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What is the Federal Asset Sales (FAS) initiative?

April 26, 2017ASSET FAS Federal Initiative sales

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What is the Federal Asset Sales (FAS) initiative?

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The Federal Asset Sales (FAS) initiative is an E-Government program designed to improve and optimize the way the federal government sells its surplus, excess, seized, and/or forfeited assets to the public via online and offline auctions. It is intended to create a secure, efficient, and effective online e-marketplace at GovSales.gov.