Item Information


Sale-Lot Number:
City, State:
South Weymouth, MA
Current Bid:
250 USD
Close Time:
Time Remaining:



One (1) lot of steel buoys: Steel ocean buoys have exceeded life expectancy and can no longer be used for their intended purpose. Buoys are offered for their material composition in as is condition. Bidder must take into consideration degradation weight loss of buoy during service life. Lower sections of buoys do contain concrete or steel counterbalance. Pictures are stock pictures and may not reflect the actual buoy(s) in this posting. Interested bidders can contact property custodian to schedule site visit. 01-620-1116 - BUOY, NAVIGATIONAL MARKER, UNLIGHTED 1NR 01-620-1130 - BUOY, NAVIGATIONAL MARKER, UNLIGHTED 1CR 01-620-1190 - BUOY, NAVIGATIONAL MARKER, UNLIGHTED 2CR 01-620-1811 - BUOY, NAVIGATIONAL MARKER, UNLIGHTED 2NR 01-620-1128 - BUOY, NAVIGATIONAL MARKER, LIGHTED 5X11 LNR 01-620-1175 - BUOY, NAVIGATIONAL MARKER, LIGHTED 5X11 LCR 01-620-1104 - BUOY, NAVIGATIONAL MARKER, LIGHTED 6X20 LR 01-620-1095 - BUOY, NAVIGATIONAL MARKER, LIGHTED 7X17 LR 01-620-1092 - BUOY, NAVIGATIONAL MARKER, LIGHTED 8X26 LR 01-620-1099 - BUOY, NAVIGATIONAL MARKER, LIGHTED 8X26 LWR 01-620-5090 - BUOY, NAVIGATIONAL MARKER, LIGHTED 9X20 01-620-1079 - BUOY, NAVIGATIONAL MARKER, LIGHTED 9X32 LR Material: Steel Quantity: 1 LT Condition: S Original Acquisition Cost: $893,157.96 1NR steel buoy, new weight 6,000 LBS X 1 6,000 LBS 1CR steel buoy, new weight 6,100 LBS X 3 18,300 LBS 2CR steel buoy, new weight 2,800 LBS X 14 26,000 LBS 2NR steel buoy, new weight 2,600 LBS X 10 39,200 LBS 5X11LNR steel buoy, new weight 3,000 LBS X 2 6,000 LBS 5X11LCR steel buoy, new weight 3,000 LBS x 1 3,000 LBS 6X20LR steel buoy, new weight 6,500 LBS X 5 32,500 LBS 7X17LR steel buoy, new weight 7,800 LBS X 3 23,400 LBS 8X26LR steel buoy, new weight 11,800 LBS X 1 11,800 LBS 8X26LWR steel buoy, new weight 11,800 LBS X 2 23,600 LBS 9X20 steel buoy, new weight 8,000 LBS X 14 112,000 LBS 9X32LR steel buoy, new weight 17,500 LBS X 1 17,500 LBS TOTAL: 319,300 LBS (144.81 MT) NEW CONDITION WEIGHT. Z370209191MP011

Inspection and Removal Information:

Property Location Information:

Inspection and Removal Information:

Property Location and inquiries/questions regarding property inspection and/or removal:

Uscg Industrial Production Facility
65 Trotter Rd
South Weymouth, MA 02190

Contact: Peter Hooper
Phone: 781-340-1373


For inquiries/questions regarding contractual issues, contact the following sales contracting officer/property disposal specialist:

ryan oliver
Phone: 215-446-2851

For inquiries/questions regarding payments ONLY, see the Payment and Removal section of the FAQ's located at the top right of this page OR refer to the contact information provided on your notice of award email.

Auction Description and Bidding Rules

This is an English auction. At the close of the auction, the user with the highest bid wins the auction, as long as that bid is at or above the auction's reserve price. The reserve price is the lowest price accepted for the item.

Once you submit a bid, you cannot cancel it, but you can replace it with a higher bid. When you submit a new higher bid, it replaces your previous one.

Click the Bid History link to see the bids you have submitted in this auction (My Bids).

Auction Properties

Current High Bid
250 USD
Reserve Price
Reserve Price Amount
Bid increment
10 USD
Inactivity period
Run length
Inactivity period for reduction of Bid Increment
Reduction of bid increment
Reduction of bid increment limit
Start Time
09/25 05:00 PM CT
Close Time
10/02 09:55 AM CT

Closing Rules:

This auction will end in one of these ways:

  • At the auction close time if no bids (proxy or flat) are placed within the inactivity period, or the auction is not subject to a inactivity period.
  • After the inactivity period has passed without any bids (proxy or flat) being placed.

