Each year the federal government sells billions of dollars of surplus, seized, forfeited and exchange/sale assets. GovSales was launched to make it easier for citizens and businesses to locate government assets for sale and to effectively improve the promotion of government sales through a centralized, citizen centered website and additional advertising.

GovSales objectives are to:

• Make it easier for citizens and businesses to find and buy government assets;
• Increase agencies' net proceeds from asset sales;
• Decrease agencies' expenses related to asset sales;
• Accelerate asset sales time;
• Leverage economies of scale and reach a broader customer base; and
• Take advantage of market driven "best in class" practices and solutions.