Specifications include, but are not limited to: 2.1.1. Contractor must be qualified and licensed, if applicable, to conduct on-line auctions 2.1.2. Contractor must have current experience in conducting on-line auctions with vehicles or similar commercial equipment. 2.1.3. Preference will be given to proposals that do not include a buyer’s premium. 2.1.4. Contractor must have a well-established on-line auction system. 2.1.4.1. Contractor will specify what format and the receiving requirements for on-line bids. 2.1.4.2. Contractor will detail any restrictions and or requirements for sale types. 2.1.4.3. Contractor shall make real-time bidding history available to the State, including bidders’ registered ID and amount of bid.