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The Federal Property and Administrative Services Act of 1949 is the United States federal law which established the General Services Administration (GSA). [1] The act also provides for various Federal Standards to be published by the GSA. Among these is Federal Standard 1037C, a comprehensive source of definitions of terms used in ...
A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority. [1] [2] [3]
GSA was initially responsible for emergency preparedness and stockpiling strategic materials to be used in wartime until those functions were transferred to the newly created Federal Emergency Management Agency in 1979. [10] In 1984, GSA introduced the federal government to the use of charge cards, known as the GSA SmartPay system. [11]
The Trump Organization has formally notified the General Services Administration (GSA) of its plans to sell its hotel in Washington, D.C., one month after reports surfaced that the company had ...
The General Services Administration (GSA) is responsible for the purchase, supply, operation, and maintenance of federal property, buildings, and equipment, and for the sale of surplus items. GSA also manages the federal motor vehicle fleet and oversees remote work centers and civilian child care centers.
Contracts for federal government procurement usually involve appropriated funds spent on supplies, services, and interests in real property by and for the use of the Federal Government through purchase or lease, whether the supplies, services, or interests are already in existence or must be created, developed, demonstrated, and evaluated. [3]
It also set a deadline of September, 30, 2021 for sale of the reserve. The Bureau of Land Management (BLM) transferred the reserve to the General Services Administration (GSA) as surplus property, but a 2022 auction [10] failed to finalize a sale. [11] On June 22, 2023, the GSA announced a new auction of the facilities and remaining helium. [12]
It sounds like a good idea to the internet savvy: Take sheriff's sales of foreclosed properties online to benefit sellers and lenders. Is it legal? Foreclosed-property buyer slams Oklahoma County ...