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However, the CBO estimates that any such losses of offsetting receipts that might result from donating personal property to additional veterans organizations would not be significant in any year because GSA already offers many organizations the opportunity to receive surplus personal property. Enacting the bill would not affect revenues. [2]
Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
Surplus property is made available to both government and private bidders and, in some cases, land sold for public purposes (such as parks or welfare) may be discounted by up to 100% of FMV. [45] Twenty four GSA green buildings have earned LEED ratings. [46]
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Part of the Union Point property will be sold in an online auction, one parcel is the old US Navy gym which housed the base museum. Monday April 1, 2024 ... The auction closed Sunday at 5 p.m.
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3]
The Federal Property and Administrative Services Act of 1949 is the United States federal law which established the General Services Administration (GSA). [1] The act also provides for various Federal Standards to be published by the GSA. Among these is Federal Standard 1037C, a comprehensive source of definitions of terms used in ...
In March 2011 Acushnet was auctioned as surplus property by the GSA. In 2022, Acushnet was acquired by Blue Water Overwatch, LLC, to serve as the flagship of their training program. Acushnet is currently undergoing restoration in Anacortes, WA and is scheduled for additional maintenance in drydock in 2023.
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