Specifications include, but are not limited to: 1.1 City seeks a Vendor to sell at public absolute auction sales. City’s property identified by City (“Auction Items”) that Vendor agrees to sell. 1.2 Vendor shall conduct all sales of Auction Items from both Vendor’s and City’s property. 1.3 City of Denton reserves the right to request a minimum reserve and have the ability to change the minimum reserve, when necessary. 1.4 Vendor shall submit proof of a valid auctioneer license required by Texas law for all auctions. 1.5 No auctioned items of any kind for any auction shall be transported, shipped or arranged to be transported or shipped by the City. 1.6 Vendor shall be responsible for all communication with potential bidders regarding items included in the auction via phone or other means of communication. 1.7 Unless otherwise directed by the City, unsold equipment will be rescheduled and reauctioned at the next available auction. 1.8 Vendor shall be responsible for taking photographs of property and equipment and lotting items for online auctioning purposes. All items will be pre-lotted before start of auction by the Vendor. The City shall provide a list of items for auction on a manifest to the Vendor. Vendor shall take possession of any property and equipment to be sold and distributed out of their facility. If equipment is too large to move to Vendor’s location for auctioning, then items will be sold onsite at the City by the Vendor and will be managed by the Vendor. 1.9 Vendor may, in its sole discretion, accept or reject any Auction Items proposed for auction sale by City. 1.10 Vendor shall register bidders and assign bidder numbers. Registration should include name, current address, telephone of the person being registered to bid, name is to appear on the title and/or receipt and method of payment. Copies of the computergenerated list of purchasers will be provided with payment and information package. 1.11 Vendor shall sell all Auction Items on an "As Is, Where Is" basis without any warranty of any kind, expressed or implied.