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All auctions take place online and are available to bid 24 hours a day. Municibid is a convenient and easy-to-use online auction service for government agencies, schools, authorities and utilities to sell their surplus and forfeitures directly to the public. Financing approval may require pledge of collateral as security. All auctions take place online and are available to bid 24 hours a day. Municibid is a convenient and easy-to-use online auction service for government agencies, schools, authorities and utilities to sell their surplus and forfeitures directly to the public. Municibids online auctions are a great resource for finding awesome deals on used police and fire equipment for sale directly from government agencies. Make sure the value is set to. All auctions take place online and are available to bid 24 hours a day. By Team 1 author 11 articles. 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