By Free Republic | Created at 2024-12-26 17:35:20 | Updated at 2024-12-27 09:19:31
15 hours ago
SNIP
"According to the GovPlanet listings, in October alone the U.S. government made a total of $115,910 from the metal fencing tubes, which measure 28 feet long and are typically anchored into the ground with concrete. The latest four lots, sold on October 4, saw prices ranging from $25,700 to $32,505.
Across September, it recouped $455,100 from numerous lots of different quantities which attracted a range of winning bids. Previous estimates suggest it made around half a million dollars from the sales in August, with listings dating further back in the year.
A USACE spokesperson previously told Newsweek that the materials were being disposed of "in accordance with the Federal Acquisition Regulation."
"USACE has already transferred approximately $154 million worth of the roughly $260 million of bollard panels and other materials in accordance with standard excess property disposition procedures," a spokesperson said at the time. "USACE stands ready to implement a decision regarding disposition of the remaining materials."
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