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Goverment Auctions Government Loans Free Money

Goverment Auction
This pamphlet explains how to buy U.S. Department of Defense (DoD) auction1
surplus personal property.

Headquarters, Defense Reutilization and Marketing Service (DRMS),
manages the DoD sales program for the Defense Logistics Agency, Sales
are conducted on a national and local basis by various sales methods
through the National Sales Office (NSO) and numerous Defense
Reutilization and Marketing Offices (DRMOs) located worldwide.
auction2
Defense Reutilization and Marketing Service (DRMS) sells primarily
DoD surplus personal property, DoD retains only property to fulfill
current or foreseeable requirements, Only property which is not required
by DoD, other federal agencies, or authorized donees is sold to the
general public, DRMS sells usable items suitable for use or recovery of
parts, or recyclable materials (e.g., ferrous and nonferrous metals,
plastics, paper, textiles, rubber, used oil and lubricants.)

DRMS does not sell real estate, confiscated or seized items (i.e.
sports cars, and luxury items), most contractor inventory (properly in
possession of contractors performing government contracts), or material
of primarily military application (i.e. weapons and items of an
offensive or defensive nature).

Sale of U.S. Government-owned real estate and surplus property
generated by most federal agencies is the responsibility of the General
Services Administration (GSA). For information, contact a GSA sales
office listed on page 14.

ELIGIBILITY OF BIDDERS auction3

With few exceptions, any member of the general public may bid on
DoD properly provided he is not (1) under 18 years of age; (2) an
employee of an agency of the Federal Government, (either as a civilian
or as a member of the Armed Forces of the U.S., including the U.S. Coast
Guard on active duty) prohibited by the regulations of that agency from
purchasing property sold hereunder, or; (3) an agent or immediate member
of the household of the employee in (2) above.

NATIONAL SALES

The National Sales Office in Memphis, TN, is now the consolidated
sales office that will conduct all national sales of DoD surplus
property. They prepare sales catalogs, administer bid openings, make
awards and conclude contractual arrangements. Mailing address is:

Defense Reutilization and Marketing Service
National Sales Office
P.O. Box 5275 DDRC
2163 Airways Blvd.
Memphis, TN 38114-5210

SALES CATALOGS auction4

A sales catalog describes the properly, sale location, property
location, inspection and sale dates, and contact for further
information. Catalogs are mailed well in advance of the date of sale to
allow sufficient time for inspection.

NATIONAL SALES METHODS

Sealed Bid

Sealed bid sales are used to sell large quantities of properly to
buyers on a regional or national marketing basis. Recyclable materials
are usually sold by this method.

Term sealed bid sales are used when property, generally recyclable
materials, is required to be removed as it is generated throughout a
specified period of time.

Bidders enter the prices they will pay on the bid forms in the
catalog. complete other required forms. and return them to the sales
office alone with the required deposit. Bids are opened on the specified
date. Subsequently, awards are made and bidders noticed.

National Auction

A national auction is used to sell a substantial quantity or
variety of property having wide commercial application.

NATIONAL BIDDERS LIST

National Sales Office (NSO) maintains a single National Bidders
List for automatic mailing of national sales catalogs. Upon completion
of an application, your name will appear on the National Bidders List
which records the geographical location(s) and class(es) of property you
identify. When the class(es) of property become(s) available for sale in
the geographical area(s) specified, you will receive a copy of the sale
catalog(s).

To be placed on this list, complete the enclosed application and
return it to Defense Reutilization and Marketing Service, National Sales
Office, P.O. Box 5275 DDRC, 2163 Airways Blvd., Memphis, TN 38114-5210,
Phone: 1-800-468-8289.

Your name may be removed from the list for failure to participate
after receipt of at least five catalogs. if you indicate an excessive
number of classes and/or geographical locations on your application, and
do not participate in sales, removal may occur soon.

The Commerce Business Daily (published daily Monday through Friday,
except Federal Holidays) contains notices of scheduled DoD national
sales. It may be obtained from the Superintendent of Documents,
Government Printing Office, Washington, D.C. 20402.

