Yes - but your confirmed bid can only be retracted under special circumstances should you choose to submit a formal bid retraction request. A confirmed bid can only be retracted under the following circumstances: You made a typographical error when placing a bid amount. New item information was added that changed your understanding of the item for which your bid was placed. You cannot retract a bid if: You have placed bids on a similar item. You have placed a bid on a Dutch Auction. You have changed your mind. You state that you cannot pay for the item. You submit a bid retraction request less than 24 hours before auction close. To retract a confirmed bid, you must contact Customer Service at auctions@nonprofitbidding.org with your request. Include the item listing number and the reason for the retraction. All bid retraction requests received by Nonprofit Bidding less than 24 hours before auction close will not be processed regardless of the explanation. All bid retraction requests received by Nonprofit Bidding without a valid explanation will not be processed. Bidders who retract their bids may not place new bids on that item.