NC audit says surplus bidding could be modernized

Nov. 13, 2013 @ 03:21 PM

A state audit says North Carolina should consider modernizing bid procedures for surplus property or use a third-party auction firm to do the work, saying more money could be made.

State Auditor Beth Wood's office on Wednesday released a financial review of portions of the Department of Administration, which largely manages state government infrastructure and business operations.

The review says the online sealed bidding process prevents bidders from raising their offers if they are too low. It found that vehicles sold on eBay were selling more than 20 percent higher compared to the state's sales.

Auditors also say improved inventory security is needed for surplus property and for parts used on the state's motor vehicle fleet.

The review says the department agreed with the findings and is making changes.