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In June 2020 Bid4Assets conducted Utah's first internet-based tax sale for Iron County, Utah. All 135 properties either received a bid or were redeemed for payment of taxes. [15] In October 2020, Bid4Assets pioneered Pennsylvania's first internet-based sheriff sale for Montgomery County, Pennsylvania. Montgomery County's sheriff was quoted as ...
FedBid, Inc. is now known as Unison Marketplace Inc. Unison Marketplace is a privately held company based in Vienna, Virginia, that operates a full-service online marketplace designed to optimize how federal, state and local governments, and educational institutions purchase simple goods and services such as IT products, office supplies and lab equipment, through a reverse auction-based platform.
The Government Accountability Office (GAO) has observed that "responsiveness is determined at the time of bid opening from the face of the bid documents", [42] and that "unless something on the face of the bid, or specifically a part of it, limits, reduces or modifies the bidder's obligation to perform in accordance with the terms of the ...
Auctioneers and sellers would post notices describing items for sale, minimum bids, and closing times. [8] As the popularity of online auctions grew, websites dedicated to the practice began to appear in 1995 when two auction sites were founded. [9] The first online auction site was Onsale.com, founded by Jerry Kaplan in May 1995. [10]
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