Liquidity Services Receives Follow-On Contract from US Defense Logistics Agency

Liquidity Services

today announced that it has been awarded a follow-on contract by the U.S. Defense Logistics Agency (DLA) to extend the terms of its current Surplus Contract for the disposition of usable surplus property from the U.S. Department of Defense. Under the follow-on contract, which commences February 14, 2014, Liquidity Services' performance period has been extended by a base term of 10 months with two one-month additional option periods. All other terms, including pricing, will remain consistent with the prior Surplus Contract.