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U.S. General Services Administration
GSA Auctions ®: A Federal Asset Sales Sales Center
GSA Auctions ®: A Federal Asset Sales Sales Center
Federal Acquisition Services
Candice WaddlesGSA Sales
Ph: 312-886-8677 / Fax: 312-353-0807 or [email protected]
Candice WaddlesGSA Sales
Ph: 312-886-8677 / Fax: 312-353-0807 or [email protected]
FEDERAL DISPOSAL PROCESS
EXCESSEXCESS SURPLUSSURPLUS
SCREENINGSCREENING
InternalAgencies/Bureaus
Of your Department
Federal AgenciesCost Reimbursable Contractors
Grantees
Public AirportsState Agencies for Surplus
PropertyNonprofit Educational & Public
Health Activities Service Educational Activities
AGENCYSCREENING
SCREENINGAnd
FEDERAL TRANSFER21 DAYS
DONATIONNOTIFICATION
5 DAYS
SALES
DONATIONREMOVAL
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Categories of Property for Sale
Exchange/Sale Property – FMR Part 102-39 – Replacement of Personal Property Pursuant to the Exchange/sale Authority
Surplus Property – FMR Part 102-38 – Sale of Personal Property
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Exchange/Sale….Exchange/Sale….
Exchange/SaleExchange/Sale “means property “means property notnot excess to the excess to the needs of the holding agency but eligible for needs of the holding agency but eligible for replacement. Exchange allowance or proceeds of replacement. Exchange allowance or proceeds of sale sale mustmust be applied towards replacement item” be applied towards replacement item”
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http://gsaxcess.gov/
Agency Requirements Completes SF126 for exchange/sale property not required
for screening through GSAXcess®
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Sales Portal Through USA.gov Through GovSales.gov
Single Point of Entry for Citizens To find all government property available for sale
– Real Property– Personal Property – GSAauctions.gov
Surplus Exchange/sale
– Seized and Forfeited
Federal Asset Sales
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Selected Sales Center Model Approved Personal Property Sales Centers
– US General Services Administration Federal Acquisition Service, Property Sales
– US Department of Agriculture Centralized Excess Property Operation
– US Department of Justice US Marshals Service
– US Department of Treasury Asset Forfeiture Division
– US Department of Interior National Business Center (NBC)
– US Department of Treasury Internal Revenue Service
Also Real Property Sales Centers
Federal Asset Sales
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Federal Asset Sales
On-line SalesSecure internet site Posting of items Posting of photos Featured items—listing and homepageMaintenance of registered bidders Electronic paymentAutomated closing Bid period extensionRegistration verification engineCollection of bid deposits
Off-line SalesAdvertising of sale event Maintenance of specialized mailing listsPrinting and distribution of IFBsBid openingRegistration of biddersAuctioneerOn-site Sales Contracting OfficerOn-site collection of paymentsFollow on collection of defaults/late payments
Basic Services Offered – Asset lotting guidance Sales preparation Asset description and listing preparation
assistance Preparation of award documents Contract awards Financial and property line item
accountability Contract administration Collection and processing of bid deposits Collection and deposit of proceeds Distribution of proceeds
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Federal Asset Sales
The GSA Auctions® Sales Center represents the entire breadth of the GSA personal property sales program including sales services for all commodities of personal property, through all authorized methods of sale such as:
GSA Auctions®
Sales Center
InternetAuctions
www.gsaauctions.gov
NegotiatedFixedPrice
LiveAuctions
DropBy
SealedBid
SpotBid
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GSA Auctions® www.gsaauctions.gov
How does it work?
What can we sell?
Preferred Sale Method
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Provides digital picture and detail description
Provides Custodian for inspection and pickup
Coordinate with GSA Office on
reserve/upset prices and
time frames
Special requirements for removal
Communicate when property is removed
GSA Auctions.gov does the rest!!
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Upset price is the lowest price the agency is willing to acceptIf upset price is not met (GSA will contact you with highest bid)Our time frames for on-lines sales are usually 7 or 15 days
Upset Price/Time Frames
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PICTURES AND
DESCRIPTIONS CAN
BE IMPORTANT AND
BENEFICIAL!!
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What Can I Expect to Receive if the Item Sells?
When an item sells a copy of the Purchaser’s Receipt will be sent via email at the time of payment to the custodian.
Upon pick up of the property, the custodian should have the bidder or shipping company sign the receipt for pick up, and fax this back to the GSA sales contracting officer.
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What Happens if an Item Doesn’t Sell?
When an item doesn’t sell, the Sales Contracting Officer (SCO) will contact the owning agency’s Point of Contact (POC) and coordinate a second attempt.
If the item doesn’t sell after agreed attempts by the owning agency and SCO, a return letter or an email from the Sales Contracting Officer will be sent to the owning agency POC.
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Fee structure for commodities other than vehicles
Asset Sales Price Rate Per Item
$.01 - $1,000.00 $250 or award amount if less than 250
$1,000.01 – 5,000.00 25% of proceeds
$5,000.01 – 25,000.00 20% of proceeds
$25,000.01 – 50,000.00 17% of proceeds
$50,000.01 – 100,000.00 14% of proceeds
$100,000.01 – 150,000.00 11% of proceeds
$150,000.01 – 250,000.00 8% of proceeds
$250,000.00 and higher 6% of proceeds*
*Represents the maximum fee, but can also be negotiated by each agency
Currently revising fee structure
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GSA Auctions® Fee Structure Example
ForkliftReported as exchange/saleSales price $610Award amount between $0.01 and $1000.00Our fee is $250Net proceeds returned to agency $360
Bowling alleyReported as exchange/saleSales price $28,014Award amount between $25,000.01 and $50,000Our fee is 17%, equates to $4,762.38Net proceeds returned to agency $23,251.62
LadderReported as exchange/saleSales price $40Award amount under $250Our minimum fee is $250 or award amount if below $250No monies returned
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Implementation: January 17, 2001
Registered Bidders: 187,502
Total Dollar Proceeds: $51,775,681.83
Success . . .
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U.S. General Services Administration
www.mysales.fss.gsa.gov
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Confirm withdraw.
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Ultimate Success of Disposal
Questions???
