years of experience in the auction industry. removed from the agencies and delivered to the auction facilities where they are safely stored, All `AP' personnel are well trained to handle all auction situations and pay special attention to ' client satisfaction. `AP' personnel have vast knowledge in all aspects of planning, implementing and executing auction sales. This includes customer service, marketing, accounting, sales, DMV rules and regulations, IntemetfWeb Page maintenance, market research and inventory ' management. All of `AP' management and marketing personnel are College graduates and have extensive backgrounds in auction marketing, sales and business management. 3.1.4 Provide a brief description of past experience with a range of government surplus items involving auctions for public Agencies having populations greater than 100,000. ' `AP' client list of government agencies with a population in excess of 100,000 include some of the following: ' • County of Los Angeles • County of Orange • County of Santa Barbara • City of Santa Ana • City of Westminster • City of Santa Maria ' The following is a list of the various types of property sold by `AP' on behalf of various government agencies. 1 2 Passenger Vehicles Commercial Vehicles • Heavy Equipment Various Types of Personal Property Police Seized Property • Aircraft/Marine Craft Construction & Contractor's Equipment t Real Estate `AP' successfully coordinates pick up dates and times for said agencies, as needed. Assets are removed from the agencies and delivered to the auction facilities where they are safely stored, inventoried, assigned lot numbers and seller asset numbers and scheduled for sale. Sold assets are accounted for and reported to the agencies and net proceeds are promptly paid within contract requirements. Un -Sold Inventories for said agencies are held over for the next scheduled auction. Upcoming auctions for said agencies are continually advertised (2) weeks prior to each auction with brochure mailing, Internet marketing and traditional advertising in trade publications and 1 � 1 2 newspapers. 3.1.5 Description /exhibition of firm's financial stability including, but not limited to, total years in operation and total number of years under current ownership. Auctions Plus is well qualified financially to perform the services required by this Contract. `AP' faces no financial problems or high debt obligations that could harm the firm and its ability to successfully complete this project now or in the foreseeable future. `AP' anticipates no financial limitations for the foreseeable future to include bankruptcies, office closures, impending mergers or legal actions. `AP' currently faces no action, suit, proceeding or investigation by any court, public board or agency arising out of the performance of its services. `AP' has in excess of 25 years experience in the auction industry with the last 12 years at its present location and with its original ownership, management and staff. Please see Independent Public Accountants Report. Please refer to Attachment # 5 in Appendix. 3.1.6 Three public client references. Auctions Plus references include the following: Government Agency City of Westminster County of Los Angeles City of Santa Maria Private Industry • Kilroy Realty • Clothestime Inc. Industries • Anchor Bolt Corporation 3.1.7 Define and describe process or methods of maximizing revenue generated from sale of City surplus property. `AP' will be responsible for and will provide advertising for City sales in accordance with California Civil Code 2080.4, to include preparation, expense, printing, mailing, flyers, ads, trade publications and regional and local newspapers. `AP' will provide a comprehensive advertising and marketing campaign generating awareness and creating demand for City assets. `AP' will promote these auction events locally, nationally and internationally via online and conventional channels, including brochures, direct mail, email online flyers, print listings in newspapers, key after market trade publications and via one or more key Web sites in a proprietary network of Internet marketing sites such as Yahoo B2B Marketplace, U&gQ d or Ouline Asset Exchange, which are integrated with our Auction management system and our online Auction catalogs. This network generates more than 10 million user visits monthly. `AP' will use it expertise and skills to select the appropriate sites for City property and integrate several conventional and online marketing tactics to maximize liquidity of the Auction events. I `AP' is prepared to maximize the City's recovery value on surplus and liquidated assets through a combination of time honored marketing tactics and exciting new online merchandising techniques ' designed to attract interest from a broad base of buyers not bound by the limitation of time and geography. That