The City of Vineland, NJ Achieves $1 Million in Online Surplus Sales Through GovDeals Partnership
July 30 2024 - 8:30AM
The City of Vineland, New Jersey has recently reached the milestone
of over $1 million in surplus property auction sales conducted on
GovDeals, the leading online auction marketplace for government
agencies, educational institutions, and related agencies to sell
surplus assets.
According to Jeanine N. Meneghettie, the city’s Qualified
Purchasing Officer, “Reallocating surplus assets and transforming
them into additional resources for serving our community is a
primary responsibility and we take it seriously. What GovDeals
provides is a way for us to reach a more extensive network of
buyers and to maximize the value we can achieve on those assets,
whether they are vehicles, equipment or anything else that may come
through our office.”
The City of Vineland has primarily used GovDeals for surplus
vehicle and heavy equipment sales. The county first began listing
on GovDeals’ virtual auction platform in June 2009, conducting over
1,069 auctions since that time.
“GovDeals is proud to have played our part in helping the City
of Vineland achieve this milestone and turn excess into success,”
said GovDeals Vice President of Revenue Michael Price. “In every
market where we conduct auctions, we strive to create a process
that saves time, increases revenue and brings essential funds to
government services.”
In the last 12 months, the City of Vineland has achieved over
$93,000 in surplus auction sales. New auctions can be found
regularly on GovDeals, with the county planning to continue its
partnership into the foreseeable future. New bidder registrations
can be completed at GovDeals.com/Register.
About GovDeals
GovDeals is the world’s leading marketplace for
surplus government and educational assets, ranging from heavy
equipment and transportation to industrial machinery and real
estate. The platform specializes in surplus disposition technology,
partnering with government agencies and related entities to sell
"as is, where is" surplus equipment and materials in a transparent
fashion. Sellers can directly launch and manage their listings in
just days with more control and lower fees than traditional auction
solutions. Buyers have direct access to all the surplus assets
across Liquidity Services’ network of marketplaces in one
centralized location. GovDeals is powered by Liquidity Services
(NASDAQ:LQDT), one of the most experienced and trusted companies
supporting millions of customers in the circular economy across the
globe.
Contact:
Angela Jones, GovDeals
(334) 301-7823
ajones@govdeals.com
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