Sale Date
October 15, 2020
11:00 AM Eastern Time
Sewaren, NJ
Large Capacity Turbine Repair & Maintenance Facility
Pre-Auction Offers Invited
Heavy Duty Lathes, Vertical and Horizontal Boring Mills, State of the Art Balancing Equipment, Grinders, Late Model Test Equipment, Plant Support and Much More!
Inspection
Sale preview will be held on Wednesday, October 14 from 9:00 AM to 4:00 PM ET, or by appointment. Please schedule your inspection appointment in advance by calling +1-847-545-6374. Everyone on site must wear a face mask and abide by all social distancing guidelines. Video call inspections can also be accommodated with advance notice.
Payment
An 18% Buyer's Premium will be charged on all assets purchased by buyers providing full payment is made within 48 hours following the sale. Acceptable forms of payment are cashier's check, company check (with bank letter of guarantee) or wire transfer within 48 hours of the sale close. For any Buyers failing to pay within the 48 hour stated payment period, the Buyer's Premium will be increased to 21%. Everything will be sold to the highest bidder, in accordance with the Auctioneer's customary "Terms of Sale", copies of which will be posted on the Auctioneer’s website and subject to additional terms announced the day of sale. All items are sold "As is, Where is" without any warranty, express or implied.
Links
Documents
Auction Brochure
Terms & Conditions
Deadlines
Removal of purchased lots begins on Monday, October 19. Smaller, hand-carry lots must be removed by Wednesday, October 21. All other items must be removed no later than Friday, October 30. All removal is strictly on an appointment only basis. Anyone removing purchased items with a lift truck or another powered vehicle must have a certificate of insurance with a $2M General Liability policy, and that certificate must be provided to the auctioneer for review and approval prior to the auction.