PUBLIC AUCTION
OF SURPLUS EQUIPMENT OF A HEAT SEAL VINYL
& VACUUM FORMING OPERATION (PLUS BOBST & THOMSON DIE CUTTERS!!!!!!!)
SCOTT CITY, MISSOURI
ONLINE AUCTION HOSTED BY BIDSPOTTER.COM
THURSDAY, AUGUST 1, 2013 TO THURSDAY AUGUST 22, 2013

TERMS & CONDITIONS OF SALE

Online auction of Surplus Equipment of a Heat Seal Vinyl & Vacuum Forming Operation located in Scott City, Missouri. Bidding is scheduled to open on August 1st, 2013. Lots will close in consecutive order beginning August 22nd, 2013 at 10:00 a.m. A 12% Buyer`s Premium and applicable sales taxes will be applied to each purchase. Cash, Wire Transfer, Credit (Visa, MasterCard, and Discover), & Company Check with Bank Letter will be accepted for payment. Please direct all questions to ATEC at (314) 447-3200. Auctioneers: George Rissmann or Dave Lewis.

IT IS IMPORTANT THAT YOU PRINT AND CAREFULLY READ THE DETAIL THAT FOLLOWS:

1. REGISTRATION
All bidders must register for the sale providing name (& business if applicable), address, and reliable contact phone number. By registering the bidder acknowledges that they have read, accept, and submit to abide by the terms set forth in this document. It is the registrant’s responsibility to seek clarification of any condition or
term not clearly understood or left undefined within this document.

2. INSPECTION
Items can be inspected at 314 Madison Street in Scott City, Missouri 63780 on Wednesday, August 21st, 2013 from 9:00 a.m. to 3:00 p.m. Additional inspections may be scheduled with ATEC by appointment only, with 48 hours notice minimum. Inspection for items located in Cape Girardeau, MO are by appointment only. Call our office at 314-447-3200 to schedule appointments to inspect these items.

3. BIDDING
All bidders must be registered to participate in this sale. A 12% Buyers Premium will be added to the sale price of each item sold. Sales tax in the amount of 8.43% will be added to the purchase price of all items. Placing a bid acknowledges that the bidder has read, accepted, and submits to abide by the terms set forth in this document. Placing a bid also signifies a contractual intent to purchase at the specified bid amount and cannot be rescinded.

4. PAYMENT
Payment is due in full by Monday, August 26th, 2013, 2 p.m. Central Time. ATEC accepts Wire Transfer, Credit Card (Visa, MasterCard, and Discover), & Company Check with Bank Letter. All checks should be made payable to ATEC, INC (1188 Walters Way Lane in Olivette, MO 63132). A 12% Buyers Premium and 8.43% sales tax will be added to the sale price of each item sold. Tax exempt buyers must provide, via email, a sales tax exemption certificate or supporting documentation to ATEC at time of registration.



All winning bidders will be notified via email immediately following the sale with an invoice to follow. If you receive notification that you are the successful Bidder, but do not receive an invoice from ATEC by Friday August 23rd, 2013 by 10:00 a.m., it is YOUR RESPONSIBILITY to notify our office at (314) 447-3200 so that we may re-issue your invoice. Payment in full must be received prior to the removal of any purchased item. Any unpaid purchases will be considered abandoned and re-sold at the auctioneer’s discretion.

5. REMOVAL – EXTREMELY IMPORTANT
Removal is the sole responsibility of the buyer. THE AUCTIONEER IS NOT RESPONSIBLE FOR PREPARING ITEMS FOR REMOVAL. No Items will be released until that item has been paid for in full and a copy of the paid invoice is presented to an ATEC representative on site.

Removal of most items will take place at 314 Madison Street in Scott City, Missouri 63780 beginning Monday, August 26th through Friday, August 30th, 2013 between 8:00 a.m. and 4:00 p.m. Removal for items in Cape Girardeau, MO will be scheduled by appointment only. Call ATEC at 314-447-3200 to schedule a removal time.
Removal will take place during the work week and will not be permitted on weekends. If additional time is required in order to remove the purchase, please contact ATEC to make arrangements for an extension by
Monday August 26th.

All Riggers must be pre-approved by the building owner & auctioneer prior to removal and in accordance with the following guidelines.
• Any contractors, subcontractors and/or rigging companies, or any other person or entity used to remove equipment/assets from the wood floor or real property, shall meet the following conditions prior to performing any work at the real property:
(a) be pre-approved by building owner in writing.
(b) be licensed to perform the work and have all necessary licenses and permits to conduct the work by any local, state or governmental agency.
(c) carry liability insurance in the minimum amounts as follows:
1. 1 million dollars for worker’s compensation claims.
2. 1 million dollars for all other liability claims.
3. name building owner as an additional insured on all policies of insurance and provide certification of both insurance coverage and additional insured status to building owner prior to performing any work at the real property.

Please contact ATEC at 314-447-3200 if you are interested is seeking pre-approval for a rigger. The following riggers are currently authorized to provide removal services:

Phase 4 Rigging
Contact Jason Jaggie
636-461-0212

FGR Mechanical, Inc.
Contact Gene Reutzel Griffin Reutzel
573-334-6525 573-579-5813


If you employ someone to remove your purchases, they must provide a copy of the paid invoice to our representatives on site. All riggers/movers MUST provide proof of insurance to ATEC prior to dismantling or moving any items in the facility. NO ITEM WILL BE REMOVED WITHOUT PROOF OF PURCHASE
AND PAYMENT – NO EXCEPTIONS! All items must be removed by Friday, August 30th, 2013 at 2:00 p.m. Any items not removed by this deadline will either be moved to another location at the buyer’s expense ($500.00 per item) or be considered abandoned.

Certain items require professional rigging for removal. This has been indicated in the lot description.

6. MERCHANDISE
All items are being sold AS IS/WHERE IS without warranty or guarantee of any kind expressed or implied. Neither the auctioneer nor the seller shall be responsible for discrepancy in description or nomenclature. The auctioneer does not own any of the items in the sale and is working on behalf of the seller. The auctioneer reserves the right to remove on behalf of the seller any items identified by the seller to have a clear defect or legal encumbrance not initially known and identified at the time of posting. Neither the auctioneer nor the seller shall be held responsible for any issues related to the safe handling and transport of equipment purchased, as removal is the responsibility of the buyer.

IT IS YOUR RESPONSIBILITY TO CLARIFY ANY OF THE TERMS OR CONDITIONS PRIOR TO BIDDING ON ANY ITEMS.


Our customers have used the following companies for assistance with removal of their purchases:

FOR PROFESSIONAL HEAVY RIGGING:

Phase 4 Rigging
Contact Jason Jaggie
636-461-0212

FGR Mechanical, Inc.
Contact Gene Reutzel
573-334-6525