The Defense Logistics Agency, under contract with IronPlanet, received more than $3.2 million during the first two months of online public auctions for excess rolling stock, including Humvees.
by Staff
March 27, 2015
Screencapture of GovPlanet.com
1 min to read
Screencapture of GovPlanet.com
A new contract for auctioning excess rolling stock brought the Defense Logistics Agency (DLA) about triple the revenue over its previous contract. The contract with IronPlanet, which began in November, returned more than $3.2 million to the agency during the first two months of online public auctions, according to the DLA’s Loglines magazine.
Under the contract, IronPlanet returns 75.29% of rolling stock gross proceeds to the agency and pays a percentage of the original acquisition cost upon receipt.
Ad Loading...
Humvees authorized for sale to the public proved to be popular, generating almost $600,000 from the sale of 25 units. The agency also sells trucks, trailers, generators, wheel loaders, cranes, crawler tractors, and other equipment through the company.
Iron Planet launched the GovPlanet website in September after it was awarded the contract to manage and sell rolling stock surplus assets of the Department of Defense. GovPlanet.com serves as the primary marketplace for these assets.
The DLA is the Department of Defense's largest logistics combat support agency. It oversees the 1033 program that provides excess military equipment to law enforcement agencies.
In a recent development focused on improving operational efficiency, Franklin County, Missouri, has entered into agreements with Enterprise Fleet Management.
What is the state of the vehicle market today? What are you thinking about when deciding to order vehicles? What might be some of the considerations for vehicle replacement? Find answers to these questions and more on this episode of GovCast.
Commercial fleets are constantly dealing with canceled vehicle orders. Government fleets can help meet these needs – and cash in – by selling their used vehicles and heavy equipment.
The city's previous contractor argues it was not made aware of a new contract DCAS was working on for 10 months. It also argues the new contract will cost the city $6 million more.
For fiscal-year 2021, New York City DCAS brought in $15.75 million in revenue between the sale of used vehicles and pursuit of restitution when private vehicles damage fleet vehicles.
We’d like to introduce you to some of the most influential women in the fleet industry. These women are trailblazers in an industry that is often thought of as being male dominated. Here we break those stereotypes down.
