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General Services Administration Awarded a Contract to RICHMOND AUTO AUCTION OF VIRGINIA, LLC for $682,348.50
Signed on
5/12/2025, 12:00 AM
RICHMOND AUTO AUCTION OF VIRGINIA, LLC Government Contract #47QMCA25F2JL0
RICHMOND AUTO AUCTION OF VIRGINIA, LLC was awarded a contract with the United States Government for $682,348.50. The contract was awarded by the agency office GSA/FAS AUTOMOTIVE CENTER, which is a division with the Federal Acquisition Service within the General Services Administration.
Summary of Award
The recipient of the federal contract is Richmond Auto Auction of Virginia, LLC, a U.S.-owned small business located in Richmond, Virginia. The contract, funded by the General Services Administration, specifically the Federal Acquisition Service, is for sales at Richmond AA totaling $682,348.5. Notable transactions include an initial payment of $1,542,416.5 and a subsequent deduction of $860,068, showing significant financial activity related to the contract.
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Award Transactions
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $-860,068.00 to RICHMOND AUTO AUCTION OF VIRGINIA, LLC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $1,542,416.50 to RICHMOND AUTO AUCTION OF VIRGINIA, LLC. The payment included a Subsidy Cost of $0.00.