Liquidity Services is apparent high bidder for U.S. DoD contract Liquidity Services announced it has been determined the apparent high bidder for a contract with the U.S. Defense Logistics Agency to purchase, manage and sell non-rolling stock surplus assets of the U.S. Department of Defense. Liquidity Services, Inc.’s high bid was equal to 4.35% of the DoD’s original acquisition value. The Surplus Contract has a base term of two years with four one-year renewal options. Bidding for the DoD surplus rolling stock contract will take place in a live auction being held by the DLA on April 2. Following the conclusion of the auction event and a DLA determined apparent high bidder, Liquidity Services will provide an update on the event results.
Liquidity Services selected by Hallmark Cards Liquidity Services has been selected by Hallmark Cards, to conduct a private treaty event for equipment considered surplus to ongoing operations for Hallmark. The assets consist mostly of industrial manufacturing equipment from Hallmark’s existing Party Supply Manufacturing division at their facility in Leavenworth, Kansas, USA.