Internet Auction of Surplus Equipment
SCAC participates in a program for the internet auction of surplus equipment through GovDeals.com. GovDeals provides a platform for county and local governments to sell surplus equipment/assets and confiscated assets via online auction.
Since the program's inception in early 2004, assets generating $25 million have been sold by South Carolina counties through GovDeals. The primary benefit provided by GovDeals is increased revenue from surplus equipment and assets—most clients claim 20-50 percent more revenue from assets and equipment than they had ever received via local public auction. Added benefits are reduced asset depreciation and reduced costs for storage and transportation, because GovDeals allows governments to sell equipment and assets immediately without providing long-term storage in anticipation of a local auction.
Sales Representative, Mid-Atlantic Region