SR -.002 - Live Auction.pdf

The document outlines the standard operating procedures for conducting live auction sales, specifically focusing on Fleet maintained property but also applicable to other items like abandoned property or palleted bricks. The process involves notifying participants, preparing property lists, obtaining Board consent, distributing Property Movement Forms, obtaining necessary signatures, preparing documentation for auction, attending auction events, receiving settlement reports, updating spreadsheets, and completing revenue string reviews. The ultimate goal is to ensure compliance with established guidelines and effectively manage the live auction sales process from start to finish.