1993 Cessna Citation II, Aircraft Serial# 550-0725, Tail# N725CC, Square Foot: 2496, Color/s: White w/Blue, Grey, and Black Striping, Airframe Logs: Yes, Engine Logs: Yes, Prop Logs: N/A, Rotary Logs: N/A, Engine Information: Twin Pratt & Whitney JT15D LH SN PCE-71804 RH SN PCE-71806, Hours: LH 4927.7 Cycles 4247 RH 4897.7 Cycles 4211, Hours SMOH: Logs not fully complete no signs of an overhaul performed on the engines, Prop Information: N/A, Airframe Information: Hours TT 4927.7 Landings 4249, Damage History: Major repair to cabin door 6/16/1998. The repair was performed by Duncan Aviation, Interior: There are seven leather gray passenger seats (good condition) two pilot and co-pilot gray leather seats with faux fur (good condition), Lavatory toilet doubles for jump seat, gray carpet in good condition, two pull-out tables in cabin, galley with labeled liquor decanters and coffee station and cooler drawers, Exterior: Paint job in overall average shape (few minor paint chips and scratches), leak under left wing and right wing, left and right engine have oil markings underneath engine covers, Tires: Fair Condition, Props: N/A, Comments: Cockpit Phone, Two Fire Extinguishers, and First Aid Kit. Nav: Collins COM/NAV/ADF, Radios: Collins/COM/NAV/ATC, ADF: Collins ADF/VOR, Other: Glass panels on pilot (left) side (no make listed), Anti-ice/De-ice, Honeywell ALT, Sandel ST3400 TAWS/RMI, Eventide Argus 5000/CE Moving Map Display, Global, Electrical Make and Model Information: Air/Heat-Temp control/hot and cold, Head/Toilet- Toilet but no sink in lavatory, Note: The owning agency has partial logs for airframe and engines. The entries are sporadic and it appears that entries are missing. The logs will be made available during the view/inspection*****This item requires a bid deposit of $50,000. Bid deposits must be in the form of a cashiers check or money order and should be made out to G.S.A. 4QSCA, 77 Forsyth Street, Suite 100, Attn: Tonya Dillard, Atlanta, GA 30303. Prospective bidders must provide their GSAAuctions Login Name, Sale and Lot Number, Address, Telephone Number, and Email Address. Once bid deposit has been received, bid rights will be assigned*****All bid deposits will be returned within five business days from the closing date of the sale. All bidders must be registered via GSAAuctions.gov website*****All Bid deposits must be received by 12 Noon on July 28, 2014*****Credit cards will not be accepted for bid deposits***** 1531F841870002
THE CONDITION OF THE PROPERTY IS NOT WARRANTED.
Special Inspection Information
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.dhs.gov/real-id-public-faqs for more information on the REAL ID Act. Individuals without licenses from compliant jurisdictions may present alternative forms of identification - such as a U.S. Passport - accepted by the agency. Some agencies may have additional processes to accommodate individuals lacking the prescribed identification documents.
INSPECTION WILL BE HELD BY APPOINTMENT ONLY ON
JULY 23RD FROM 8 AM UNTIL 4 PM. PLEASE CONTACT THE CUSTODIAN
LISTED TO SCHEDULE AN APPOINTMENT FOR INSPECTION.
Please contact the custodian for inspection dates and times and for removal arrangements.
Property Location and inquiries/questions regarding property inspection and/or removal:
Million Air Houston
8501 Telephone Road
Houston, TX 77061
Contact: Jacqueline Perez
For inquiries/questions regarding payment, contact the following sales office:
GSA, FAS, 4QSCC
77 FORSYTH STREET SW
ATLANTA , GA 30303
For inquiries/questions regarding contractual issues, contact the following sales contracting officer/property disposal specialist:
Auction Description and Bidding Rules
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.
Click the Bid History link to see the bids you have submitted in this auction (My Bids).
- Current High Bid
- 500,000 USD (Reserve Not Met)
- Reserve Price
- Reserve Price Amount
- Bid increment
- 1,000 USD
- Inactivity period
- Run length
- Inactivity period for reduction of Bid Increment
- Reduction of bid increment
- Reduction of bid increment limit
- 1,000 USD
- Start Time
- 20140714 12:00 NOON CT
- Close Time
- 07/29 12:00 NOON CT
This auction will end in one of these ways:
- At the auction close time if no bids (proxy or flat) are placed within the inactivity period, or the auction is not subject to a inactivity period.
- After the inactivity period has passed without any bids (proxy or flat) being placed.
Note: "N/A" or a blank indicates that the value is not available for this auction.
How To Bid
Placing a Bid
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. Bids in partial dollar amounts, $150.25 for example, will not be accepted by the GSA Auctions system.
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.
How Are Tie Bids Resolved in GSA Auctions? 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.
Competing Proxy Limits
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.
Increasing Your Maximum Bid
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.
Decreasing Your Maximum 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.
Maximum Bid / Proxy Bid
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.
Your maximum price is not shown to any other bidders.
If the system reaches your maximum bid limit, it stops bidding for you. Submit another bid if you want to continue bidding.
Winning & Trading
The highest bid at the close of the auction wins.
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. 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. Here's an example: A bid increment is set at $25.00 for an auction. A No-Bid-Period has been set for 2 days at a reduction rate of 10 percent and a reduction limit of $20.00. After 2 full days of inactivity for the auction, the bid increment will be reduced by 10 percent now making the current bid increment $22.00. 10 percent of $25.00 = $2.50 rounded to the nearest dollar $3.00. The reduction is repeated for multiple inactivity periods until the reduction limit is reached or auction closes.
Note: When "Compatible" bidding occurs (two or more bids of the same amount are submitted), the "high bid" is determined by GSA Auctions system's evaluation, based on the time of submission and/or by proxy.
To enhance bidder privacy, and protect GSA Auctions users from fraudulent emails, GSA Auctions has changed how User IDs are displayed on the bid history page. Only you can view your User ID, all other members will see anonymous user IDs, such as Bidder*.
As of February 14, 2009 bidders will be assigned the actual bidder number for the sale/lot based on when they placed their bid, if you are the first bidder for this sale you will see Bidder#1, if you are the second bidder you will see Bidder#2.
Bidders in the Auction (Current top 10 bidders)
No bids currently or the auction does not allow you to view the bids
No bids currently
(*) Possible Extension. See Bidding Rules.