Please note: This is a Sole Source Notification. The State surplus inventory system requires the following Assetworks annual license renewal in order to maintain its present level of functionality: Recoup Annual Renewal - Period of Service: 09/01/2024 to 08/31/2025. Assetworks is a sole source vendor who does not engage with resellers or aftermarket companies to provide, distribute, sell, implement, or otherwise engage their proprietary systems. This hosted system is the exclusive web-based platform for the disposal of all state assets, including office furniture, vehicles, electronics, and more, for all agencies, boards, commissions, universities, and constitutional officeholders. The current system has been highly customized to fit CMS Surplus and State needs for over 15 years. No vendor can provide this level of customization, features, support, maintenance, integration with other solutions, etc. within the amount of time left before the termination of the current annual licensing contract.