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 State and the Vendor will make a mutual decision for each individual lot on which party shall 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’s 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); • Ability to have multiple lots per auctions (i.e. 75 line items – equipment & 40 line items vehicles); • Ability to have ample space provided to load detailed descriptions and be able to support the capacity to display a minimum of four (4) pictures of each item or no picture at all if so desired by the State; • Ability to list specific times for public viewing and different times for pick-up of the equipment.