Review of Sealed Bid Practices
LCD-77-209
Published: Jan 28, 1977. Publicly Released: Jan 28, 1977.
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Highlights
The bid receipt, opening, and acceptance practices for surplus property sales followed by the General Services Administration (GSA) Region V in Chicago were investigated. A sale for a surplus flexowriter was questioned. Procedures for handling sealed bid sales were reviewed and selected actual sales transactions were observed.
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Topics
Advertised procurementOffice equipmentProcurement regulationsProperty disposalSales contractsSurplus federal propertyBid evaluation protestsCommunicationsSurplus propertyRecords management