Specifications include, but are not limited to: a. The Vendor shall provide and maintain all the software and hardware that manages the online auction system. b. The Vendor will be responsible for preparing the individual lots for the auction. This will include taking photos, writing descriptions, and data entry into the web platform. c. The Vendor online auction system shall offer flexibility in how the auction can be conducted. The following functionalities are required: • Ability to choose between a static bid and dynamic bid. A static bid entails having the bid close at a specific time (i.e. e-bay) whereas a dynamic bid allows a bid closing to be extended if there is continued activity. The State shall determine the extension time intervals; • Ability to have multiple line items per lot (i.e. computers); • Ability to have one asset per listing (i.e. vehicles).