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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.

Contract Details

Contract ID47QMCA25F2JL0
Contract TypeC
Total Obligation$682,348.50
Exercised Options$682,348.50
Base Amount + Options$682,348.50
Date Signed2025-05-12
Contract DescriptionZ1 FY25/26 R2&R3 SALES AT RICHMOND AA
Start Date2025-05-12
End Date2026-03-05

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyFederal Acquisition Service
Awarding OfficeGSA/FAS AUTOMOTIVE CENTER
Funding AgencyGeneral Services Administration
Funding Sub AgencyFederal Acquisition Service
Funding OfficeGSA/FAS AUTOMOTIVE CENTER

Recipient Details

RecipientRICHMOND AUTO AUCTION OF VIRGINIA, LLC
Recipient Location3600 DEEPWATER TERMINAL RD RICHMOND VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #PA0001$-860,068.00March 10, 2026

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.

Transaction #0$1,542,416.50May 12, 2025

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.