Item Information

CATERPILLAR 225 KW DIESEL GENERATOR

Sale-Lot Number:
71QSCI23093004
City, State:
Baton Rouge, LA
Current Bid:
29,161 USD
Bidders:
10
Close Time:
11/16 05:41 PM CT (Closed)
Time Remaining:

 

 

CATERPILLAR 225 KW DIESEL GENERATOR. Make: Caterpillar. Generator Model: LC5. Generator Serial: *G5A03789*. Engine Model: C9. Engine Serial: S9L02904. Does not crank or run. Problems are unknown. May have parts missing. No history of generator is available. Bidders are encouraged to inspect property prior to bidding. Forklift loading assistance is available. 4772KA23010001D

Inspection and Removal Information:

Property Location Information:

*PLEASE CONTACT KENNY LEE FOR APPOINTMENTS/REMOVALS.

PLEASE PAY PROMPTLY 2 BUSINESS DAYS AFTER SALE IS AWARDED*

***BIDDERS 100% RESPONSIBLE FOR ALL ASPECTS OF REMOVAL***

Inspection and Removal Information:

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

Louisiana Federal Property Assistanc
1635 Foss Street
Baton Rouge, LA 70802

Contact: Kenny Lee
Phone: 225-342-7860
Fax: 225-342-7863
KENNY.LEE@LA.GOV

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

ANTONE MCCRAY
Phone: 817-850-8158
antone.mccray@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
29,161 USD
Reserve Price
false
Reserve Price Amount
N/A
Bid increment
5 USD
Inactivity period
10
Run length
7
Inactivity period for reduction of Bid Increment
1
Reduction of bid increment
20
Reduction of bid increment limit
1 USD
Start Time
11/09 04:56 PM CT
Close Time
11/16 05:41 PM 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

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.

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#10 (Current High Bid) 29,161 USD 11/16/2022 05:31:17 PM CT
Bidder#8 29,009 USD 11/16/2022 05:31:17 PM CT
Bidder#9 14,515 USD 11/16/2022 04:47:42 PM CT
Bidder#7 12,005 USD 11/16/2022 04:24:43 PM CT
Bidder#2 8,505 USD 11/16/2022 09:32:21 AM CT
Bidder#5 5,508 USD 11/13/2022 04:53:07 PM CT
Bidder#6 5,500 USD 11/13/2022 04:52:51 PM CT
Bidder#4 2,260 USD 11/10/2022 01:28:02 PM CT
Bidder#3 2,021 USD 11/10/2022 01:25:06 PM CT
Bidder#1 10 USD 11/09/2022 09:48:30 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.