The Defense Logistics Agency, a combat supply organization that supports the Dept. of Defense and joint and allied forces, will award Government Liquidation the Vendor Excellence Award for Large Business, on Oct. 23 in Fort Belvoir, Va. The website sells over 500 kinds of scrap and surplus government assets.
This is the fourth time DLA has given an award to Government Liquidation’s parent company, Liquidity Services, Inc., for its work.
“We are part of a critical government mission to keep surplus and idle inventories moving out of facilities nationwide in a secure and efficient manner and are honored that the DLA has recognized our team as a superior and dependable vendor,” said Tom Burton, president of Liquidity Services’ Government Liquidation business. “We receive 10,000 surplus items per week and 20-30 million pounds of scrap metal per month at military installations across the country, all of which are identified, processed and prepared for auction. This award is a direct reflection of the hard work and outperformance of our staff and its unyielding commitment to maximizing efficiency and recovery value for our government partner while protecting our nation’s security and maintaining 100 percent compliance with each sale.”
Liquidity Services has sold nearly two billion pounds of scrap metal, and over 55 million Dept. of Defense surplus items on the site, earning the U.S. Treasury over $500 million.