LOS ANGELES – US Auctions has signed a three-year auction contract with Omnitrans of San Bernardino County, Calif. After a competitive bid, US Auctions was selected to auction transit buses for Omnitrans for the next three years with two additional single-year extensions. US Auctions is also close to signing a yearly contract with Riverside Transit Authority of Riverside County. In addition, the company’s East Coast operation has signed a five-year auction contract with New York Power Authority. US Auctions was formed one year ago and provides clients a full-service, turnkey disposal system that aggregates like-kind equipment with other agencies to maximize return of investment.