All Success Stories
Equipment
Nuclear Grade Equipment
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 canceled by Congress due to vendor fraud.
- Asset
- 1090 Joey Zorn Blvd. Barnwell, South Carolina 29812 Savannah River Site
Business Challenge
The DOE and 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 canceled by Congress due to vendor fraud.
Savannah River Nuclear Solutions (SRNS)– the prime contractor working with the DOE and NNSA on the canceled 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.
Results
In conjunction with its strategic partners, PPL auctions and Liquidity Services, AW Properties Global and AuctionWorks aggressively marketed and conducted a series of timed, online auctions.
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.
Start Here
Tell Us What Has to Be Sold.
Every case study here started with a constraint and a date attached. Send yours.