EUROPEAN NATIONAL BIDDERS LIST

Europe division office maintains the national bidders list for sale
of property held by those installations within its geographical area. To
be placed on this list, contact Defense Reutilization and Marketing
Region - Europe, Europe Division Office, Lindsey A.S., Unit 4490, APO
AE, 09196, Phone 0611-82-3505

PACIFIC NATIONAL BIDDERS LIST

Pacific division offices maintains the national bidders list for sales
of property held by those installations within its geographical area. To
be placed on this list, contact Pacific Division Office, Blvd. 12, Camp
H.M. Smith, HI. 96861-5010, Phone (808) 477-1227.

LOCAL SALES

Local sales are conducted by the DRMOs. Information can be obtained
from the DRMO in your area (see pages 9 through 13). Information and/or
identification of DRMOs in the Europe and Pacific areas can be obtained
by contacting the Europe or Pacific sales division office at the address
provided above.

LOCAL SALES METHODS

Auction

The local auction is used at DRMOs where there are a variety of
items in small quantities which hold substantial interest and demand in
the local market.

Spot Bid

The local spot bid is similar to auction except bidders submit bids
on forms provided by the DRMO. Awards are made to the highest bidder,
item by item, as the sale progresses.


Cash and Carry

Cash and carry sales are conducted by most DRMOs and offer small
quantities of individual items at fixed prices based on the current
market value. Contact the DRMO for information.

Lowest Gas Prices and Gas Savers from GovernmentAuctions.org PR Web (press release), WA - 6 hours ago GovenmentAuctions.org, the leading bargain-hunter website that provides information on government auctions and foreclosures has decided to step in and ...

Japan's Bonds May Fall as Traders Sell Before 10-Year Debt Sale Bloomberg - Jul 1, 2008 Benchmark 10-year yields are likely to climb toward the highest in a week on speculation primary dealers, which are obliged to bid at government auctions, ...

‘James Bond' fantasist is jailed Warrington Guardian,  UK - 10 hours ago The court heard how he told the police officer he and his MI5 colleagues were in a syndicate and bought items at Government auctions before selling them on ...

Company that Organized Government Agencies is Now Organizing ... MediaSyndicate (press release) - Jun 18, 2008 Ellen Hughes is an organizational expert and her Government Auctions/Sales Manual (GASM), reviewed in Kiplinger, Reader's Digest and Bottom Line/Personal, ...

India expects over $3 billion investment in oil, gas exploration MarketWatch - Jul 1, 2008 NEW DELHI (Dow Jones)--India expects to rake in investments of more than $3 billion for exploration in oil and gas blocks offered in its latest auctions ...

Choosing the Best Inflation Protection Wall Street Journal - Jun 26, 2008 The government auctions five-, 10- and 20-year TIPS in $100 increments. Afterward, the bonds, which offer semiannual interest payments, ...

LCR chief is approached for Network Rail position Telegraph.co.uk, United Kingdom - Jun 16, 2008 Mr Holden has already signalled his intention to step down when the Government auctions the high-speed line next year as part of a process that will see LCR ... LCR chief approached for Network Rail post Contract Journal all 3 news articles

Cascade Festival of Music Canceled KOHD, OR - Jun 26, 2008 Historic Building Auctioned The federal government auctions off a piece of Downtown Bend history. Leader Resigns A leader at the Redmond Humane Society ...

Sisters Man Identified KOHD, OR - Jun 26, 2008 Historic Building Auctioned The federal government auctions off a piece of Downtown Bend history. Leader Resigns A leader at the Redmond Humane Society ...

STOCKS NEWS ASIA-Exporters seen up on dollar, credit woes linger Reuters India, India - Jun 9, 2008 ... May TAIPEI - Taiwan government auctions T$35 billion worth of 10-year treasury bonds (Reporting by Geraldine Chua; Editing by Louise Heavens)

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