Kentucky: Finance Cabinet - Public Auction Listings

The Finance and Administration Cabinet, Division of Surplus Property, conducts multiple Public Spot Bid Sales annually of miscellaneous state-owned property. All spot bid sales are held at Division of Surplus Property, 999 Chenault Road, Frankfort, Ky.

We are expecting 2012 to be a year filled with exciting sales offerings. Sales will be scheduled on the first or second Wednesday of a month on an “As Needed” basis. Check this site regularly for updates. Please bookmark this page and check back often for upcoming public sale dates.

One week prior to all announced sales, a listing of the types of property to be sold at the sale will be published on this site for public review. Property may only be inspected on the day of the sale from 8:00 a.m. to 1:00 p.m. at the Division of Surplus Property—no exceptions.

Upcoming Auctions

February 21, 2012

Live Public Auction

10am, Division of Fleet Management

513 Barrett Street

Frankfort, KY

Final Sale List [PDF-194KB]

February 27, 2012

Sealed Bid Sale of Coal located

At the I-64 Weigh Station

Bids must be received by
2pm, Eastern Time at the

Division of Surplus Properties

999 Chenault Road

Frankfort, KY 40601

Bid form must be mailed in

To the address above

Bid Form and Details [PDF- 156KB]

What is a “Spot Bid Sale”?

A Spot Bid Sale is like a “Silent Auction.” Participants will receive a numbered bidding sheet upon registration on the day of the sale to submit bids. Sale lists will not be available prior to the sale. All bid sheets must be turned in to the clerk by 1 p.m. on the day of the sale. Once all bids have been received, the award of each item will go to the highest bidder.

Announcement of Winning Bids

A list of the high bids for each sale item will be posted to this site after every sale. The Commonwealth reserves the right to reject any bid. All property sold "As-Is" and "Where-Is." Property purchased may be loaded until 6 p.m. on the day of the sale. Property may also be removed during regular business hours, 8 a.m. to 4:30 p.m., on the Thursday and Friday following the sale. All items purchased must be removed by 4:30 p.m. on the Friday following the sale unless otherwise stated. Failure to remove purchased items in a timely manner will result in forfeiture of the item(s) and disbarment from future sales for one year.

Payment Information

All items must be paid for in full by 6 p.m. on the day of sale except in the case of emergencies, which must be approved by Division of Surplus Property by 6 p.m. on the day of the sale. Failure for payment in full will result in the forfeiture of item(s) won and disbarment from future sales for one year.

All payments to be made by cash, cashier's check, certified check, money order or personal check written on an in-state bank with proper ID. Out-of-state checks only accepted if certified or supported by a certified letter of credit from the bank. All checks to be made payable to the "Kentucky State Treasurer."