TRUE FITNESS ELLIPTICAL AND SCITFIT SIT DOWN TRAINER
Item Information - Item Name : TRUE FITNESS ELLIPTICAL AND SCITFIT SIT DOWN TRAINER
- Sale Lot Number :2-1-QSC-I-24-716-012
- City, State :SALISBURY, NC
Current Bid:$59.00Bidders:3This lot consists of 1 each True Fitness Elliptical CS800 and 1 each Scifit Sit Down Trainer. These are both listed as in usable condition. The condition is not warranted. The successful bidder is responsible for all aspects of shipping and removal. Please contact the property custodian at the following extensions: Aaron OConnor 13043, Bobby Green 13605,
or Tenesha Fluker 14765.Deficiencies when known, have been indicated in the item description. The absence of any known deficiencies does not mean that none exists. Potential Bidders are urged to inspect this property prior to placing a bid. Requests for extensions on removal can only be granted by (brian.licht@gsa.gov) in writing. The custodian does not have the authority to grant such requests. Repairs may be required.
Property Location Information:Please contact the custodian listed to schedule an appointment to inspect/remove the listed item(s). Payment is due 8/27/2024 and the removal due date is 9/9/2024.
Inspection and Removal Information:You must contact the custodian before inspecting property or removing property after award. You must comply with all building rules and policies during inspection and removal. Access to some federal facilities may require a Real I.D. Please refer to www.dhs.gov/real-id-public-faqs (external link, opens in a new tab) for more information on the Real ID Act.
Successful bidders are cautioned that they will be responsible for loading, packing and removal of all property awarded to them from the exact place where the property is located, as indicated below.For inquiries/questions regarding payments ONLY, see the Payment and Removal section of the FAQ's located at the top right of this page OR refer to the contact information provided on your notice of award email.Auction Description and Bidding Rules
At the close of the auction, the high bid will be considered for acceptance by the Government. The Government reserves the right to reject any or all bids for any reason. Once you submit a bid, you cannot cancel it, but you can replace it with a higher bid. When you submit a new higher bid, it replaces your previous one. Click the Bid History link to see the bids you have submitted in this auction (My Bids).- Current High Bid $59.00
- Bid Increment $4.00
- Reserve Price No
- Bid Deposit Required No
- Inactivity Period 20 minutes
- Run Length 7 days
- Inactivity Period for Reduction of Bid Increment2 days
- Reduction of Bid Increment60%
- Reduction of Bid Increment Limit$3.00
- Start Time 08/16/2024 05:38PM CT
- Closing Time 08/23/2024 05:38PM CT
- Status Closed
Closing Rules
This auction will end in one of these ways:
At the auction close time if no bids (proxy or flat) are placed within the inactivity period, or the auction is not subject to a inactivity period. After the inactivity period has passed without any bids (proxy or flat) being placed.
Note: "N/A" or a blank indicates that the value is not available for this auction.How To Bid
Placing a BidGSA Auctions only accepts minimum and maximum bids. A maximum bid is the maximum amount you are willing to pay for an item. Maximum bids are also referred to as proxy bids. When you place your maximum bid, GSA Auctions will use as much of your bid as needed to make you the current winner of the auction or to meet the auction's reserve price. The minimum bid you can place is either the starting price of the auction, or the current high bid plus the bid increment.Reserve Price
GSA Auctions only accepts bids in whole dollar amounts. Bids in partial dollar amounts, $150.25 for example, will not be accepted by the GSA Auctions system.The reserve price is the minimum price that GSA Auctions is willing to accept for an item. If your maximum bid equals or exceeds the reserve price, your bid will be placed at the reserve price.Competing Proxy Limits
How Are Tie Bids Resolved in GSA Auctions? If a bidder places a bid with the same proxy bid amount as another bidder, the previous (first) bidder will have the current high bid since their bid was placed first. Both bids are recorded with the same amount, displaying the first bidder with the same amount as current high bid, until another bidder bids higher.When two proxy bids compete, the greater of the two proxy limits always wins. If the greater proxy limit exceeds the lesser proxy limit by the bid increment, then a bid equal to the lesser proxy limit plus the bid increment will be placed. If the greater proxy limit does not exceed the lesser proxy limit by the bid increment, then the greater proxy limit's maximum bid will be placed.Increasing Your Maximum BidYou can increase your maximum bid if you are currently the winner in an auction. To increase your maximum bid, enter an amount greater than your current maximum bid. Increasing your bid will not increase your current high bid.Decreasing Your Maximum BidYou can decrease your maximum bid if you are currently the winner in an auction. To decrease your maximum bid, enter an amount less than your current maximum bid. You cannot decrease your bid below the minimum bid price.Maximum Bid/Proxy BidYour maximum bid or proxy bid, submits bids on your behalf. You specify the maximum price you are willing to pay. If you are outbid, the system submits a replacement bid at a higher price to keep you in the auction. It will bid as much as your maximum bid but no more.
Your maximum price is not shown to any other bidders.
If the system reaches your maximum bid limit, it stops bidding for you. Submit another bid if you want to continue bidding.Winning & TradingThe highest bid at the close of the auction wins.
