Exhibit
10.2


 


	
   

  
	
  SALE OF GOVERNMENT PROPERTY

  AMENDMENT OF INVITATION FOR BIDS/MODIFICATION OF CONTRACT

  
	
   

  
	
   

  
	
  1.     AMENDMENT TO INVITATION FOR
  BIDS NO.:     
  99-4001-0004

  	
  2.  EFFECTIVE DATE

  	
  PAGE 1 OF    2    PAGES

  
	
          SUPPLEMENTAL AGREEMENT NO.:     6

  
	
  3.     ISSUED BY

  DEFENSE REUTILIZATION AND MARKETING SERVICE

  ATTN: DRMS-BBS

  74 WASHINGTON AVE. N.

  BATTLE CREEK, MI 49017-3092

  	
  4.  NAME AND
  ADDRESS WHERE BIDS ARE RECEIVED

  DEFENSE REUTILIZATION AND MARKETING SERVICE

  ATTN: DRMS-BBS

  74 WASHINGTON AVE. N.

  BATTLE CREEK, MI 49017-3092

  
	
  5.     o AMENDMENT OF INVITATION FOR BIDS NO.
     
  (See item 6)



  	
  DATED

  	
  þ MODIFICATION OF CONTRACT NO.
      (See item 8)

  994001-00004

  	
  DATED

  

  05/12/07

  
	
  6.     THIS
  BLOCK APPLIES ONLY TO AMENDMENTS OF INVITATIONS FOR BIDS

            The
  above numbered invitation for bids is amended as set forth in Item 9.  Bidders must acknowledge receipt of this
  amendment unless indicated otherwise in item 11 prior to the hour and date
  specified in the invitation for bids, or as amended, by one of the following
  methods:

            (a)  By signing and returning _____0_____
  copies of this amendment;

            (b)  By acknowledging receipt of this amendment
  on each copy of the bid submitted; or

            (c)  By separate letter or telegram which
  includes a reference to the invitation for bids and amendment number.

            FAILURE
  OF YOUR ACKNOWLEDGMENT TO BE RECEIVED AT THE ISSUING OFFICE PRIOR TO THE HOUR
  AND DATE SPECIFIED   MAY RESULT IN
  REJECTION OF YOUR BID.  If by virtue of
  this amendment you desire to change a bid already submitted, such change may
  be  made by telegram or letter, provided such telegram or letter makes
  reference to the invitation for bids and this amendment, and is received
  prior to the  opening hour and date specified.

   

  
	
  7.     ACCOUNTING
  AND APPROPRIATION DATE (If required)



  
	
  8.     THIS
  APPLIES ONLY TO MODIFICATION OF CONTRACTS

  This Supplemental Agreement is entered into pursuant to authority of

  MUTUAL AGREEMENT

  
	
  9.     DESCRIPTION
  OF AMENDMENT/MODIFICATION (Except as provided
  below all terms and conditions of the document referenced in item 6 remain in
  full force and effect)

  Whereas
  Contract 99-4001-0004 was entered into on June 9, 2005 by and between
  the United States of America, hereinafter referred to as the Government
  and Liquidity Services, Inc. hereinafter referred to as the contractor, and
  DOD Surplus, LLC formed by the contractor to serve as the entity that
  processes DRMS assets, hereinafter referred to as the Purchaser, and Whereas
  the contract involved the follow item in Invitation for Bid 99-4001:

   

  0001:  All scrap material located in the
  continental United States (other than Tennessee and the Carolinas) and in
  Alaska that is demilitarization code A, B, E, or Q or that is subject to
  demilitarization as a condition of sale other than material and items in the
  list of excluded SCLs and FSCs set forth in Part IV.  Contract performance is 7 years with three
  one year renewal option periods.

   

  THE HOUR AND DATE FOR
  RECEIPT OF BIDS           o      IS NOT
  EXTENDED,         o     IS EXTENDED
  UNTIL              O’CLOCK             M

  (LOCAL TIME)                DATE

  
	
  10.   BIDDER/PURCHASE
  NAME AND ADDRESS (Include zip Code)

  DOD Surplus, LLC

  15051 N. Kierland Blvd. Third Floor

  Scottsdale, AZ  85254

   

  	
  11.     o BIDDER IS NOT REQUIRED TO SIGN THIS DOCUMENT

            x PURCHASER IS REQUIRED TO SIGN THIS
  DOCUMENT AND RETURN ORIGINAL AND      0    
  COPIES TO THE ISSUING OFFICE

  
	
  12.   SIGNATURE
  FOR BIDDER/PURCHASER

  BY           /s/ Thomas B. Burton                                                               
                         (Signature of person authorized to sign)

  	
  15.     UNITED STATES OF AMERICA

  BY             /s/
  Gregory E. Ortiz                                                                
                       (Signature of Contracting Officer)

  
	
  13.   NAME AND
  TITLE OF SIGNER (type or print)

   

  Thomas B. Burton, President

  	
  14.  DATE
  SIGNED

   

  5-20-07

  	
  16.  NAME OF CONTRACTING OFFICER  (type or print)

  GREGORY E. ORTIZ

  	
  17.  DATE SIGNED

  5/21/07

  
	
  AUTHORIZED FOR LOCAL REPRODUCTION

  	
   

  	
  STANDARD FORM 114d (REV. 1-84)

  
	
  Previous edition is usable

  	
   

  	
  Prescribed
  by GSA PPRM (41 CRF) 101-45.3.

  
								



 













DRMS CONTRACT NUMBER
99-4001-0004

Supplemental Agreement 6

Page 2 of 2


WHEREAS, Part
II, Section B, Product Pool and Property Flow states in pertinent part 

that:


The property in
the Product Pool is all “scrap” material, and all items that are subject to “Demilitarization
as a Conditions of Sale,” for which DRMS is accountable, other than material
and items in the list of excluded SCLs and FSCs set forth in Part IV, with
DEMIL Codes “A,” “B,” “E,” or “Q” or that are subject to “Demilitarization as a
Condition of Sale,” that become available in the Continental United States
(other than Tennessee and the Carolinas) or in Alaska.


WHEREAS, the
contract currently does not cover either Hawaii and Guam, albeit these sites
are all in close proximity to the existing sites on the Commercial Venture (CV)
contract which covers DRMS’s usable property,


and, WHEREAS,
in the interest of achieving cost savings for both, the Purchaser and the
Agency, as was used for the rational of the consolidation for the Scrap Venture
(SV) and CV contract, executed in Supplemental Agreement 1 under this contract,
the parties hereto mutually agree to modify Part II, Section B. to include
Hawaii and Guam into the contract property stream.


NOW, THEREFORE,
it is mutually agreed between the two parties hereto to this modification that:


1.               Part II, Section B.
is hereby modified to include Hawaii and Guam into the Scrap Venture property
stream.


2.               Purchaser to
implement scrap operations for both sites no later than 60 days after effective
date of modification.


3.               Purchaser agrees to
pay for all property received at the original bid price of $0.0001 per pound
and that revenue distributions will maintain the current split of 23/75.2/1.8
as outlined in Supplemental Agreement 5, paragraphs 5

and 6


4.               All other
applicable terms and conditions of the contract remain in effect, including but
not limited to Parts I-VI, and Articles One (1) through Twenty-Three (23); and
Supplemental Agreements 1-5 remain in effect


5.               This modification
will become effective upon the date of the last affixed signature to this
modification.


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