Liquidity Services Inc. (LSI) has been awarded a contract with the Environmental Protection Agency's Recycling Electronics and Asset Disposition (READ) program to help federal agencies recycle and dispose of electronic equipment. Under the terms of the contract, LSI will provide a comprehensive solution that facilitates asset disposition, refurbishing, recycling and redeployment of surplus electronic equipment to all agencies within the Federal sector.

LSI's announcement of the contract said the Federal Government discards approximately 10,000 computers each week and that agencies have accumulated significant volumes of end-of-life electronic equipment awaiting proper disposition. One computer monitor contains 6 pounds of lead.

“The overall goal of our asset remarketing activities is to provide a secure solution that maximizes recovery value of usable property to offset recycling costs for Federal agencies,” said Bill Angrick, CEO of LSI.

LSI is a leading provider of comprehensive asset recovery services for businesses and the public sector. LSI will maximize revenues from usable electronic equipment through a share-in-savings (SiS) program. Under the SiS program, LSI will identify opportunities to save costs associated with recycling efforts and share those savings with Federal agencies to offset the recycling costs of those agencies.

http://www.epa.gov/oam/hpod

http://www.liquidityservicesinc.com