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Surplus property frequently asked questions - GSA Federal asset sales is an e-government program designed to improve and optimize the way the federal government sells its surplus, exchange sale, and or forfeited assets to the public via online and offline auctions
Frequently Asked Questions GSA has three commonly used methods for conducting public sales of surplus Federal real property—online auction, public auction, and sealed bid You can bid online at https: www realestatesales gov
Auctions of real and personal property - Internal Revenue Service The Internal Revenue Code requires that seized property be sold by public auction or sealed bid auction Either way, the auction is open to the public and bidding is conducted by an auctioneer (usually a property appraisal and liquidation specialist with the IRS) or through GSA auctions
Government auctions of seized and surplus property - USAGov Auctions may take place online, in person, or by mail-in bid The federal agency that owns the property may conduct the auction or it may contract with an auction company to conduct the sales
How to purchase surplus property | GSA Surplus property is property the government does not need Personal property includes assets ranging from office equipment and furniture to scientific equipment, heavy machinery, airplanes, vessels, and vehicles If this property cannot be donated to a state or public agency, or nonprofit organization, the general public can buy it You can purchase surplus government property through GSA
Sales of Federal Surplus Personal Property - ppms. gov Federal executive agenciesare legally requiredto report excess personal property to GSA for disposal ( FMR 102 36 ), and must sell via an approved Sales Center or have a waiver Legislative judicial branches are strongly encouraged, but not mandated Check your internal policies for guidance on how to properly proceed with disposal