MOORE — Cleveland County Commissioners are gearing up for the upcoming Elk City Auction, one of the largest equipment auctions in the state.
“Last year, I think they ran about $7.4 million,” said Mike Graham, of Mike Graham Auctioneers, the company that conducts the annual Statewide CED Equipment Auction at the Elk City Convention Center.
“It helps us clean up our inventory,” District 3 County Commissioner Rusty Sullivan said. “It’s one of the ways prescribed that we can dispose of old equipment, and we get some money out of it. We can use those dollars to buy new equipment.”
County commissioners across the state declare outdated equipment as surplus and sell it at the auction. Counties are the primary source, but equipment comes from other places as well, Graham said, and sales are global.
“There’s equipment sold all over the U.S., and some goes overseas,” Graham said. “It’s got online Internet bidding, and we’ve sent equipment everywhere from there.”
The auction allows county commissioners to get some return on equipment past its prime or equipment the county just may not use anymore. Buyers, in turn, get a bargain on equipment that, when new, comes with a price tag too high for some small governmental entities or businesses.
All of the equipment is available for inspection prior to the sale.
“We have it all listed, have a catalogue of it, but most of the buyers that’s here either inspect it themselves or there’s a lot that call to bid over the Internet and I look at it myself,” Graham said. “Most either inspect it or have someone inspect it.”
Sullivan is selling a used crane because he doesn’t have any use for it.
“I like to dispose of equipment this way because it is so well documented,” Sullivan said. “And the money is sent directly to the county. It’s one of the best ways I know to dispose of old equipment.”