GovSales
GovSales is a product of the Federal Asset Sales initiative, which is one of the President’s Expanding Electronic Government initiatives, and it is one of the five E-Government initiatives managed by GSA. Its mission is to create a secure, efficient, and effective online e-marketplace that will serve as a single-point for the public to find and buy federal assets.
Each year the federal government sells billions of dollars of surplus, seized, forfeited and exchange/sale assets. GovSales was launched to make it easier for citizens and businesses to locate government assets for sale and to effectively improve the promotion of government sales through a centralized, citizen centered website and additional advertising.
GovSales objectives are to:
- Make it easier for citizens and businesses to find and buy government assets;
- Increase agencies' net proceeds from asset sales;
- Decrease agencies' expenses related to asset sales;
- Accelerate asset sales time;
- Leverage economies of scale and reach a broader customer base; and
- Take advantage of market driven "best in class" practices and solutions.
GSA is implementing the GovSales initiative in phases. The first phase was released on September 30, 2005 and modifies USA.gov's “Government Sales and Auctions” webpage. Links on the USA.gov website quickly direct the public to relevant online and offline sales events, where citizens may bid on assets.
On September 30, 2006, GSA launched GovSales.gov, the second phase in developing a single website that will ultimately include all government assets available for sale. GovSales.gov allows the public to search assets available for sale, and makes it much easier for the public to find and purchase real estate and personal property from the federal government.
Beginning in 2007, all agencies will sell their unwanted assets using the Sales Center (SC) market-driven approach for asset sales.
Visit this site regularly for updates on the progress of the Federal Asset Sales E-Gov initiative. For further information, please Contact Us.