THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA TIMED AUCTION SURPLUS SCHOOL BUSES & EQUIPMENT December 2025 Terms & Conditions of Sale 1. SCOPE: The School Board of Broward County will conduct a public auction of District-owned school Buses, Vehicles, and Equipment that have been declared as surplus to the needs of the District. 2. AUCTION DATE: • This auction will be a Timed Bid Online Auction. Bids will be received at www.natlauction.com and conducted on Proxibid.com. • Registration for the auction will be through Proxibid.com, and bidders may be required to provide credit card information as a means of verification only. • The auction will open on December 9, 2025, at 3:00 P.M. and will end on December 16, 2025, with lots beginning to close at 3:00 P.M. • The auction website will make use of staggered closing times, but all bids will close on December 16, 2025. 3. REPORTING OF BIDS: • All High Bid Prices will be reported to the School Board of Broward County once the auction has closed. Bids received after the published closing times will not be accepted except those that fall under the conditions of Extensions of Bid described in the paragraph that follows. • In the event a bid or bids are made during the last two minutes of an auction, the ending time for the auction will be extended for an additional two minutes. Extensions will continue until no further bids are received within the last two minutes of the auction. National Auction Company and the School Board of Broward County have no control over this process. 4. FORM OF AUCTION: • All School Buses and Vehicles included in this Timed-Bid Auction are being offered Subject to the Confirmation of top bid prices by the School Board of Broward County, Florida. • In the event top bid prices are not confirmed by The School Board of Broward County, items may be withdrawn from the auction and offered at another time at the discretion of The School Board of Broward County. It is expected that all top bid prices will be confirmed. Top Bidders will be notified that their bid has been accepted within 24 hours of the auction closing. • The Auctioneer reserves the right to establish minimum amounts for opening bids. 5. PLACE: National Auction Company will conduct the Auction, and information can be found at www.natlauction.com. Proxibid will be used as the auction platform for this event. 6. INSPECTION OF VEHICLES: • School Buses and vehicles included in this auction will not be available for Preview because they are located at restricted School Bus Terminals. Specific questions should be directed to George Richards at 954-658-5033. • Buses and Vehicles included in this auction were driven to the Northwest Bus Terminal, 2600 NW 18 Terrace, Pompano Beach, Florida 33071. • Auction descriptions include information regarding which buses and vehicles could be started on their own or were jump-started. It is possible that between the time the auction was being set up and when vehicles are picked up, they may not start on their own but will need to be jump-started. • If the description of any bus or vehicle indicates it does not start or run, bidders should not assume these units can be started. • To the extent possible, auction descriptions of each item should include information regarding the operation of air-conditioning. It is possible that between the time the auction was being set up and when vehicles are picked up, the air-conditioning may no longer be functioning. • Potential bidders/purchasers will not be permitted to drive any vehicle before the auction or after the auction has been concluded. ALL SCHOOL BUSES AND VEHICLES ARE OFFERED IN AS-IS CONDITION. • The information included on the Website may include videos of School Buses and vehicles that could be started. It is possible that inventory described as “Non-Run” can be started and driven; however, when auction materials were being gathered, those marked as Non-Run could not be started. • Some of the vehicles included in this auction may not have been driven for an extended period of time. It is possible some will not start on their own and may require new batteries or mechanical repairs. In addition, the condition of the tires is unknown, and it is possible that some of the vehicles cannot be safely driven long distances. Many of the School Buses and vehicles were driven from other Broward County School District Terminals for the convenience of the auction. • Every effort has been made to accurately illustrate and describe the condition of School Buses and vehicles included in this auction; however, it is possible that all defects were not observed. It is also possible that between the time auction materials were gathered and when items are picked up by Top Bidders, charging levels in the batteries could have changed. The fact that auction materials indicate a vehicle could be started but will not start at the time it is being picked up will not be cause for any sale to be voided. Every effort will be made to assist as much as possible. • Many of the School Buses included in this auction may be exempt from odometer/mileage statements. Odometer readings included as part of the vehicle information are as reported by the Broward County School Board and might not be accurate. To the extent possible, odometer readings stated in the auction materials were verified. If actual odometer readings are different from those reported in the auction information, it will not be a cause for invalidation of the sale. • Each item included in this auction is specifically offered and sold in As-Is condition without guarantee or warranty, either expressed or implied. 