gives us the best chance to generate awareness, create demand and sell assets at fair market value, while maximizing the City's return on assets. Detailed description of firm's compensation on sale of items and how compensation differs depending on item or number of sale attempts. Auctions Plus hereby agrees to all terms and conditions of Request for Proposal Number 05 -006 as outlined in the scope of work and Auction Agreement. `AP' will provide all such services to the City in a timely and professional manner. `AP' will not charge the City a fee or commission for its services. "AP" will rely exclusively on an Auction Fee of 10% (Ten - Percent) for vehicles and equipment and 15% (Fifteen- Percent) on personal property, to be collected from the buyers at the time of the sale. 1 1 111 1 i `AP' will execute this project by effectively combining the traditional auction methods of marketing with the latest advancements in auction management technology, which are designed to minimize time to market and maximize auction sales prices. Using the latest in turnkey software and hardware to automate the complete life cycle of conventional auctions, our system will enable us to execute efficient onsite auctions while seamlessly broadcasting to a virtually unlimited number of potential buyers on the Internet who can bid against our onsite buyers. `AP' will use its in -depth experience in marketing and sales for liquidation and disposal of all City surplus assets. We are a full service auction company. We will prepare the assets for sale (including appraisal and inspection services as needed), catalog the inventory and lot the items in a manner designed to bring the highest prices. `AP' is prepared to maximize the City's recovery value on surplus and liquidated assets through a combination of time honored marketing tactics and exciting new online merchandising techniques ' designed to attract interest from a broad base of buyers not bound by the limitation of time and geography. That gives us the best chance to generate awareness, create demand and sell assets at fair market value, while maximizing the City's return on assets. Detailed description of firm's compensation on sale of items and how compensation differs depending on item or number of sale attempts. Auctions Plus hereby agrees to all terms and conditions of Request for Proposal Number 05 -006 as outlined in the scope of work and Auction Agreement. `AP' will provide all such services to the City in a timely and professional manner. `AP' will not charge the City a fee or commission for its services. "AP" will rely exclusively on an Auction Fee of 10% (Ten - Percent) for vehicles and equipment and 15% (Fifteen- Percent) on personal property, to be collected from the buyers at the time of the sale. 1 1 111 1 i I I affirm that by my signature I am an authorized Agent/Representative of the bidding company submitting this proposal. I also affirm that I have the power, authority and right to legally bind the bidding company in response to the Scope of the Work and terms of this Agreement with the Scope of Work including my ability to perform the entire Scope of Work and meet all proposal requirements. My signature indemnifies the City fully, including reasonable costs and attorney's fees for any injuries or damages to the City, in the event that such authority or power is not, in fact, held by the signatory or is withdrawn. I I I 1 I LJ LJ Auctions Plus Inc. Name of Bidder (Person, Firm or Co l7 ' Lee HeightC Authorized Representative (Print Full Name) Authorized Represents ive to Bind Bid (Signature) i General Manager Date TITLE (please print) 13631 -1) Harbor Blvd Garden Grove CA 92842 ADDRESS P.O. Box 2246 Garden Grove, CA 92842 ADDRESS ' 714 -539 -1297 714 -539 -1315 TELEPHONE NUMBER FAX NUMBER I I I 1 I LJ LJ I ' Auctions Plus Inc. I I i I 1 I d I I Request For Proposal # 05 -006 City of Santa Ana Auctioneering Services Attachment # I Attachment # 2 Attachment # 3 Attachment # 4 Attachment # 5 f APPENDIX Dealers License Auction Bond City License Insurance Certificate Statement/Report of Independent CPA. A Pubi,, Sm., Agency lie. No VEMCLE DEALER 25674 Dare Iseued Expiration Dale JAN is 20CS DEC 31* 2005 This li;;arise is valid forthe period inc!icatad above. This tnense shall be signed and di$ played in the office at the address shown 7clow, pursuant to the California Vehicle Code. rl�U - -, AUCTIONS PLUS A/C USED v. >;c 13631D HARBOR 5L GARDEN GROVE CA 92643 F, ni C i;ot 10. - -- P.. Stl PU =LCEN L" 1 HRH 1 ---- - - - - -- INVOICE ---- - - - - -- HILB, ROGAL AND HAMILTON COMPANY OF ATLANTA, INC. 200 Galleria Parkway NW Suite 1000 Atlanta, Georgia 30339 -5966 Phone (770) 984 -9345 Invoice Date 11/06/03 Auctions Plus Invoice No. 82135 P O Box 1378 Bill -To Code 14AIGNOR ' E1 Toro, CA 92630 Client Code HAIGNOR Inv Order No. 1 * 8 3 6 21 Named Insured: Amount