Liquidity Services Proposes 5 Actionable Strategies to Propel DOGE's Rapid Success
1. Free Up Billions Trapped in
Today there exists significant untapped value with Federally owned HUD assets, office buildings, and land parcels that could be quickly moved off the balance sheet of the Federal government to not only generate cash but to reduce operating and maintenance costs. We recommend utilizing online auctions to monetize these surplus, idle and under-utilized Federal real estate assets through transparent, competitive private sector bidding to maximize value.
2. Empower Agencies to Implement Better Asset Management
We recommend allowing Federal agencies to act independently and make their own decisions regarding the redistribution or sale of unused and surplus assets, which can be expensive to insure, store and maintain. From military gear to office supplies, these assets are sold through online auctions every day in the private sector, but some Federal government agencies are forced to use less effective methods. By granting individual Federal agencies the freedom to make quick sale decisions and take cost-saving actions, they can realize fair market value for assets they no longer need. This leads to better efficiency, lower costs, and smarter use of resources.
3. Leverage Commercial Solutions for Asset Disposal
We recommend authorizing Federal agencies to use existing commercial solutions to handle their excess assets, which can be more efficient and cost-effective than a centralized government-run system. Private sector online auction marketplaces have aggregated millions of qualified bidders with billions of dollars of successfully completed sales for the same commodities owned by the Federal government. These solutions offer the Federal government immediate access to a larger buyer base with no upfront fees, staffing or infrastructure support costs to accomplish the goal of delivering savings to the
4. Liquidate Specialty Items No Longer Deemed Strategic
We recommend utilizing the full breadth of online platforms to allow the Federal Government to monetize unique specialty items, such as coins, signs, statues, mementoes and artifacts that are no longer viewed as strategic. Based on its experience, private sector marketplaces can assist the Federal Government in identifying, valuing and selling such items to audiences of enthusiasts and collectors, providing significant financial gains for the Federal government.
5. Match Open Requisitions with Available Surplus Items
We recommend the Federal Government utilize commercially available software tools, such as AssetZone, to enable it to reallocate existing surplus assets in its supply chain to meet a need of another agency's open requisition in the Federal Government. By efficiently allowing the Federal Government to match assets that are surplus in one agency and needed by another agency, we can reduce waste, save costs and reward those meeting sustainability goals in the Federal government.
"We firmly agree with the DOGE agenda to cut government waste, fraud, and abuse," says
By thinking outside the box with asset recovery, giving agencies more freedom, and using commercial technology enabled solutions,
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