THE SCHOOL BOARD OF COUNTY, FLORIDA TIMED AUCTION OF SURPLUS SCHOOL BUSES & SERVICE EQUIPMENT August 2022 Terms & Conditions of Sale 1. SCOPE: The School Board of Broward County will conduct a public auction of District Owned School Buses and Vehicles that have been declared as surplus to the needs of The District. 2. AUCTION DATE: This auction will be a Timed On-Line Auction. Bids will be received at National Auction Company page of the Proxibid.com website. Registration for the auction will be through Proxibid.com and bidders will be required to provide credit card information as a means of verification only. The auction opens on August 23, 2022, at 3:00 P.M. and will end on August 30, 2022, 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 August 30, 2022. All bids will be reported to The School Board of Broward County. All top bid prices will be reported as the High Bidder and Back-Up Bidder to Broward County School Board personnel. Bids received after published closing times will not be accepted except those that fall under the conditions of Extensions of Bid described in the paragraph that follows. Extensions of Bid: 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. Please note that the National Auction Company or The School Board of Broward County has no control over this process. All School Buses & Vehicles offered in this Timed-Bid Auction will be sold Subject to the Confirmation of the Seller, The School Board of Broward County. In the event top bid prices are not confirmed by Broward County personnel, items may be withdrawn from the auction and offered at another time at the discretion of the School Board of Broward County.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 all top bid prices will be confirmed and Top Bidders will be notified their bid has been accepted within 24 hours from the time the auction closes. The Auctioneer reserves the right to establish minimum amounts for opening bids and bid increases. In the event bidders do not comply with the minimum amounts stated, bids received that are less than those set forth will not be accepted. 3. PLACE: The Auction will be conducted by the National Auction Company on their website, www.natlauction.com. The auction platform of Proxibid will be used for this auction event. 4. INSPECTION OF VEHICLES: School Buses and Vehicles included in this auction are not available for Preview because they are located at restricted Bus Terminals. Pre Event Previews can be scheduled by appointment with the Auctioneer and his staff. Those desiring to preview the auction inventory should contact George Richards to schedule (954-658-5033). Potential bidders/purchasers will not be permitted to drive any vehicle prior to the auction. ALL BUSES AND VEHICLES ARE OFFERED IN AS-IS CONDITION. Information is provided pertaining to each School Bus and Vehicle included in the auction which describes their current condition to the best ability of the Auction Company. Descriptions provided are not guaranteed but based upon the ability of the Auction Staff and conditions that could be observed. Photographs and descriptions will be published on the Auctioneer?s website. The information included on the Website includes videos of School Buses and Vehicles that could be started. Some of the Buses might have been driven from other Broward County School Board Terminals for the convenience of sale. It is possible that inventory that is noted as ?Non-Run? could be started and driven. It should be assumed any vehicle marked as ?Non-Run? will need to be towed. The Auction staff has made an effort to accurately illustrate and describe the condition of the School Buses and Vehicles. It is possible all defects were not observed. It is also possible between the time auction materials were gathered and when School Buses or Vehicles are picked up, charging levels in batteries could have changed or other mechanical issues become known. The fact auction materials indicate a School Bus or Vehicle could be started and at the time they are picked up will not start will not be regarded as a reason for any sale to be voided. Potential bidders should be aware buses and vehicles shown in videos with engines running and being moved may have been out of service for an extended period of time. Purchasers/Bidders should not assume the buses or vehicles included in this auction can be driven long distances. The Buses that are included in this auction are exempt from odometer/mileage statements. Odometer readings/hour meter readings included in the information are those last reported and might not be accurate. As possible, odometer readings stated in the auction materials have been verified. If actual odometer readings are different from those reported in the auction information, will not be a cause for the invalidation of the sale. Each item included in this auction is specifically offered and sold in As-Is condition without guaranty or warranty either expressed or implied. 