Remitted: $ PAID 1 Please'eWm this Pal.n with your PaymeM. Make checks payable to: HRH Insurance of Atlanta, Inc. Effective Date Policy Perio Coverage Description Transaction Amount 01/21/04 01/21/04 -'reat American Ins. Co. - Bonds to Policy No. 715462003 01/21/07 *Renewal - Auctioneer Bond CA AUCTIONEER RENEWAL THIS WILL SERVE AS YOUR CONTINUATION PAID Invoice Number: 82135 `Premiums Due and Payable on Effective Date ' LAD Page: 1 ORIGINAL INVOICE CITY OF GARDEN GROVE BUSINESS TAX CERTIFICATE THE PERSON, OR BUSINESS ENTITY NAMED BELOW IS GRANTED THIS BUSINESS TAX CERTIFICATE PURSUANT TO THE PROVISIONS OF THE CRY BUSINESS TAX ORDINANCE TO ENGAGE IN, CARRY ON, OR CONDUCT THE BUSINESS, TRADE, CALLING, PROFESSION, EXHIBITION, OR OCCUPATION DESCRIBED BELOW. ISSUANCE OF THIS CERTIFICATE IS NOT AN ENDORSEMENT NOR CERTIFICATION OF COMPLIANCE WITH OTHER ORDINANCES OR LAWS INCLUDING LAND USE OR ZONING LAWS. THIS CERTIFICATE IS ISSUED WITHOUT VERIFICATION THAT THE APPLICANT IS SUBJECT TO OR EXEMPT FROM LICENSING BY THE STATE OF CALIFORNIA. TYPE OF CERTIFICATE NO. BUSINESS AUCTION CUP - 191 -94 RETAIL AUTO SALES 157314 BUSINESS ADDRESS 13631 HARBOR BLVD D GARDEN GROVE, CA 92643 VALIDATION DATE 02/03/05 BUSINESS AUCTIONS PLUS NAME MAILING PO BOX 2246 ADDRESS GARDEN GROVE, CA 92842 POST IN A CONSPICUOUS PLACE -- NOT TRANSFERABLE EXPIRATION DATE 12/31/05 AUCTSER -01 MEHI ACORD,. CERTIFICATE OF LIABILITY INSURANCE °12/16/200 ' PRODUCER (530) 665 -2777 Armstrong & Associates Insurance Services a Petersen Ins. Agcy. License # 0650501 George P.O. Box 1270 Woodland, CA 95776 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. INSURERS AFFORDING COVERAGE INSURED Auctions Plus PO Box 2967 Garden Grove, CA 92642 INSURER AI Colony Insurance Com an INSURER B: USF Ina rant" Com an INSURER C: (NEARER 0'. INSURER E: THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE POLICY NUMBER POUCYEFFECTIVE POLICY EXPIRATI ON LIMITS GENERAL UASIUTY EACH OCCURRENCE S 1 000 000 FIRE DAMAGE Aw one met S 50 00 A MP3177258 11111/2004 11111/2005 MED EXP(All Paa Ia M) r 100 CLAIMS MADE OOCCUR PERSONAL 3 ADV INJURY S 1 000 DO TXCOMMERCIA1,13ENERALLIABILITY GENERAL AGGREGATE S 2000000 GEN'L AGGREGATE LIMIT APPLIES PER PRODUCTS- COMPIOPAGG S INCLUDE X POLICY PRO- jECT LOC AUTOMOBILE LIABILITY ANY AUTO COMBINED SINGLE LIMIT Ira ac em) S BODILY INJURY (Par person) ! ALL OWNED AUTOS SCHEDULED AUTOS BODILY INJURY (Par aaiOeN) 3 HIRED AUTOS NON -OWNED AUTOS PROPERTY DAMAGE (Pat aWCert) $ GARAGE LIABILITY AUTO ONLY - EA ACCIDENT S 160,000 OTHER THAN EA ACC $ Inc B X ANY AUTO LGBGK1094BR1 11111/2004 11111/2005 $ 150.00 AUTO ONLY AGG EXCESS LIABILITY EACH OCCURRENCE $ AGGREGATE , S OCCUR CLAIMS MADE V3 S DEDUCTIBLE 3 RETENTION S WORKERS COMPENSATION AND WC $LIM OTH- E. L. EACH ACCIDENT EMPLOYERS' LIABILITY S E.1- DISEASE 6A EMPLOYEE E.L DISEASE - POLICY LIMIT S OTHER A Electronic Data Processing IM114099 11111/2004 11111/2005 $40,000 DESCRIPTION OF OPERATIONSILOCATIONSNEHICLE &EXCLUSIONS ADDED BY ENDORSEMENT /SPECIAL PROVISIONS The City of Santa Ana, its officer, employees, agents and representatives are named as additional Insured. CERTIFICATE HOLDER I X I ADDITIONAL INSURED' INSURER LETTER: CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION City of Santa Ana DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN 20 Civic Center Plaza NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO DO SO SHALL Santa Ana, CA 92702- IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES. AUTHORIZED REPRESENTATIVE 1,e A _ar ACORD 2" (7/97) I V AWttU UVNYUKA I IVN TBDD I Report of Independent Public Accountant 1 have audited the consolidated balance sheet of Auctions Plus, as of March 31, 2004, and the related consolidated statements of earnings, shareowner equity and cash flows for the ' last three years in the period ended March 31, 2004. These financial statements are the responsibility of the Company's Management. My responsibility is to express an opinion on these financial statements based on my audits. ' I conducted my audits in accordance with generally accepted auditing standards. Those standards require that plan and perform the audit to obtain reasonable assurance about ' whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the ' financial statements. An audit also includes assessing, as well as evaluating the overall financial statement presentation. I believe that my audits provide a reasonable basis for my opinion. In my opinion, the financial statements referred to above, present fairly, in all material aspects, the financial position of Auctions Plus and the results of their operations and their cash flows for the last three fiscal years in the period ended March 31, 2004, in conformity with generally accepted accounting principles. Auctions Plus financial position can be considered strong. F- L ' Anelia Manzanilla, CPA I d I I