If your bid is lower than the reserve price, you will not win the auction.Reduction of Bid Increment NotesThe reduction of bid increment happens when there is no bid activity within a specified time for an auction. The system will decrease the incremental bid amount by a percentage upto a limit based on template codes designed for this purpose. All auctions are not subject to the reduction of bid increment rule. Here's an example: A bid increment is set at $25.00 for an auction. A No-Bid-Period has been set for 2 days at a reduction rate of 10 percent and a reduction limit of $20.00. After 2 full days of inactivity for the auction, the bid increment will be reduced by 10 percent now making the current bid increment $22.00. 10 percent of $25.00 = $2.50 rounded to the nearest dollar $3.00. The reduction is repeated for multiple inactivity periods until the reduction limit is reached or auction closes.Closing Rules
This auction will end in one of these ways:
At the auction close time if no bids (proxy or flat) are placed within the inactivity period, or the auction is not subject to a inactivity period. After the inactivity period has passed without any bids (proxy or flat) being placed.
Note: "N/A" or a blank indicates that the value is not available for this auction.
How To Bid
Placing a BidAuctions for real property accept flat or automatic bids.
Flat bidA flat bid is for an amount at least the current bid plus the posted minimum Bid Increment. If the bid is greater than another bidders automatic bid, the system will consider this flat bid as the current (high) bid. If the bid is less than or equal to another bidders automatic bid, the system will record the bid but it will not be considered the current (high) bid.
Automatic bidAn automatic bid is an amount that you set above the posted minimum bid. Realestatesales.gov will use as much of your bid as needed to make you the current winner of the auction or to meet the auction reserve price. The system will automatically apply the minimum Bid Increment up to the total amount bid to make you the current winner of the auction or to meet the auctions reserve price. Your automatic bid amount is not shown to other bidders until it is reached through competitive bidding. You may change your bid amount but not less than the next bid increment amount.
GSA Auctions only accepts bids in whole dollar amounts.Bids in partial dollar amounts, $150.25 for example, will not be accepted by the GSA Auctions system.
Reserve PriceThe reserve price is the minimum price that GSA Auctions is willing to accept for an item. If your maximum bid equals or exceeds the reserve price, your bid will be placed at the reserve price.
Tie BidsIf a bidder places a bid with the same automatic bid amount as another bidder, the previous (first) bidder will have the high bid since their bid was placed first. Both bids are recorded with the same amount, displaying the first bidder with the same amount as high bidder, until another bidder bids higher.
Competing Automatic BidsWhen two automatic bids compete, the greater of the two automatic bids always wins. If the greater automatic bid exceeds the lesser automatic bid by the bid increment, then a bid equal to the lesser automatic bid plus the bid increment will be placed. If the greater automatic bid does not exceed the lesser automatic bid by the bid increment, then the greater automatic bids total bid amount will be placed.
Changing Your Automatic BidYou can increase your automatic bid if you are currently the winner in an auction. To increase your automatic bid, enter an amount greater than your current automatic bid. Increasing your bid will not increase your current high bid.
You can decrease your automatic bid if you are currently the winner in an auction. To decrease your automatic bid, enter an amount less than your current automatic bid. You cannot decrease your bid below the minimum bid price. Changing your automatic bid may affect the indicated time remaining.
Winning the auction
The highest bid at the close of the auction will be considered for award of the sale. The Government reserves the right to reject any and all bids for any reason.
Changes to the Bid IncrementReal property auctions will typically maintain the bid increment throughout the sale. However, in some sales the bid increment may be decreased or increased based on bidder activity. Announcements will be made on-line prior to any such change. Bidders should check the sale frequently for announced changes.
Changes to the Bidding IntervalReal property auctions close by announcing the sale end date and time and a bidding interval (usually 24-hours) whereby the highest bid received must survive the full bid interval period before the auction closes. However, the bid interval may be decreased or increased or eliminated at any time based on bidder activity. Announcements will be made on-line prior to any such change. Bidders should check the sale frequently for announced changes.
Note: When "Compatible" bidding occurs (two or more bids of the same amount are submitted), the "high bid" is determined by GSA Auctions system's evaluation, based on the time of submission and/or by proxy.
To enhance bidder privacy, and protect GSA Auctions users from fraudulent emails, GSA Auctions has changed how User IDs are displayed on the bid history page. Only you can view your User ID, all other members will see anonymous user IDs, such as Bidder*.
As of February 14, 2009 bidders will be assigned the actual bidder number for the sale/lot based on when they placed their bid, if you are the first bidder for this sale you will see Bidder#1, if you are the second bidder you will see Bidder#2.Bidders in the Auction (Current top 10 bidders) Bidder Bid Amount Bid Time Bidder#1 (Current High Bid) $59.00 08/23/2024 @ 04:47PM CT Bidder#3 $49.00 08/23/2024 @ 04:47PM CT Bidder#2 $35.00 08/20/2024 @ 07:58PM CT
Property Location
Point of Contact For questions related to contractual issues, contact the following GSA Sales Representative:Contact :Brian Licht
(404) 215-6783
brian.licht@gsa.gov
Property Custodian For questions regarding the property, inspection, and removal, contact the following Property Custodian:Name :AARON O'CONNOR
(704) 638-9000 Extn : 13043
AARON.O'CONNOR@VA.GOV
CC Email Address : TENESHA.FLUKER@VA.GOV