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Texas Lt. Gov. Dan Patrick said U.S.-owned border wall materials, which were available for sale, were pulled from an Arizona auction at the government's request. The Lonestar State had shown ...
The materials, including steel bollards, recently appeared for sale on GovPlanet, a government surplus auction marketplace. During a news conference Monday, ...
The rest was sold to GovPlanet, which buys and auctions off government surplus. It is those materials, no longer in government possession, that are being sold off by the company.
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.
In 1948 a government agency, the Staatliche Erfassungsgesellschaft für öffentliches Gut ("State Collecting Company for Public Good", StEG), was formed to manage the sale of these items. In reference to the name of this agency, the army surplus was called Stegware, and their stores were nicknamed "Steg shops". Goods sold by these stores ...
Liquidity Services was co-founded by William P. Angrick III, Jaime Mateus-Tique, and Ben Brown in 1999. It was branded as Liquidation.com and was a B2B auction marketplace that connects sellers to buyers. [6] The platform allowed retailers to resell retail returns and overstock [7] and enabled buyers to access bulk lots of surplus merchandise. [8]
The sales are intended to help get rid of surplus materials or items seized by authorities. ... He defrauded the government out of more than $150,000 between Jan. 31 and March 21, 2019, the ...
Fulbright Act of 1946, 50a U.S.C. § 1619, is a United States statute commissioning the United States Department of State as a disposal agency for the disposal of materials on public lands and the reclamation of salvageable military surplus assets pending the aftermath of World War II.
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