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Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
Government purchasing of drugs for medical use is centralised and uses a strategy known as "Volume-based Procurement" (VBP). [82] On 26 December 2023, China prohibited the use of computer CPUs made by US companies Intel and AMD within government PCs and servers. [83]
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.
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Deals on vehicles and jewelry through a U.S. government auction website were a steal in more ways than one: ... He defrauded the government out of more than $150,000 between Jan. 31 and March 21 ...
The Biden administration is spending its final weeks quietly clearing away unused materials at the southern border for auction - in an apparent ploy to sabotage President-elect Donald Trump's ...