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This Government Contract opportunity was posted on August 12, 2008. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

99 -- Commercial Venture for Sale of Usable Surplus Government Property

Awarded
08-0001Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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This contract involves a multi-year sale of surplus usable government property located across various sites in the Continental United States, including Alaska, Hawaii, and Guam. The process is designed as a two-step sealed bid, beginning with the submission of technical proposals to assess their acceptability. Only those firms with acceptable technical proposals will receive an Invitation for Bid (IFB) in the second step, at which point they can submit their sealed bids for the surplus property. The contract, titled "99 -- Commercial Venture for Sale of Usable Surplus Government Property" and identified by solicitation number 08-0001, was posted on February 4, 2008. It falls under NAICS code 454111, which relates to retail used merchandise stores, indicating the nature of the commercial venture. The Department of Defense's Defense Reutilization and Marketing Service (DRMS) is managing the offering, which targets commercial firms interested in acquiring surplus items deemed usable by the government. The awardee will be responsible for purchasing these items from multiple locations, with the entire process structured to ensure only qualified bidders participate in the final stages.

General Info

Multi-year sale of surplus government property via two-step sealed bid across U.S. locations.

Agency

N/A

Contract Value

$130,000

NAICS

454111 - Electronic Shopping

Place of Performance

Continental United States to include Alaska, Hawaii, and Guam 49037

Set-Aside

NONE

Award Issued Date

Documents

0

No documents available

Documents will appear here when they are available.

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Uniform Contract Format

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Timeline

1 update
PhaseAwarded
Posted

Presolicitation

Notice updated

The response deadline was removed. The notice title changed. NAICS code added: 454111. The notice description changed.

Awarded

Contract was awarded

Submission Closed

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Organization & Contact Information

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AgencyN/A
Contacts2 people available
OfficeN/A
Organization / Agency
N/A
Office AddressN/A
Contacts
Becky BellingerSales Contracting Officer
Neil WattersChief, Sales Branch

Full Description

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DRMS awarded the Usable Property Sales contract on July 31, 2008. The award was made as a result of a two-step bid process. The contract was awarded to Liquidity Services, Inc. (LSI). The duration of the contract is 3 years with two 1-year options offered at the Government's discretion. DRMS will generate, at a minimum, the lesser of either 130,000 line items of property annually under this contract or issue property with an annual acquisition value of approximately $600,000,000.00

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