| Burlco eyes Web auctions
Burlington County plans to join other local governments in auctioning government surplus items on the Web. The Burlington County Freeholders authorized its treasurer's office to sign an agreement with GovDeals Inc., which operates an Internet auction site called www.govdeals.com. The freeholders said they will sell vehicles and office equipment to the public online to make more money, save time and attract more bidders. Sharon Brauckmann, county purchasing agent, said the auction would be held later this year and not until the state Department of Community Affairs gives its approval. She said the state must approve a county application to waive the normal local public auction using an auctioneer. Kurt Brock, the county's chief financial officer, said the state is approving Internet auctions of government property only on eBay and GovDeals.
Louisville eclipses million-dollar milestone in surplus sales
LOUISVILLE, Ky. -- Mayor Jerry Abramson today announced that the city has "unloaded" more than a million dollars worth of surplus government vehicles, equipment and other items through online auctions. Metro Government sells obsolete and other surplus items through its website, LouisvilleKy.gov, and GovDeals.com, an online service similar to eBay. The $3,760 sale of a Case International 585 tractor to a bidder in Cookeville, Tenn., recently brought the total funds generated through the online auctions to more than $1 million. "The online auctions are a creative way this government is operating efficiently and effectively for our citizens," Abramson said. "We're unloading items that have outlived their useful life for government, and in doing so creating a revenue stream and reducing warehouse space." Abramson said the online auctions often generate more money than traditional auction-house auctions because items are up for bids around the clock and the online auctions allow more people - virtually from anywhere - to participate.
Hawks throw down with former Bulldogs coach
Shorter College will welcome football legend Vince Dooley to the Forum tonight. He will be the feature presentation of the second annual Hawks Super Night. The event is the main fundraiser for the Hawks Football team, which has been on the Hill for two years. In addition to Dooley, the night will hold a catered dinner from Outback Steakhouse and two auctions (silent and live) containing donated local services, gift certificates and sport items. Funds will be raised by entry admission, auctions and participation from official sponsors Outback Steakhouse, 95.7 The Ridge and Kevin Snodgrass. There are three levels of entry into the event: corporate sponsorship ($1,500), table sponsor ($700) and individual tickets ($60). Bo Hamil, the football booster club president, said "This is sure to be one of the premier events in Rome this year.
London midday: Bids fail to excite buyers
LONDON (SHARECAST) - Losses at Barclays and AstraZeneca, who both launched multi-billion pound takeovers today, are offsetting oil sector strength and bid interest elsewhere, leaving London little changed at lunchtime. Barclays has launched an agreed all share offer for Dutch bank ABN Amro worth over 67bn, but the banks shares fell as analysts expressed doubts about the tie up and said the deal was fully priced. They reckon Royal Bank of Scotland, which has been circling ABN together with consortium members Fortis and Santander, is likely to trump todays deal. Barclays shareholders will own about 52% of the enlarged company. Annual pretax synergy benefits of about 3.5bn by 2010 are forecast with 23,600 jobs to go. Peers HSBC and Lloyds TSB also fell. AstraZeneca, meanwhile, has agreed to buy US biotech MedImmune for $15.2bn.
Wolcott accepts bids for improvement plan
WOLCOTT - Moving forward with its wastewater improvement project, the Wolcott Town Council accepted the low bids for the two divisions of the plan, though award season won't come for another month. At a special session last week, the council closed the bidding process, with project engineer Dave Ayala checking the compliance of each one after review. At Tuesday evening's meeting, Ayala told the board that a resolution was necessary to accept the two lowest bids for him to forward on to the state. "I need a resolution from you accepting the apparent low bidders for the project," said Ayala. "I want to have everything ready to submit to the state for the SRF (State Revolving Fund)." For Division A of the project, titled "Improvements to Wastewater Collection System, relining of sewer tiles and manholes," the bid submitted by Insituform Technologies USA, Inc.
|