
10/19/09, 06:12 PM
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Banned
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Join Date: Mar 2005
Location: Dwelling in the state of Confusion - but just passing thru...
Posts: 8,092
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Have been a "looky-lou" on GSA for quite awhile, but haven't found anything on there yet that I couldn't live without......
either that, or it was TOO FAR AWAY!
However, that doesn't help in answering your question(s). Best bet would be to go back and review your auction and find out what the terms were.
If you really want to know how they operate, then you need to check the terms and conditions of ALL their auctions listed at the top of their home page.
Here's an excerpt from that, that should give you an idea of why you haven't heard anything from them......mainly the responsibility is in your lap to dot your i's and cross your t's.
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Default.
Bidders are cautioned to bid only on items they are prepared to pay for and
remove in accordance with the online sale terms and conditions of this sale.
Failure to pay for and remove all awarded items, or all items within a lot within
the timeframe specified, could result in termination of the contract.
The bidder will also be subject to paying liquidated damages.
The following supersedes Clause No. 9 of the SF 114C.
If you are awarded an item on GSA Auctions®, you have a responsibility
to pay for the item or lot that you were awarded within 2 business days from
the date & time the award email notification was sent and promptly remove it
before 10 business days from the date & time the award email notification was sent,
unless otherwise specified in the contract. If you fail to meet either of these two conditions,
you will be in violation of the online sale terms and conditions of your contract with the Government
and will be considered “in default”.
As a defaulted bidder, you will be responsible for the payment of liquidated damages,
an administrative fee for the processing and re-handling of the item for which you neglected
to pay for and/or remove. The charge will total 20% of the purchase price of the award amount or $200,
whichever is greater. The Government shall be entitled to retain (to collect) this amount of the
purchase price of the item(s) as to which the default occurred.
Further, if an item or lot has been paid for but only a portion of the lot has been removed,
you will still be considered “in default”, and you will not be entitled to a partial refund (the difference of 20% or $200).
In the event of a default, a bidder will lose all rights to place bids for other items for sale
on GSA Auctions® until liquidated damages have been paid and the payment processed (see below).
Defaulted bidders will only be allowed to "browse" items. At the time that liquidated damages are paid,
the bidder will be given access to begin bidding on items.
Liquidated Damages.
Liquidated damage payments paid by credit cards are processed by GSA's Finance office on a daily basis.
If a credit card is used in payment of liquidated damages owed, it can take up to 2 business days to process
this payment and clear a user’s GSA Auctions® account. Avoid if at all possible, incurring liquidated damages.
PAYMENT AND REMOVAL
Payment and Removal Timeframes.
If you are the successful bidder, property must be paid for within 2 business days and property
removed within 10 business days from the time & date of the award email notification of sale results,
unless otherwise specified in the contract. After payment is processed, a copy of the Purchaser’s Receipt
and Authority to Release Property will automatically be emailed to the successful bidder based upon the
email address that was provided at the time of registration, or will be either faxed or mailed, contingent upon
the information that was provided at the time of registration.
Last edited by copperkid3; 10/19/09 at 06:23 PM.
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