We use traditional auction methods. Prospective bidders will receive descriptions, bidding instructions, and an opportunity to inspect the merchandise ahead of time or on the day of sale. GSA Auctions TM . Online auction sales offer web-enabled auctions, a wide variety of personal property, electronic bidding, bids by proxy, and instant feedback. A spot bid sale is similar to a silent auction, with bids written down rather than voiced.
Property is offered item by item and awarded to the highest bidders.
Bidders may bid only once per item, unless the item is re-offered. Conditions of Sale GSA sells used personal property according to the U.S. Government s Standard Form 114C, General Sale Terms and Conditions. Please study carefully the terms and conditions in the Invitation for Bid and in any notices provided at auctions and in any notices provided at auctions and other sales and be sure that you understand any special terms. Certified checks and bank drafts are not acceptable. A personal or company check will be accepted only when accompanied by a bank letter guaranteeing payment.