GovSales is a product of the Federal Asset Sales initiative, which is one of the President’s Expanding Electronic Government initiatives, and it is one of the five E-Government initiatives managed by GSA. Its mission is to create a secure, efficient, and effective online e-marketplace that will serve as a single-point for the public to find and buy federal assets.
Each year the federal government sells billions of dollars of surplus, seized, forfeited and exchange/sale assets. GovSales was launched to make it easier for citizens and businesses to locate government assets for sale and to effectively improve the promotion of government sales through a centralized, citizen centered website and additional advertising.
GovSales objectives are to:
Make it easier for citizens and businesses to find and buy government assets;
Increase agencies' net proceeds from asset sales;
Decrease agencies' expenses related to asset sales;
Accelerate asset sales time;
Leverage economies of scale and reach a broader customer base; and
Take advantage of market driven "best in class" practices and solutions.
All agencies now sell their unwanted assets using the Sales Center (SC) market-driven approach for asset sales. For more information on the GovSales initiative, feel free to use the "Contacts" in the right margin.