The Department of Energy (DOE) and National Nuclear Security Administration (NNSA) needed to liquidate hundreds of thousands of pieces of unused nuclear grade equipment from the MOX project nuclear power plant in South Carolina after it was cancelled by Congress due to vendor fraud.
1090 Joey Zorn Blvd.
Barnwell, South Carolina 29812
Savannah River Site
Savannah River Nuclear Solutions (SRNS)– the prime contractor working with the DOE and NNSA on the cancelled project–sent requests for proposals to auction companies around the country in its search for the most qualified small business to auction these assets. After proposals were submitted and reviewed by SRNS, the DOE and the NNSA, AW Properties Global and its online auction platform, AuctionWorks, was ultimately awarded the contract for the liquidation of these assets.
Through six timed online auctions our team sold 893 lots, generated $2,684,714.89 in revenue and had 317 unique bidders from the United States, United Arab Emirates, Australia, Brazil, Canada, German, Algeria, Ghana, Egypt, UK, India, Mexico, Nigeria, Netherlands, Pakistan, Poland, Romania, Russia, Sweden and South Africa.