The Finance and Administration Cabinet’s Division of Surplus Properties (DSP) is hosting an online auction of heavy equipment no longer in use by the Kentucky Transportation Cabinet’s (KYTC) Division of Equipment.
The annual auction, which got underway on Monday, will close on Wednesday, Oct. 22 at 10 a.m. EDT.
Heavy duty trucks, snowplows, tractors, mowers, assorted parts and equipment are just a few of the pieces presented for public purchase. To view items, register to bid and read the auction terms and conditions, visit here.
“Through this auction, we are making sure this equipment continues to serve Kentuckians in a new way,” said Finance and Administration Cabinet Secretary Holly M. Johnson. “This process allows eligible nonprofits and government agencies to purchase equipment the state no longer needs, so we can use taxpayer dollars more efficiently.”
Proceeds from the sale will go to support projects at KYTC and DSP. In 2023, the surplus heavy equipment auction generated more than $2.2 million in revenue.
“The annual surplus equipment auction is an effective way to repurpose used vehicles and equipment by giving them a second life with private citizens,” Kentucky Transportation Cabinet Secretary Jim Gray said. “A portion of the revenue generated feeds back into our equipment program to purchase new equipment used to deliver valuable transportation services across the commonwealth.”
A 7% buyer’s premium will be added to all final bids. Payments must be received by DSP before the close of business, on Oct. 25, 2024. No payment extensions will be granted, and all sales are final.
The shipping and removal of purchased items is the sole responsibility of the buyer. Property may be picked up beginning Monday, Oct. 28, through Friday, Nov. 1. The pickup schedule will be provided along with invoices for payment. No property will be released without a stamped, paid invoice from DSP.
By Tom Latek, Kentucky Today
