STATE OF NEW JERSEY
                            DEPARTMENT OF TREASURY
                      DIVISION OF PURCHASE AND PROPERTY
                               PURCHASE BUREAU                INDEX #: T-2581

                 NOTIFICATION  OF  AWARD - TERM  CONTRACT(S)

 CONTRACT TITLE: AUCTIONEERING SERVICES: INTERNET           CONTRACT #  70967
                  AUCTIONS TO SELL SURPLUS PROPERTY
 CONTRACT PERIOD:               APPLICABLE TO:
 FROM: 01/29/08  TO: 01/28/11                        SELECTED STATE AGENCIES
                                 POLITICAL SUBDIVISIONS*

 VENDOR NAME & ADDRESS:                        FOR PURCHASE BUREAU USE
   GOVDEALS INC                             Solicitation #:  39877
                                            Bid Open Date :  11/14/07
   5907 CARMICHAEL PLACE                    CID #         :  1035317
                                            Commodity Code:  962-09
   MONTGOMERY, AL 36117                     Set-Aside     :  SMALL BUSINESS SUB



                       CONDITIONS AND METHODS OF OPERATION


 Multi-Source Contracts: State Agencies and Cooperative Purchasing partners
 should review each vendor's product/service and prices carefully and
 place orders in accordance with the terms and conditions of the contract.
 Note that

 A. Delivery: All prices F.O.B. Destination
 B. Method of Operation - State Agencies Only:  Issue an agency purchase order
 to the appropriate contract vendor(s).



 *IMPORTANT: POLITICAL SUBDIVISION & OTHER COOPERATIVE PURCHASING PARTICIPANTS

   In accordance with N.J.S.A. 40A:11-11(5),  N.J.S.A.  52:25-16.1 et seq. and
 N.J.A.C.  5:34-1.7,  all  Cooperative  Purchasing  Program  participants  are
 responsible for ensuring that the Purchase Order  issued reflects the correct
 contract item pricing and  that  payment is processed accordingly. Note  that
 only these  items/services specified in the applicable State contract(s)  may
 be purchased from  the contract vendor(s)  of record.  Cooperative Purchasing
 participants assume full responsibility for all  purchase transactions issued
 through State contracts, including Purchase Orders, delivery compliance,  and
 payments.

 Questions, problems or complaints related to Cooperative Purchasing contact:
                                      Cooperative Purchasing Coordinator
                                      PO Box 230
                                      Trenton N.J.  08625
                                      (609) 984-7047

 In the event of an emergency, contact the following in the order listed:
    1.DAMIAN FANTINI - BUYER              3. MARGARET QUINN - BUYER UNIT SUPERV
      609-984-6530
      E-MAIL: DAMIAN.FANTINI@TREAS.STATE.NJ.US
    2.KEVIN MOORE - BUYER SUPERVISOR      4. OFFICE OF THE BUREAU SUPERVISOR
      609-292-1256                           609-292-4751
 PB177 (rev. 6/91)                                   PUB. DATE:       09/16/09

                                                                INDEX NO: T2581
                                                                PAGE NO:      2
                            VENDOR INFORMATION SHEET
                                                COOP *
   VENDOR NAME AND ADDRESS        SBE/MBE/WBE/PURCH
 ______________________________________________________________________________
 GOVDEALS INC                     NO /NO /NO /YES   CONTRACT #: 70967
 5907 CARMICHAEL PLACE                              EXPIRATION DATE: 01/28/11
 MONTGOMERY, AL 36117                               TERMS: NONE
                                                    DELIVERY:  60 DAYS ARO

 CONTACT PERSON: NETTIE CARTER                      CONTACT PHONE: 866-377-1494
                                                    ORDER FAX #  : 334-387-0519


 * WILL VENDOR EXTEND CONTRACT PRICES TO COOPERATIVE PURCHASING PARTICIPANTS?

                                                                INDEX NO: T2581
                                                                PAGE NO:      3
                            CONTRACT ITEMS/SERVICES
                                  BY VENDOR
 ______________________________________________________________________________
 VNDR: GOVDEALS INC                                        CNTRCT #: 70967

  UNLESS SPECIFIED OTHERWISE BELOW:
 SHIP TO: 822057 / S002
       DISTRIBUTION CENTER
 1620 STUYVESANT AVE
 WEST TRENTON      NJ   08625-0234
 LINE#  DESCRIPTION/MFGR/BRAND  EST QUANTITY  UNIT  % DISCOUNT       UNIT PRICE
 00001  COMM CODE: 962-09-072366       1.000  EACH      NET             N/A
  [MISCELLANEOUS SERVICES, NO. 2...]

  ITEM DESCRIPTION:
  PRICE PER AUCTION - NONE.  CONTRACTOR
  DID NOT BID A PRICE PER AUCTION.  ALL
  PAYMENT IS THROUGH THE PERCENT
  COMMISSION AS NOTED IN LINE 2 BELOW.
  SHIP TO:  R1
  STATE-WIDE ONLY
 00002  COMM CODE: 962-09-072366       1.000  EACH      NET             N/A
  [MISCELLANEOUS SERVICES, NO. 2...]

  ITEM DESCRIPTION:
  PERCENTAGE COMMISSION
  FOR SALES OF LESS THAN $100,000 THE
  COMMISSION IS 7.5% BUT NOT LESS THAN
  $5.00.  SEE BID IF A SALE EXCEEDS
  $100,000 AS POSTED WITH NOTICE OF AWARD.

  SHIP TO:  R1
  STATE-WIDE ONLY