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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.
The Surplus Record has been available online since 1986, [4] when buyers would use 2400-baud modems to access it. Currently, it is the largest online directory in the world for surplus capital equipment. [5] The company started its own online auctions in 1999, [1] [6] a year before it was acquired.
The board voted 6-0 — member Steve Makoski was absent — to declare Robberson as "surplus" property, a designation that clears the way for it to be sold, leased or transferred to a new owner.
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".
Date Branch Department Party People Involved Summary Source 1946 Executive: Office of the President: Liberal: Manuel Roxas: Surplus War Property scandal- disposed $90 billion of surplus war property held by the United States government in the final year of World War II, which caused a huge corruption scandal that led to the rise of the leftist HUKBALAHAP and for Roxas's approval ratings to ...
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 ...
Some military surplus dealers also sell military surplus firearms, [2] spare parts, and ammunition alongside surplus uniforms and equipment. Demand for such items comes from various collectors, outdoorsmen, adventurers, hunters, survivalists, and players of airsoft and paintball, as well as others seeking high quality, sturdy, military issue garb.
Lopez Holdings Corporation (formerly primarily as Benpres Holdings Corporation from June 8, 1993 to July 21, 2010 and secondarily from July 21, 2010 to 2019, and also known as Lopez, Inc.) is a Filipino conglomerate founded by the brothers Eugenio Lopez, Sr. and Fernando Lopez, Sr.