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Warning: In order to view the most up-to-date information, please click the refresh button on your browser. Bid deposits must be in the form of a cashiers check or money order and should be made out to G. All bidders must be registered via GSAAuctions.
Access to some federal facilities is now impacted by the Real ID Act. If using a drivers license or state issued identification card as identification, it will need to comply with the requirements of the Real ID act at those locations. Refer to www. Individuals without licenses from compliant jurisdictions may present alternative forms of identification - such as a U.
Passport - accepted by the agency. Some agencies may have additional processes to accommodate individuals lacking the prescribed identification documents. This is an English auction. At the close of the auction, the user with the highest bid wins the auction, as long as that bid is at or above the auction's reserve price. The reserve price is the lowest price accepted for the item. Once you submit a bid, you cannot cancel it, but you can replace it with a higher bid.
When you submit a new higher bid, it replaces your previous one. GSA Auctions only accepts minimum and maximum bids. A maximum bid is the maximum amount you are willing to pay for an item. Maximum bids are also referred to as proxy bids. When you place your maximum bid, GSA Auctions will use as much of your bid as needed to make you the current winner of the auction or to meet the auction's reserve price. The minimum bid you can place is either the starting price of the auction, or the current high bid plus the bid increment.
GSA Auctions only accepts bids in whole dollar amounts. The reserve price is the minimum price that GSA Auctions is willing to accept for an item. If your maximum bid equals or exceeds the reserve price, your bid will be placed at the reserve price. If a bidder places a bid with the same proxy bid amount as another bidder, the previous first bidder will have the current high bid since their bid was placed first.
Both bids are recorded with the same amount, displaying the first bidder with the same amount as current high bid, until another bidder bids higher. When two proxy bids compete, the greater of the two proxy limits always wins. If the greater proxy limit exceeds the lesser proxy limit by the bid increment, then a bid equal to the lesser proxy limit plus the bid increment will be placed.
If the greater proxy limit does not exceed the lesser proxy limit by the bid increment, then the greater proxy limit's maximum bid will be placed. You can increase your maximum bid if you are currently the winner in an auction. To increase your maximum bid, enter an amount greater than your current maximum bid. Increasing your bid will not increase your current high bid.
You can decrease your maximum bid if you are currently the winner in an auction. To decrease your maximum bid, enter an amount less than your current maximum bid. You cannot decrease your bid below the minimum bid price.
Your maximum bid or proxy bid, submits bids on your behalf. You specify the maximum price you are willing to pay. If you are outbid, the system submits a replacement bid at a higher price to keep you in the auction. It will bid as much as your maximum bid but no more. If the system reaches your maximum bid limit, it stops bidding for you.
Submit another bid if you want to continue bidding. The reduction of bid increment happens when there is no bid activity within a specified time for an auction. The system will decrease the incremental bid amount by a percentage upto a limit based on template codes designed for this purpose.
All auctions are not subject to the reduction of bid increment rule. The reduction is repeated for multiple inactivity periods until the reduction limit is reached or auction closes. Please confirm location and directions with the property location point of contact prior to scheduling transportation or pickup. All Categories Warning: In order to view the most up-to-date information, please click the refresh button on your browser.
Item Information. Please contact the custodian for inspection dates and times and for removal arrangements. Click the Bid History link to see the bids you have submitted in this auction My Bids. After the inactivity period has passed without any bids proxy or flat being placed. Competing Proxy Limits When two proxy bids compete, the greater of the two proxy limits always wins. Increasing Your Maximum Bid You can increase your maximum bid if you are currently the winner in an auction. Decreasing Your Maximum Bid You can decrease your maximum bid if you are currently the winner in an auction.
Your maximum price is not shown to any other bidders. If your bid is lower than the reserve price, you will not win the auction. Reduction of Bid Increment Notes The reduction of bid increment happens when there is no bid activity within a specified time for an auction. Item Photos.
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