7. CONDITIONS OF SALE AND DELIVERY: • The School Board of Broward County is selling surplus School Buses, Vehicles, and Equipment at Public Auction, for cash, to the highest bidders. • Any announcements and/or changes necessary to the conduct of the Timed Bid Auction and made by the Auctioneer will be sent as emails through the website and distributed to all registered bidders. • Despite efforts to avoid withdrawal of items from the Timed Bid Auction list after being published, there could be circumstances when such action is necessary. The School Board of Broward County reserves the right to remove any item from the auction and reserves the right to accept or reject any/all bids. • All School Buses, Vehicles, and Equipment are being offered and sold “as is” and “where is.” The School Board of Broward County and National Auction Company make no warranties or guarantees, expressed or implied, regarding the operation or condition of any item included in the auction. Even though great effort has been made to ensure the accuracy of information, it is possible that the information provided might not be correct. • Once top bid prices have been received and communicated to Broward County Personnel, all sales are considered final and are not subject to change, renegotiation of the top bid price, refunds, or exchanges. • All Participants in this Timed Bid Auction agree to abide by all Terms & Conditions of Sale provided in this document. 8. BUYER’S PREMIUM: A 7% Buyer’s Premium will be added to all top bid prices and included in the final purchase price. 9. NOTIFICATION TO TOP BIDDERS: • All Top Bidders will be notified that their bid has been accepted by National Auction Company through the email address supplied at the time of Bidder Registration. 10. PAYMENTS: • Payments will be accepted starting on December 17, 18, and 19, 2025, between 10:00 A.M. and 3:00 P.M. • All payments must be made at Broward County Schools, Northwest Bus Terminal located at 2600 NW 18 Terrace, Pompano Beach, Florida 33071. • On-site directions to the Auctioneer’s Cashiering Office will be provided through directional signage. There is a parking lot on the north side of the property, convenient to the Cashiering Office. Please remember this is an active School Bus Terminal, and care must be taken when entering and exiting the parking lot. • Payments can be made by Cash, Money Order, or Cashier’s Check. All checks should be made payable to National Auction Company, Auctioneer’s Escrow Account. Personal and Corporate Checks will only be accepted when accompanied by a current bank letter that specifically guarantees payment for purchases made at this auction. • Payments can also be made via Bank-to-Bank Wire Transfer. Please contact National Auction Company for bank information. • PLEASE NOTE: Credit Cards, Debit Cards, or payment formats such as Zelle WILL NOT BE ACCEPTED. • Purchasers paying with $10,000.00 CASH or more will be required to provide information that is needed to comply with IRS Form 8300. • Payments made after December 19, 2025, may be subject to a surcharge of 10% of the purchase price. Please pay for purchased vehicles and other items by the date specified. • The School Board of Broward County and National Auction Company reserves the right to resell any item included in this Timed Bid Auction that has not been paid for by 3:00 P.M., December 19, 2025. 11. MOTOR VEHICLE TITLES & KEYS: • Motor Vehicle Certificates of Title and keys are ONLY available at the Northwest Bus Terminal (2600 NW 18 Terrace, Pompano Beach, Florida 33071). • In the event a Top Bidder has purchased more than one item, payment in full must be received before anything can be removed from the School Board of Broward property. • Invoices and Bills of Sale will be printed in the name of Purchasers only and cannot be combined under other Bidder’s numbers assigned by Proxibid. 12. SALES TAX • Florida Sales Tax will be calculated on the full purchase price, which includes the Top Bid Price and 7% Buyer’s Premium. • National Auction Company does not collect sales tax on titled motor vehicles, which must be paid by the Purchaser at the time the title is transferred. • Dealers who purchase for resale must provide a copy of their 2025 resale certificate to National Auction Company by e-mail to: lori@natlauction.com. If this certificate is not provided, sales tax will be charged. • Sales Tax will be collected on non-titled items unless purchased by those who have provided National Auction Company with a copy of their Sales Tax Certificate. 13. MOTOR VEHICLE TITLE TRANSFERS: • Purchasers are responsible for transferring Certificates of Title into their name or company name as listed on the Invoice provided by National Auction Company. Transfer of title must be completed as soon as possible, but no later than 10 days from the date stated on the Invoice provided by National Auction Company. • After payment in full has been made, a Certificate of Title will be given to the purchaser, which must be taken to a Tag Agency and transferred into the name of the purchaser. The receipt given by the Auto Tag Agency must be brought to the Auction Office (2600 NW 17 Terrace, Pompano Beach) before the vehicle can be removed. • All required Registration Fees and Sales Tax must be paid at the time Certificates of Title are transferred. • All Certificates of Title will be closed to include the name of the Purchaser, their address, the date the vehicle was sold, and the purchase price. • Florida Licensed Motor Vehicle dealers must provide a copy of their license and Sales Tax Resale Number at the time of bidder registration. In the event that Licensed Dealers do not provide the required information, Certificates of Title will be completely closed. • Open titles will not be given to purchasers. 