Government must quickly auction the 122 cancelled telecom licences
24.05.12
A badly-designed auction can yield suboptimal outcomes as well. Now, there is a lot of work that the government needs to do, quickly, to get the telecom sector back on the rails. More than two months have passed after the court cancelled 122 licences allotted during former minister Andimuthu Raja's tenure. These licences apply to services being offered in various circles by players as diverse as Birla's Idea and Tata telecom, and Indian ventures of Norway's Telenor and Russia's Sistema .
The government granted the licences in the first place, approved overseas investment in the companies and granted the many operating clearances that businesses like telecom need. It must now clear the uncertainty imposed on these companies by the cancellation of the licences. That is its duty.
One way would be to auction these 122 licences before June, when the court's cancellation kicks in and the affected players are forced to shut shop. The government has asked for a much longer deadline, to auction spectrum separately from operating licences. That, unfortunately, won't do for the telecom players affected by the court's order.
Mayor Holden announces plan to hold City-Parish auctions online
24.05.12
Baton Rouge Mayor-President Melvin "Kip" Holden announced Wednesday that the City-Parish has contracted with an online government auction site, municibid.com, to auction off surplus and police-seized items.
Holden said the use of an online auction will provide greater exposure of the surplus items to a broader audience, and ultimately result in greater benefits and cost savings to the City-Parish and taxpayers. The Mayor also said online auctions are widely recognized as a "best practice" approach to inventory management for local governments.
Municibid was chosen because it is designed for local and state government entities. The move will increase non-tax revenue by enabling the City-Parish to more effectively sell surplus items by using municibid's online government auction platform. Unlike other auction services, municibid does not charge commission on sales.
The first round of auction is scheduled to begin on April 20, 2012 and end on May 4, 2012. Items up for auction include cars, trucks, heavy equipment, lawn equipment and computer equipment. Bidding is open to the public.
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government auctions?
Dec 05, 2006 by bayjayes | Posted in Buying & Selling
i recently saw this website autosforpennies.com and it says i can get brand new seized cars from government auctions just buy signing up. does anybody have anymore insight on this
I don't know autosforpennies.com, but I think you're misunderstanding.
Every car auction website cost your signing up fee.
It's one time fee.
But you can't get cars after just paying $40. The signing fee just give you the right to auction the seized car.
After you sign up, you can auction the cars. Much cheaper than retail price.
This starts with a question. Do you believe that anyone sells good cars for a few dollars? Why would they do that? Why would they need to spend any money to advertise it? If cars were a few dollars, wouldn't the sellers have friends and family who wanted them.
If you realistically answer those questions, you will come to see that there is no such thing as a free lunch or a $5 car. A better guess is that by signing up, you will get a list that you could get for free right from the government. That list will not contain any opportunities to get cars for only a few dollars.
united9198 | Dec 05, 2006
Government Auctions?
Jan 11, 2008 by James W | Posted in Buying & Selling
I'm am trying to buy my first car. I want to find a used government car for very little money. What are some websites where I can find these cars. (I want website where I can search and see the price for FREE) thanks
Government auctions are held all the time, all over the country. The following US government web site lists federal auctions, but there are also state, county, and city auctions that aren't listed.
http://www.usa.gov/shopping/cars/cars.sh tml
Here's another site that has more details about how these auctions work:
Those sites are not worth looking into. You will be better of finding a used car sold by a private party seller. Try Craigslist.
Miss Mota Mouth | Jan 12, 2008
What's your experience with government auctions?
Sep 26, 2007 by Rob A | Posted in Buying & Selling
I live in the Washington DC area and I'm interested in going to a government auction because I heard you can get great deals on stuff. Where can you find info for this (DC, MD, or VA) type of event? Like where they're being held and what's being auctioned. I googled it and all I get are sketchy sites where I have to register and stuff.
I worked for the government for 18 years in which I was a part of these government auctions. most of the time they are filled with people who are looking for a deal.They drive the price up and make everything too high.Remember this is stuff the government is getting rid of. As for drug or confiscated cars the ones that are ANY good they use them for undercover vehicles till they are NOT worth fixing. The advertisment you see that tells you that you can find a deal is put on by the very people who auction the stuff off and their comission is determined by the amount of money brought in at auction. Personally I WOULD STAY AWAY. I dont remember but about 3 decent deals gotten at these auctions in 18 years.
chuck t | Sep 26, 2007
Be very careful what you buy. I purchased a lot of computers and they were really old and junk. Look at what you are bidding on before you purchase.
Todd D | Sep 26, 2007
Most of the sites are scams.
All you need is a public auction.
The vehicles sold at government auctions have usually been torn apart searching for drugs and such.
Not everything will be there, and a lot of stuff will be broken.
Depending on the vehicle - replacing these parts can get pretty costly.
cgriffin1972 | Sep 26, 2007
Unless you really know what your doing you simply stay away the odds are not with you,
Here isw a link from my website you may find interesting http://www.usedcartips.org/AUCTIONS.html
Ray | Sep 26, 2007
YOU GET WHAT YOU PAY FOR AND A LOT OF THE TIME YOU WILL HAVE TO TOW IT AWAY.
UCANTCME | Sep 27, 2007
what's a reliable car that people don't usually go for at government car auctions?
Apr 09, 2010 by Bruno | Posted in Buying & Selling
I want to know about any reliable cars that people don't usually auction for at government auctions.
Nissan Versa if they have one. Chevy Malibu is a good choice too.
The Eagle Keeper | Apr 09, 2010
Where can you go for government auctions of repossed property is there an online site?
Apr 25, 2006 by crossingguard24 | Posted in Buying & Selling
I have heard that you can get stuff cheap at these auctions and would like to find a nice car.
Don't expecte huge bargins. These are professional events attended by professional buyers. Most of the cars are not in good condition and need work, and any 'nice' cars go for a premium because there are atleast 10 seroius buyers looking to purchase the car for resale.
This link has all the auctions put on by the us government
http://www.ustreas.gov/auctions/
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The five blocks were part of eight parcels included in the auction. The remaining three were for government and commercial buildings and failed to attract
MAINEVILLE, Ohio, July 1 /PRNewswire/ -- Penny Worley Auctioneers (www.worleyauctioneers.com) announces online auctions of government assets from four and more »
The HinduOil firms can soon choose blocks for E&P activitiesAt present, the government auctions oil and gas blocks every year under the new exploration licensing policy (Nelp). Under the new regime, companies can 'Open bids' to do away with block auctions: Petroleum MinisterBlock auction to make way for open bids soon: Deoraall 100 news articles »
Financial TimesFinancial markets have flashed signals of concern about some banks' exposure to losses on government bonds and real-estate loans, and watched closely to see Shares Fall, Bonds Up As Nerves Hit Europe's MarketsThe ECB failed to sterilize its bond purchases in the most recent weekEuro To Resume Weakness After Brief Rebound, ECB On Hold Until 2H11 -all 1,045 news articles »
The HinduOil firms can soon choose blocks for E&P activitiesAt present, the government auctions oil and gas blocks every year under the new exploration licensing policy (Nelp). Under the new regime, companies can 'Open bids' to do away with block auctions: Petroleum MinisterBlock auction to make way for open bids soon: Deoraall 100 news articles »
