Item Information

LOT OF COMMERCIAL GRADE KITCHEN EQUIPMENT

Sale-Lot Number:
71QSCI22014001
City, State:
Dallas, TX
Current Bid:
15,000 USD
Bidders:
1
Close Time:
10/13 10:36 AM CT (Closed)
Time Remaining:

 

 

Lot of commercial kitchen equipment from a Full Service Restaurant. All equipment was in working order when restaurant closed in March 2020. See attached PDF for items included in sale and information regarding each item as well as other instructions for this sale. Read the following carefully. This kitchen is on the 6th floor of an office building. There is no freight elevator that goes to the 6th floor. Most items will fit in our passenger elevator. Those that won t fit will need to be carried down 3 flights of steps to the 3rd floor where you can get onto a freight elevator. After arriving on the first floor this needs to go to the loading dock which is quit a distance from the elevators. Although the buyer has primary responsibility for moving this equipment, if an item must go down the stairs, AAFES will provide some labor to assist with that process. Buyer is expected to provide the majority of the labor with AAFES providing minor assistance on the stairs. Please come prepared with enough labor and truck space to pick this up. Buyer is responsible for providing all tools and equipment necessary to equipment. AAFES cannot assist in the process or provide any equipment or tools to aid in loading other than the previously mentioned help with stairs. All utilities (electric, natural gas, water, sewage) will be disconnected by AAFES. All work must be accomplished in a safe manner and in compliance with any applicable codes or regulations. Buyer will be responsible for any damage caused to the property that is not consistent with the removal of this equipment. This is a large lot so you must come prepared with enough people and truck capacity to remove and load this or we will not start the process of removal until you do. We are conducting site visit on Thursday Oct 7th 8 am to 11:30 am which we highly recommend you attend. To schedule appt to attend t contact Eddie Decoste at office 214-312-2241. This equipment is sold as is where is and may contain defects not immediately detectable. Your pre-bid inspection is highly recommended. HXYAAA1263E107

Additional Documents

71QSCI22014001.PDF

Inspection and Removal Information:

Property Location Information:

Please bid on this lot only if you can and will

** pay ** on or before 10/15/2021 and

** remove ** on or before 10/27/2021.

Inspection and Removal Information:

Property Location and inquiries/questions regarding property inspection and/or removal:

Aafes Exchange
3911 S Walton Walker Blvd
Dallas, TX 75236

Contact: Eddie Decoste
Phone: 214-312-2241

DECOSTEE@AAFES.COM

For inquiries/questions regarding contractual issues, contact the following sales contracting officer/property disposal specialist:

MARK MAXWELL
Phone: 817-850-8154
mark.maxwell@gsa.gov

For inquiries/questions regarding payments ONLY, see the Payment and Removal section of the FAQ's located at the top right of this page OR refer to the contact information provided on your notice of award email.

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).

Auction Properties

Current High Bid
15,000 USD
Reserve Price
true
Reserve Price Amount
N/A
Bid increment
25 USD
Inactivity period
10
Run length
14
Inactivity period for reduction of Bid Increment
1
Reduction of bid increment
15
Reduction of bid increment limit
25 USD
Start Time
09/29 10:36 AM CT
Close Time
10/13 10:36 AM CT
Status
Closed

Closing Rules:

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

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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.

Reserve Price

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)

Bidder Bid Amount Date-Time
Bidder#1 (Current High Bid) 15,000 USD 09/29/2021 06:48:00 PM CT

Your Bids

Bid # Bid Amount Max Limit Status Date

No bids currently

Please confirm location and directions with the property location point of contact prior to scheduling transportation or pickup.


(*) Possible Extension. See Bidding Rules.