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When government agencies need to get rid of stuff, they put it up for auction. That’s what makes government auction sites, like GovDeals.com, a great place to find truly unique finds at a steep ...
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.
Between 2008 and 2011, Liquidity Services acquired four new marketplaces: Network International, GovDeals, TruckCenter.com, and the remarketing business of Jacobs Trading Company. [13] In 2012, it acquired GoIndustry DoveBid, a provider of surplus asset management, auction, and valuation services. [14] In 2015, the company lost two large contracts.
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 ...
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".
The online auction, posted at ABC.ky.gov, is allowed through House Bill 439, a bipartisan bill sponsored by state Rep. Matt Koch, R-Paris and signed into law by Gov. Andy Beshear in April ...
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