In fiscal year 2006, gross proceeds from sales were $76.9 million. In fiscal year 2007, gross proceeds from sales were $169.5 million. In fiscal year 2008, the estimate is $131 million.
Uses and Use Restrictions
This program provides individuals, business concerns, and other organizations with the opportunity to enter competitive bids for purchase of a wide variety of personal property whenever it is determined surplus to the needs of the Federal Government and available for sale.
Included are vehicles, aircraft, hardware, electronic and medical equipment, furniture, office supplies and equipment, exotic gifts and collectables, and many other items.
This program has been expanded offering assets available to the general public via online capabilities.
GSA Auctions (www.gsaauctions.gov) provides the general public with an Internet website to bid electronically on a wide variety of federal personal property.
The website allows GSA to offer assets located across the country to any interested buyer, regardless of location.
GSA Auctions provides item descriptions and pictures of items available for sale.
Sucessful bidders can also make payments online.
Normally, there are no use restrictions on property purchased from the Government.
Competitive bid sales are open to the general public, however bidders must be at least 18 years of age.
Individuals cannot successfully register to bid on items without providing a TIN.
A TIN is defined as an individual's Social Security Number (SSN) or business entity's Employer Identification Number (PIN).
A credit card is required for all registered users in our online community. Credit card validation assists in the prevention of fraudulent bidding activity and ensures that bidders are prepared to accept responsibility for their bidding activity and all submitted bids are valid. This card number is recorded but will not be automatically charged if a bidder is the successful bidder of an item. For security reasons and to prevent fraudulent bidding activities, all registered bidders are subject to billing address verification. No P.O. Box address will be accepted unless accompanied by a street address. By entering the credit card information, you are attesting you are an authorized user of the card. It is required that the bidder creates and secures their username and password.
Aplication and Award Process
This program is excluded from coverage under E.O.
Interested individuals may participate in GSA sales of Federal personal property by visiting the GSA Auctions website at www.gsaauctions.gov, or may visit www.surplussales.fss.gov for information on sales not conducted on the internet. Also, information is available at the Federal Asset Sales website at www.govsales.gov.
Property is awarded to that responsible bidder whose bid, conforming to the invitation, is most advantageous to the Government, price and other factors considered. For internet sales, the successful bidders will be notified by email and must make payment within 2 business days from the date & time the award email notification was sent. Bid results from other sale types may be furnished by U.S. mail notification, via telephone, fax, or at www.surplussales.fss.gsa.gov . It is the bidder's responsibility to follow-up on the status of his/her bid and to ensure that his/her email address and all registration data are kept accurate and up-to-date.
None. Bids must be submitted by the time and date indicated in the sales offering.
Public Law 81-152, 63 Stat. 377, 40 U.S.C. 541 et. seq.
Range of Approval/Disapproval Time
It is the policy of GSA Auctions to monitor bids and other activity to ensure the proper use of our site. The Government reserves the right to reject any and all bids. Bids can be rejected for any reason, especially those containing inaccurate, incomplete or None. It is the policy of GSA Auctions to monitor bids and other activity to ensure the proper use of our site. The Government reserves the right to reject any and all bids. Bids can be rejected for any reason, especially those containing inaccurate, incomplete or unverifiable information, or information which is deemed to have been given in bad faith. Indebted bidders will be ineligible for contract awards. Bidders will not be able to bid on items specified on GSA Auctions until all debts have been cleared, and will not be awarded items when participating in other methods of sale, such as sealed bid or fixed price.
Disputes, claims and/or refunds request are not a frequent issues at GSA. Contracts resulting from the sale of any offer, and particularly GSA Auctions are subject to the Contract Disputes Act of 1978 (41 U.S.C. 601-613), A claim or request for refund must be substantiated in writing to the Contracting Officer for issues regarding mis-described property, missing property and voluntary defaults.
If at any time, a participants information changes, it is their responsibility to update the appropriate information with GSA and in GSA Auctions.
Formula and Matching Requirements
Length and Time Phasing of Assistance
Post Assistance Requirements
(Salaries and expenses) FY 07 $16,129,000; FY 08 $23,999,000; and FY 09 $24,476,000.
Range and Average of Financial Assistance
Regulations, Guidelines, and Literature
41 CFR 101-45, Sale, Abandonment, or Destruction of Personal Property. FMR 102-38, Sale of Personal Property. FMR 102-39, Replacement of Personal Property Pursuant to the Exchange/Sale Authority. Pamphlet "For Public Sale! Used Federal Government Personal Property."
Regional or Local Office
Federal Supply Service, General Services Administration, (select address from Appendix IV of the Catalog for the GSA Federal Acquisition Services, Office of Personal Property Management Sales Program Division which serves the geographical area of interest); or Defense Reutilization and Marketing Service (for Department of Defense surplus property), National Sales Office, 74 Washington Ave. North, Battle Creek, MI 49017-3092. Internet: http://www.gsa.gov.
GSA Federal Acquisition Service, Office of Personal Property Management, Sales Program Division, 2200 Crystal Drive, Crystal Plaza 4, Suite 703, Arlington, VA 22202 or Defense Reutilization and Marketing Service (for Department of Defense surplus proprerty), National Sales Office, 74 Washington Ave, North, Battle Creek, MI 49017-3092. Headquarters Office: Director, Office of Personal Property Management, Office of General Supplies and Services, Federal Acquisition Service, General Services Administration, Washington, DC 20406. Telephone: (703) 605-5610.
Criteria for Selecting Proposals
Nobel Peace Prize winner, founder of Grameen Bank and chairman, Muhammad Yunus, writes about happiness: That happinessÂ comes from many sources, not as the current economic framework assumes, just from making money.