View Seller Terms (PDF): Transformer.pdf
Auction Details
| Starting Bid: $20,000.00 | |
| Current Price: $20,000.00 | |
| Buy Now Price | $0.00 | Reserve Price Not Met Available for immediate purchase. |
| Buyer's Fee: 9.00% |
| Start Date | |
| End Date | [Extended] |
| Bid History | 0 Bid(s) |
| Page Views | 54 |
Payment Details
Certified check made payable to the City of Rensselaer shall be an accepted form of payment. Payment shall be mailed or delivered to: Rensselaer City Hall, 124 S Van Rensselaer St, Rensselaer, IN 47978. Upon notification of award, payment in full by successful bidder must be received by the City of Rensselaer within ten business days.
Item Description
S/N E41031112 CLASS ONAN/ONAF/ONAF THREE PHASE 60 HERTZ
HV 350 kV BIL 69000 GrdY/39840 VOLTS
HV NEUTRAL 10 kV BIL
LV 110 kV BIL 12470 VOLTS
CONT. TEMP. RISE 55° 20/26.7/33.3MVA
CONT. TEMP. RISE 65° 22.4/29.9/37.3 MVA
IMPEDANCE 8.1% AT 69000 - 12470 VOLTS AND 20 MVA
Seller’s Terms & Conditions
Buyer acknowledges and agrees that Buyer shall be solely responsible for the removal of the structure located on the Property (“Performance of the Services”), including all costs, permits, labor, and disposal. Seller shall have no obligation to assist in or bear any expense related to such removal. WAIVER, RELEASE AND INDEMNIFICATION. Buyer acknowledges that removal of the structure may pose substantial risks, both known and unknown, anticipated or unanticipated, including but not limited to severe bodily injury, death, property damage or other harm to persons or property. By executing this Agreement and performing the Services, Buyer hereby voluntarily accepts and incurs all such risks and acknowledges that Site Owner, and their respective employees, officers, agents, representatives and insurers (the “Released Parties”) assume no liability for any loss, damage, injury or other harm arising out of or in any way connected to Buyer and/or its sub Buyers’ performance of the Services. Buyer (and its employees and agents, if any) willingly and voluntarily waives, releases and forever discharges, and agrees to indemnify, defend and hold harmless the Released Parties from, any and all claims, losses, expenses, fees (including attorney’s fees), costs, and judgments that may be asserted against City of Rensselaer or Site Owner which may arise during or result from participation in or connection with performance of the Services.
Additional Information on this Auction
| Will Item results be voted on | Unsure | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | Contact Heath Malone at hmalone@cityofrensselaerin.com 219-866-8475 |
Questions/Answers Ask the seller a question about this auction.
You must be signed in to ask and answer questions.| No one has asked a question on this item yet. |
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.