14. DEFAULT: • If a Top Bidder fails to complete the sale under the conditions set forth or agreed to by The School Board of Broward County, any deposits and/or payments made to the account of the School Board will be forfeited, and vehicles will remain the property of the School Board. • If a Top Bidder fails to make payment in full after being notified their bid has been accepted, at the discretion of The School Board of Broward County and/or the Auctioneer, the bidder’s name may be subject to removal from the mailing list and not be permitted to participate in future auctions. • Failure to make final payment may result in removal from future bidder registration (s) for other auctions conducted on the Proxibid platform. 15. REMOVAL: • School Buses, vehicles, and other items must be removed from Broward County School Board Terminals as soon as possible but not later than December 19, 2025. • The School Board of Broward County and National Auction Company are not responsible for any Item included in the auction that remains at the Broward County School Board Terminal after completion of the auction. • In the event any School Bus, vehicle, or other item is not picked up by 3:00 P.M., December 19, 2025, it may be retained by the School Board of Broward County and the full purchase price forfeited. • It is recommended that purchasers make contact with the Auctioneer’s staff to schedule times for removal from School Board property. Entry to any Terminal requires admittance with an Auction Staff member and photographic identification. • Entry times may be restricted by operational schedules at Broward County School Board Terminals. • It will be the responsibility of Top Bidders (Purchasers) to arrange for their own transportation and removal of Non-Running Vehicles from School Board Terminals. • Bidders/Purchasers should be prepared to have Vehicles designated in auction materials as non-runners towed. Tow trucks can only enter School Board Terminals when accompanied by Auction Staff members. • Top Bidders/Purchasers using Towing or Transport Services must provide specific information to National Auction Company, which authorizes the release of a vehicle to a transporter. Please make sure contact information is provided to the auction company personnel. • Top Bidders (Purchases) will be required to sign a receipt which shows delivery of purchased Vehicles. • Repair work that goes beyond the replacement of batteries is strictly prohibited at any Broward County School Board Property/Terminals. 16. MOTOR VEHICLE DEALERS • Motor Vehicle Dealers must provide the Auctioneer with a copy of their current Motor Vehicle Dealer’s License in the state in which they are licensed before moving any vehicle. Motor Vehicle Dealers must provide a copy of a Certificate of Insurance to National Auction Company. • Motor Vehicle Dealers who are using Dispatched Delivery Services must supply the Auctioneer with a current Insurance Certificate of the Dispatch Service, Transporter, or Towing Service. • Dispatch Service drivers will be required to supply a copy of their current Commercial Driver’s License and sign a receipt for each vehicle to be transported. 17. REGISTRATION: All bidders are required to register with National Auction Company on their website, www.natlauction.com. To participate in the auction, all bidders must also register with Proxibid.com. Each Bidder will be assigned a Bidder’s Number, and that number will be recorded for each sale. 18. COLLUSION • Collusion is defined as an agreement among competitive bidders to raise, fix or otherwise maintain the price at which goods or services are sold. • Auctions are governed under the Sherman Act, enacted in 1890. The Sherman Act prohibits any agreement among competitors to fix prices, rig bids or engage in other anti competitive activity. • Violations of the Sherman Act may be considered to be a felony and punishable by fines established in the Act. • Bidders planning to participate in this auction should be aware violations that come to the attention of National Auction Company will be reported to Broward County School Board for action they determine to be appropriate. 19. DIRECTIONS TO AUCTION CASHIERING LOCATION From I-95 (Broward County) Exit at Copans Road and continue West to NW 18 Terrace and turn right. Continue on NW 18 Terrace to the sign that identifies Broward County Schools, Northwest Terminal. Watch for directional signs to the Auction Office. FROM the Turnpike (Broward County) Exit at Sample Road. After paying the toll, continue to the traffic signal and turn right (east) and continue to Powerline Road. At Powerline Road, turn right and continue to Copans Road. Make a U-Turn and continue to NW 25 Place and turn right. 20. POINTS OF CONTACT: Auction Company: National Auction Company Contact Name: George Richards Contact Number: 954-658-5033 or 954-232-0359 Contact Email: grichards@natlauction.com lori@natlauction.com National Auction Company Licensed Real Estate Brokers & Auctioneers George Richards, Auctioneer AB640 • AU899