7.1.3: Electronic Federal Asset Sales and GovSales.gov

Improve and optimize the way the federal government sells its personal and real property assets.

Other Information:

Electronic federal asset sales, also known as eFAS, is an e-government program to improve and optimize the way the federal government sells its personal and real property assets. The eFAS program focuses on the sales phase of asset life cycle management and offers significant benefits to participating federal agencies and the public. Agencies transfer property to sales centers, and the public visits GovSales.gov to view the property available for sale. GovSales.gov is the one-stop shopping location for excess and surplus federal government property. The public accesses the Web site and browses items ranging from computers to jewelry. Before the portal was created, the government advertised its property using more than 163 federal Web sites, and the public searched the Internet, newspapers, and other sources to find government property for sale. Now, all property is displayed in one location, at www.govsales.gov.

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