Sale of all surplus property is, as is and where is, without warranty. The description of surplus property offered for sale has been compiled from available data, but there is no guarantee or warranty on the part of the City of Beloit as to condition or quality of surplus property. The City of Beloit reserves the right to withdraw any items being offered. No service of any kind will be furnished by the City of Beloit, and the successful bidder shall assume any cost of weighing, packaging, crating, loading or hauling, unless otherwise indicated in writing by the City. Pick-up will be appointment only. No refunds or adjustments will be made on any award(s). Bids submitted shall remain firm and effective for a period of seven (7) days following the closing date. Successful bidder is responsible to deliver full payment (to include all auction fees incurred by the City, currently 7% of the bid amount) in a fashion so it is received by the City seven (7) calendar days following closing date and remove property within ten (10) days from date of notice of award. No property may be removed by the purchaser prior to making full payment.


Default shall include (1) failure to observe these terms and conditions; (2) failure to make good and timely payment; or (3) failure to remove all items within the specified time. Default may result in termination of the contract and suspension from participation in all future sales until the default has been cured.