ARC Engineered Products

Payment Due Date: Invoices must be paid in full within 24 hours of the closing date and before removal of any of the assets of the sale unless otherwise specified. No assets will be released until invoices are paid. 

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Accepted Payment Forms: All deposits and balances due shall be payable to the order of HYPERAMS, LLC.  All payments must be made by Cash, Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee(see below). All sales are in U.S. Dollars. 

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Business/company checks will not be accepted without a letter of verification from your bank similar to the example illustrated below:

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(Bank Name) unconditionally guarantees payment to HYPERAMS, LLC from (Company Name) up to the amount of __________. This guarantee will be valid for purchases made at the auction of (Auction Name) on (Auction Date).

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Buyer's Premium: HYPERAMS imposes a buyer's premium on any goods sold to help defray auction expenses. The buyer's premium is a reflected as a percentage that is added to the final purchase price of any item. Rates vary depending on the auction, but are generally between 15% and 18%.  

Final Sale Notice: All assets are being sold “AS IS, WHERE IS” and buyers acknowledges they have inspected all assets prior to bidding. While all care was taken in gathering information on the equipment that is for sale, HYPERAMS will not be held responsible for the correctness of the descriptions. As such, HYPERAMS recommends buyers, if able, to inspect items before purchasing.  All persons are inspecting, bidding and removing assets at their own risk and liability without recourse on HYPERAMS.

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Sales Tax: Buyers must pay all sales, export, use and other taxes due to any federal, state or local taxing authority on their purchase. To receive the benefit of any tax exemption, the buyer must supply HYPERAMS with a sales tax exemption certificate. HYPERAMS has provided downloadable sales tax exemption certificates for buyers: