Surplus Electrical Equipment of Plastics Company
Surplus Electrical Assets Including Cabinets, Breakers, Transformers, Safety Switches, and More!
Type of Auction:
Auction Ending Date and Time:
June 8, 2018; first lots begin to close at 10:00 AM (CST)
Inspection Date and Time:
June 7, 2018; 10:00 AM - 2:00 PM
3405 Board Road
York, PA 17406
Type of Assets/Lots:
Surplus electrical assets of plastics company, including electrical cabinets, breakers, AUTOVAR power capacitor banks, transformers, safety switches, and more.
Payment is due within 24 hours of receiving invoice by cash, cashier's check, company check, or wire transfer.
An industry-standard 18% BP fwill apply to your purchase.
(Example: a $100 purchase will total $118 with the BP)
Lot Book and Webcast Auction Platform:
Lot Book and simulcast online auction provided by Bidspotter. View lot book and register to participate in the live and online auction here.
For questions regarding assets or auction registration, please contact Director of Auction Services Burdette Wilber at (314) 616-8422 or email@example.com.
PAYMENTS AND FEES
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.
Accepted Payment Forms: All deposits and balances due shall be payable to the order of HYPERAMS, LLC. Acceptable forms of payment include wire transfer, company check with a bank letter of guarantee, cashier's check, cash. All sales are in U.S. Dollars.
Business/company checks will not be accepted without a letter of verification from your bank similar to the example illustrated below:
(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).
Buyer's Premium: HYPERAMS and its partners impose 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.
WEBCAST BUYERS: 18% BP for buyers paying via Cash, Cashiers Check, Company Check or Wire Transfer will apply to your purchase
(Example: a $100 purchase would total $118 with BP)
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 or its partners will not be held responsible for the correctness of the descriptions. As such, HYPERAMS and its partners recommend 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 or its partners.
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 the auctioneer with a sales tax exemption certificate. HYPERAMS has provided downloadable sales tax exemption certificates for buyers:
REMOVAL AND SHIPPING
Removal and Shipping Responsibility: The Buyer is solely responsible to provide any personnel, equipment, or material needed to pick up purchases and shall assume all responsibility for the removal of any item purchased at the sale. The Buyer is required to remove within the stated time frame which is on their invoice unless prior arrangements have been made in writing and approved by the Auctioneer.
Insurance Certificates: Buyers may remove assets themselves or hire any rigger company that they so choose. Buyers, or their riggers, must provide the Auctioneer and the owner of the premises of the sale a certificate of insurance in amounts acceptable to the Auctioneer prior to removal of any Lot. On small lots which are considered "hand carry," no insurance is needed.
Removal Dates: See Bidspotter for Removal Dates. Items will be considered abandoned, and buyer shall lose all rights to said equipment without recourse or refund due from the Auctioneer after the removal deadline.
HYPERAMS will provide a list of local rigging companies that have expressed interest in assisting with removals for this auction on Bidspotter. The list is a courtesy only; buyers may choose to pick up lots themselves or hire the rigging company of their choice with proper insurance certificate (see above regarding insurance certificates):