Industrial Equipment > Other > All > # 446709

Lathe Bridgemill Model Eldorado

Due Diligence

Seller Name:	JLab
Rating:	Not Applicable
Location:	Newport News, VA 23606

Asset was sold for $1,055

Number of Bids:	38
This is the final amount the asset was sold for. Winning Bid:	$1,055
Winner:	m***y
It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:	$50
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It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:	No Reserve!
Status:	Sold
Auction Started:	04-20-10 08:00 AM ET
Auction Closed:	04-27-10 04:11 PM ET
Bid Increment:	$5
It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:	5 minutes
Source:	Government
Deposit Required:	$0
This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's Premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:	7.5%
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Asset Information

Related Due Diligence

Lathe Bridgemill [JPEG]

Asset Description

Additional Terms of Service

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Inspection Details

Prospective bidders are encouraged to inspect wire --- arrangements can be made by calling the Jefferson Lab property office at 757-269-7348 or 6270

Settlement Requirements

See Terms and Conditions. Payment must be received within 10 days of the close of the auction

The first page of the Sales Agreement must be filled out and returned before item can be released.

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 7.50% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).

This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.

Payment Type

Certified/Cashier's Check
Money Order