Municibid CEO Greg Berry said, “Public institutions like Penn College rely on many revenue streams to keep tuition affordable for in-state residents. This is an easy way to make money for the college by selling old equipment, vehicles, and other items."
Williamsport, PA (PRWEB) April 17, 2013
In an online auction that started on April 8th and ends on April 22nd, the Pennsylvania College of Technology, an affiliate of Penn State University, is selling heavy equipment for additional non-tax, non-tuition revenue. By using an established, but innovative, online government auctions site specifically designed for government affiliates, agencies, and municipalities, Penn College is conducting a 2-week auction of its surplus excavators, loaders, forklifts, and trucks. It is looking to garnish thousands of dollars to be put back into its budget.
Penn College is using online auction site, Municibid.com to sell the items. Municibid was established in 2006 and has grown steadily since, with over 800 government agencies auctioning surplus through the efficient online system. Penn College is auctioning surplus items online because the website has an established nationwide reach growing every day. Auctions on Municibid result in competitive bidding and fair prices for government surplus items.
Municibid Founder and CEO, Greg Berry said, “Public institutions like Penn College rely on many revenue streams to keep tuition affordable for in-state residents. Municibid is an easy way to make money for the college by selling old equipment, vehicles, and other items,” Berry added, “Auction items will reach a much broader, national audience of competing bidders, leading to better net results.”
The Pennsylvania College of Technology’s online auction of the surplus heavy equipment ends on April 22nd. Among the items for sale are a CAT 944 Traxcavator, a 1974 John Deere 755 Track Loader, a 1968 Cat 769B Rigid frame haul truck, a John Deere 350D, and a John Deere 380 Fork Lift.
This surplus heavy equipment auction can be found online here:
Municibid.com is an online government auctions platform serving over 800 state and local government agencies across the US from cities like Philadelphia, Boston and Baton Rouge, to small towns, authorities, school districts and universities. Municibid is designed for government agencies to more effectively sell surplus, forfeitures and other no longer needed items to the public via a convenient and easy-to-use website. Municibid proactively markets items nationwide via social media and traditional avenues at no cost to the selling agency.