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AV Equipment
Listing Number: 77299996 | Newark, DE US | City of Newark 16 Seller's Other Auctions
Auction Details
| Starting Bid: $100.00 | |
| Current Price: $100.00 | |
| Buy Now Price | $0.00 | No Reserve Available for immediate purchase. |
| Buyer's Fee: 9.00% |
| Start Date | |
| End Date | [Extended] |
| Bid History | 0 Bid(s) |
| Page Views | 13 |
Payment Details
Payment in full is due to Municibid no later than 5 working days after the close of the auction. Payment is accepted in the form of Electronic Fund Transfer, Credit Card, Wire Transfer, and Certified Payment (Certified Check, Cashiers Check, or Money Order). Mailed payments must be postmarked no later the 2 working days from the date of the notice of award. Please note: It may take 2 to 3 days to process your payment once it is received. For full payment instructions please visit www.info.municibid.com/pay
Item Description
Fifteen Total Items as Listed in Photo
There are fifteen (15) total items displayed in the photo. The items are being sold "as is," so please review the photo carefully before making a purchase decision.
Please feel free to reach out to the City of Newark Purchasing Department at (302) 366-7000 if you have any questions or need more information about the items.
Payment Instructions:
Payment for the items must be made within five (5) days from the end of the auction to Municibid. Make sure to follow the payment instructions provided above to complete the transaction successfully.
Pick-up Information:
After receiving payment, the items must be picked up within five (5) days from the City of Newark Municipal Building located at 220 S. Main Street, Newark, DE 19711. It is important to adhere to this timeline for item collection.
Important Note:
The City of Newark reserves the right to reject the winning bid, so make sure to comply with all terms and conditions to avoid any issues.
Additional information on this Auction
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | TO VIEW THESE ITEMS, PLEASE CALL THE CITY OF NEWARK PURCHASING DEPARTMENT AT (302) 366-7000. | |
| Pickup Location Details | THIS ITEM MUST BE PICKED UP WITHIN FIVE (5) DAYS AFTER RECEIPT OF PAYMENT FROM THE CITY OF NEWARK MUNICIPAL BUILDING, 220 S MAIN STREET, NEWARK, DE 19711. |
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.
Our Buyers Fees
With Municibid, pricing is clear, up-front and transparent. A buyer's fee (% of the winning bid amount) will be charged directly to the winning bidder upon the close of each auction via the credit card you entered prior to placing the bid. You pay the selling agency directly for the full cost of the item. (unless otherwise noted)
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 |
FAIR WARNING ALL SALES ARE FINAL. You are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction. If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and will be subject to a penalty of 40% of the winning bid amount. If your credit card is declined for insufficient funds, you will be charged a $50 fee.