Government surplus auctions
GovDeals, Inc. is the leading online auction solution, offering its services to all governmental entities to sell their surplus vehicles, equipment, and other items over the Internet. Currently over 8,500 governments currently use GovDeals to dispose of their surplus assets. The GovDeals’ online auction system consistently generates from 20% to 40% more money for surplus equipment and vehicles than live auctions, sealed bids and most other auction companies. GovDeals, Inc. is a subsidiary of Washington, DC-based Liquidity Services, Inc. (NASDAQ:LQDT).