VFD - SAFTRONICS 100 HP VARIABLE FREQUENCY DRIVE

Listing # 10058920 • East Norriton, PA US • East Norriton Township

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Auction Ended:

Final Bid:

$50.00

Bids:

2 Bids

Auction Details

Starting Bid: $50.00
Current Price: $50.00
Buy Now Price	$0.00
No Reserve
Buyer's Fee: 9.00%

Start Date
End Date	[Extended]
Bid History	2 Bid(s)
High Bidder	Y**a
Page Views	3556

Payment Details

Certified check or money order made payable to East Norriton Township, or direct bank transfer shall be the only acceptable forms of payment. Upon notification of award, payment in full must be received by the Township within five (5) business day. Payment shall be mailed or delivered to: East Norriton Township, 2501 Stanbridge Street, East Norriton, PA 19401-1616. Successful bidder is responsible for all applicable taxes, transfers, fees, etc. associated with this purchase.

Item Description

Saftronics Model CIMR-P5U4055F Variable Frequency Drive (VFD), 100 HP, 460 Volt, 3 Phase

Unit was used to control a 100 HP motor that operated a sewer pump at a pumping station. Unit was installed in a climate controlled pump station building. Unit was replaced as part of a routine replacement program and is in working condition.

Unit installed new in 1996.

Township has two (2) identical units for sale. There is a seperate listing for each unit.

Item is being sold "AS IS". There are no warranties, either expressed or implied, associated with this item.

Item is available for inspection by appointment only by calling 610-275-2800 x115 between 8:00 am & 3:00 pm Monday - Friday. Successful bid will be awarded at the regularly scheduled Board of Supervisors meeting on December 13, 2016. Upon award notification, successful bidder shall submit payment in full to the Township within five (5) business days.

East Norriton Township reserves the right to reject any and all bids and to waive technicalities that may be in the Township's best interest.

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Additional Information on this Auction

Custom ID	Serial Number 136834
Will Item results be voted on	Yes
Date of voting	Tuesday, December 13, 2016
Will you ship this item	Yes. At the expense of the bidder.
In person item inspection information	Item is available for inspection by appointment only by calling 610-275-2800 x115 between 8:00 am & 3:00 pm Monday - Friday.
Pickup Location Details	East Norriton Township, 2501 Stanbridge Street, East Norriton, PA 19401

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Item Location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.

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All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.

Example:

If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.

Winning bid: $50,000 = Buyers fee: $4,000 (8% of $50,000).
Winning bid: $150,000 = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
Winning bid: $550,000 = Buyers fee: $30,000 (8% of $100,000 = $8,000) + (5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).

Where can I see what the buyers fee is?

The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.

What if the selling agency rejects my bid?

If the government agency rejects your bid (they reserve the right to do so) your buyer's fee will be returned, in full, to you within 5 days of notification to Municibid of the rejected bid by the governing body.

Bidding Increments

Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:

If amount is greater than or equal to	The bid increment will be
$0.00	$1.00
$100.00	$10.00
$500.00	$25.00
$1000.00	$50.00
$2500.00	$100.00

**If there is a reserve on an item, your bid will go to the lessor of either your maximum bid or the reserve price.

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