Note: "N/A" or a blank indicates that the value is not available for this auction.

How To Bid

Placing a Bid

GSA Auctions only accepts minimum and maximum bids. A maximum bid is the maximum amount you are willing to pay for an item. Maximum bids are also referred to as proxy bids. When you place your maximum bid, GSA Auctions will use as much of your bid as needed to make you the current winner of the auction or to meet the auction's reserve price. The minimum bid you can place is either the starting price of the auction, or the current high bid plus the bid increment.

GSA Auctions only accepts bids in whole dollar amounts. Bids in partial dollar amounts, $150.25 for example, will not be accepted by the GSA Auctions system.

Reserve Price

The reserve price is the minimum price that GSA Auctions is willing to accept for an item. If your maximum bid equals or exceeds the reserve price, your bid will be placed at the reserve price.

How Are Tie Bids Resolved in GSA Auctions? If a bidder places a bid with the same proxy bid amount as another bidder, the previous (first) bidder will have the current high bid since their bid was placed first. Both bids are recorded with the same amount, displaying the first bidder with the same amount as current high bid, until another bidder bids higher.

Competing Proxy Limits

When two proxy bids compete, the greater of the two proxy limits always wins. If the greater proxy limit exceeds the lesser proxy limit by the bid increment, then a bid equal to the lesser proxy limit plus the bid increment will be placed. If the greater proxy limit does not exceed the lesser proxy limit by the bid increment, then the greater proxy limit's maximum bid will be placed.

Increasing Your Maximum Bid

You can increase your maximum bid if you are currently the winner in an auction. To increase your maximum bid, enter an amount greater than your current maximum bid. Increasing your bid will not increase your current high bid.

Decreasing Your Maximum Bid

You can decrease your maximum bid if you are currently the winner in an auction. To decrease your maximum bid, enter an amount less than your current maximum bid. You cannot decrease your bid below the minimum bid price.

Maximum Bid / Proxy Bid

Your maximum bid or proxy bid, submits bids on your behalf. You specify the maximum price you are willing to pay. If you are outbid, the system submits a replacement bid at a higher price to keep you in the auction. It will bid as much as your maximum bid but no more.

Your maximum price is not shown to any other bidders.

If the system reaches your maximum bid limit, it stops bidding for you. Submit another bid if you want to continue bidding.

Winning & Trading

The highest bid at the close of the auction wins.

If your bid is lower than the reserve price, you will not win the auction.

Reduction of Bid Increment Notes

The reduction of bid increment happens when there is no bid activity within a specified time for an auction. The system will decrease the incremental bid amount by a percentage upto a limit based on template codes designed for this purpose. All auctions are not subject to the reduction of bid increment rule. Here's an example: A bid increment is set at $25.00 for an auction. A No-Bid-Period has been set for 2 days at a reduction rate of 10 percent and a reduction limit of $20.00. After 2 full days of inactivity for the auction, the bid increment will be reduced by 10 percent now making the current bid increment $22.00. 10 percent of $25.00 = $2.50 rounded to the nearest dollar $3.00. The reduction is repeated for multiple inactivity periods until the reduction limit is reached or auction closes.

Note: When "Compatible" bidding occurs (two or more bids of the same amount are submitted), the "high bid" is determined by GSA Auctions system's evaluation, based on the time of submission and/or by proxy.

To enhance bidder privacy, and protect GSA Auctions users from fraudulent emails, GSA Auctions has changed how User IDs are displayed on the bid history page. Only you can view your User ID, all other members will see anonymous user IDs, such as Bidder*.

As of February 14, 2009 bidders will be assigned the actual bidder number for the sale/lot based on when they placed their bid, if you are the first bidder for this sale you will see Bidder#1, if you are the second bidder you will see Bidder#2.

Bidders in the Auction (Current top 10 bidders)

Bidder Bid Amount Date-Time

No bids currently or the auction does not allow you to view the bids

Your Bids

Bid # Bid Amount Max Limit Status Date

No bids currently

Please confirm location and directions with the property location point of contact prior to scheduling transportation or pickup.

(*) Possible Extension. See Bidding Rules.