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In 2021, GSA offered a 0.7501 share of a bitcoin valued more than $38,000 for an auction. [4] Kevin Kerns, an acting regional administrator of GSA's Southeast Sunbelt Region, stated: "Whether it’s a car, or a piece of jewelry, or now even cryptocurrency, you never know what kind of treasures you’ll find on GSA Auctions”. It was the first ...
Deals on vehicles and jewelry through a U.S. government auction website were ... The sales are intended to help get rid of surplus materials or items seized by authorities. ... He defrauded the ...
The General Services Administration (GSA) is an independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government ...
Surplus Property Act of 1944 (ch. 479, 58 Stat. 765, 50A U.S.C. § 1611 et seq., enacted October 3, 1944) is an act of the United States Congress that was enacted to provide for the disposal of surplus government property to "a State, political subdivision of a State, or tax-supported organization".
Additionally, regulation of interaction between contracting agencies and the GSA is detailed here. Section 302(b) states the "declared policy" of the United States, that "a fair proportion of the total purchases and contracts for supplies and services [should be placed] with small business concerns". [3] 41 U.S. Code § 3104 now reads
[7] Following Hurricanes Katrina and Rita, the U.S. government was left with large numbers of FEMA trailers. Surplus FEMA trailers were sold via online public auctions conducted by the General Services Administration. The distribution and resale of Katrina FEMA trailers has been heavily criticized given the possible health risks involved. [15]
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