North Carolina S231 allows state agencies to use third-party auction services for selling surplus property, with specific conditions and reporting.
North Carolina S231 establishes procedures for state agencies to use third-party auction services for disposing of surplus property. Agencies must submit petitions to the State Surplus Property Agency for approval, which will consider factors such as the auction service's compliance history. Approved agencies can list items for auction, with certain items requiring a minimum bid price. The bill mandates record-keeping and annual reporting to the Joint Legislative Oversight Committee on General Government.
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