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The Surplus Record has been available online since 1986, [4] when buyers would use 2400-baud modems to access it. Currently, it is the largest online directory in the world for surplus capital equipment. [5] The company started its own online auctions in 1999, [1] [6] a year before it was acquired.
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.
Surplus Property Act of 1944 (ch. 479, 58 Stat. 765, 50A U.S.C. § 1611 et seq., enacted October 3, 1944) is an act of the United States Congress that was enacted to provide for the disposal of surplus government property to "a State, political subdivision of a State, or tax-supported organization".
The Montana Historical Society Museum, also known as Montana's Museum, is located in Helena, Montana. Open year-round, the museum's displays include the state's fine art, history, archaeological and ethnological artifacts. The Mackay Gallery of Russell Art features works by Western-artist Charles M. Russell in many media. Other displays include ...
Lewis and Clark County is a county located in the U.S. state of Montana.As of the 2020 census, the population was 70,973. [1] Its county seat is Helena, [2] the state capital. The numerical designation for Lewis and Clark County (used in the issuance of the state's license plates) is 5.
The Montana State Capitol is the state capitol of the U.S. state of Montana that houses the Montana State Legislature which is located in the state capital of Helena at 1301 East Sixth Avenue. The building was constructed between 1896 and 1902 with wing-annexes added between 1909 and 1912.
Helena was initially founded in the downtown section. On July 14, 1864 four miners, dubbed the "Four Georgians" (though only one was from Georgia), discovered gold in a creekbed along what today is Helena's downtown main street, Last Chance Gulch. [4] This sparked a cultural and building boom that lasted 30 years and Helena became the state ...
The uniform-price auction does not, however, result in bidders bidding their true valuations as they do in a second-price auction unless each bidder has demand for only a single unit. A generalization of the Vickrey auction that maintains the incentive to bid truthfully is known as the Vickrey–Clarke–Groves (VCG) mechanism.