Bid4Assets, the online auction company that already sells for several Federal,State and County government entities was awarded the renewal contract for the U.S. Marshal’s Service worth an estimated 4.75 million.
President and CEO Jeff Weingrad said in a press release, “Bid4Assets wants to thank the USMS for their confidence and support. We’re proud of our long and successful relationship with the U.S. Marshals Service. This contract is a testament to Bid4Assets commitment to service excellence and delivering results.”
Many of the major departments in Government have auctions that are live on Bid4Assets.
Pointer: Ina@Auctionbytes.com
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June 25th, 2007 at 12:23 pm
Hi there,
Yeah, police auctions do seem to be ‘big business’ in their own right.
A site of ours has UK police auction information on it, and has recently been featured in The Guardian online newspaper, as well as the ‘old fashioned’ print version.
The article was basically about purchasing police auction items on the cheap and then selling them on for a profit.
One thing that does make me wonder with this, is why more police forces don’t use the power of the net to sell off unclaimed property?
It looks like more and more people are interested in purchasing property from the police and then re-selling it on ebay.