One lot estimated to consist of .7501 Bitcoin*****By placing a bid on this sale, the successful bidder understands that the transfer of the Bitcoin will include a fee and accepts that the Network Transaction Fee will reduce the total amount of the Bitcoin that will be transferred by the amount of the Network Transaction Fee. The Network Transaction Fee is presented by the wallet software used by General Services Administration*****The Successful Bidder will be required to remit full payment via Wire Transfer. No other forms of payment will be accepted. A copy of the Wire Transfer form is located under "Additional Documents"*****The Successful Bidder will also be required to complete a "Bitcoin End Use Certificate." This document is also located under "Additional Documents." This form must be filled out in its entirety, and emailed to tonyar.dillard@gsa.gov*****The Successful Bidder will also be required to complete a "Forfeited Property Sales Certification Form." This form will be emailed to the Successful Bidder after the sale close. 70420100470001
Additional Documents
WIRE TRANSFER FORM
BITCOIN END USE CERTIFICATE
Inspection and Removal Information:
Property Location Information:
The Successful Bidder will be required to remit full payment
via Wire Transfer. A copy of this document is located under
"Additional Documents." The payment is due March 19th.
Inspection and Removal Information:
Property Location and inquiries/questions regarding property inspection and/or removal:
General Services Administration
77 Forsyth Street, 4qsca
Suite 100
Atlanta, GA 30303
Contact: Tonya Dillard
Phone: 404-331-0535
Fax: 202-692-3222
TONYAR.DILLARD@GSA.GOV
For inquiries/questions regarding contractual issues, contact the following sales contracting officer/property disposal specialist:
TONYA DILLARD
Phone: 404-331-0535
tonyar.dillard@gsa.gov
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
- 53,104 USD
- Reserve Price
- true
- Reserve Price Amount
- N/A
- Bid increment
- 5 USD
- Inactivity period
- 20
- Run length
- 2
- Inactivity period for reduction of Bid Increment
- 2
- Reduction of bid increment
- 0
- Reduction of bid increment limit
- 5 USD
- Start Time
- 03/15 04:00 PM CT
- Close Time
- 03/17 04:58 PM CT
- Status
- Closed
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 |
| Bidder#29 (Current High Bid) |
53,104 USD |
03/17/2021 04:38:08 PM CT |
| Bidder#31 |
53,021 USD |
03/17/2021 04:35:12 PM CT |
| Bidder#30 |
50,121 USD |
03/17/2021 03:57:53 PM CT |
| Bidder#25 |
50,110 USD |
03/17/2021 03:57:14 PM CT |
| Bidder#28 |
50,070 USD |
03/17/2021 03:54:41 PM CT |
| Bidder#27 |
48,685 USD |
03/17/2021 10:37:40 AM CT |
| Bidder#24 |
45,085 USD |
03/16/2021 11:18:15 AM CT |
| Bidder#26 |
45,070 USD |
03/16/2021 11:18:15 AM CT |
| Bidder#3 |
45,005 USD |
03/15/2021 07:37:30 PM CT |
| Bidder#20 |
45,000 USD |
03/15/2021 07:21:20 PM CT |
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.