5. CONDITIONS OF SALE AND DELIVERY: The School Board of Broward County, as a casual seller, is selling surplus School Buses & Vehicles at Public Auction, for cash, to the highest bidders. Announcements made by the Auctioneer will be made through the website and e-mailed to all registered bidders. Despite efforts to avoid withdrawal of items from the sale list after being published and/or advertised, there could be circumstances when such action is necessary. The School Board of Broward County reserves the right to remove any School Bus from the auction and reserves the right to accept or reject any/all bids. All School Buses & Vehicles are offered and sold ?as is? and ?where is.? The School Board of Broward County and National Auction Company makes no warranties or guarantees, expressed or implied as to the operation or condition of any vehicle. Even though great effort has been made to assure the accuracy of the information, it is possible information provided might not be correct. Once top bid prices have been received and communicated to Broward County Personnel, all sales are final and not subject to any refunds or exchanges. All successful bidders (s) agree to comply with all terms and provisions as listed above. 6. BUYER?S PREMIUM: A 7% Buyer?s Premium will be added to all top bid prices and included in the final purchase price. 7. NOTIFICATION TO TOP BIDDERS AND PAYMENTS: All Top Bidders will be notified their bid has been accepted by the National Auction Company through the E-Mail address supplied at the time of Bidder Registration. Payments can be made by Cash, Money Order, Certified Check, 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 which guarantees payment for purchases made at this auction. Payments can also be made via Bank-to-Bank Wire Transfer. Please contact Auctioneer for bank information. CREDIT CARDS, DEBIT CARDS, OR PAYMENT FORMATS SUCH AS ZELLE WILL NOT BE ACCEPTED. Payments will be accepted starting on August 31, 2022, between the hours of 10:00 A.M. and 3:00 P.M. a. All payments must be made at the Northwest Terminal which is located at 2600 NW 18 Terrace, Pompano Beach, Florida 33071. Please watch for Auction/Cashier Directional Signs. Signs will be posted directing purchasers to the area designated for use by the National Auction Company. b. Payments can be made between the hours of 10:00 A.M. and 3:00 P.M. c. Motor Vehicle Certificates of Title and keys are only available at the Northwest Terminal (2600 NW 18 Terrace, Pompano Beach, Florida 33071). c. In the event a Top Bidder has purchased more than one item, payment in full must be received before anything can be removed from County property. Invoices will be in the name of Purchasers only and cannot be combined under other Bidder?s numbers as assigned by Proxibid. 8. SALES TAX Florida Sales Tax will be calculated on the full purchase price, that is, the top bid price plus a 7% Buyer?s Premium. National Auction Company does not collect sales tax on titled motor vehicles which must be paid at the time of title transfer. Dealers who purchase for resale must provide a copy of their 2022 resale certificate to National Auction Company by e-mail to: lori@natlauction.com. In the event this certificate is not provided, sales tax will be charged. Sales Tax will be collected on non-titled items. In the event a 2022 Resale Certificate is not provided, Sales Tax will be included on the Auction Company Invoice. 9. 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 the National Auction Company. Transfer of title must be completed within 10 days of the date set forth on the Invoice provided by the National Auction Company. 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. Licensed Motor Vehicle dealers must provide a copy of their license and Sales Tax Resale Number at the time of bidder registration. Open titles will not be given to purchasers. 10. DEFAULT: If a buyer 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 could be subject to removal from the mailing list and may 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. 11. REMOVAL: School Buses & Vehicles must be removed from Broward County School Board Terminals on or before September 1 by 3:00 P.M. The School Board of Broward County and National Auction Company are not responsible for vehicles remaining at the auction site after completion of the auction. Please be aware School Board policy does not permit anyone other than their licensed drivers/employees to remove any running vehicles from any of the Terminals. It is recommended purchasers make contact with the Auctioneer to schedule times for removal from the School Board property. As noted in the auction materials, Buses and Vehicles included in this auction are currently located at three locations. Entry to any of the Terminals requires admittance with an Auction Staff member and photographic identification. Entry times are restricted by operational schedules at Broward County School Board Terminals. School Board staff members and/or drivers are not available after 2:30 P.M. It will be the responsibility of Top Bidders (Purchasers) to arrange for their own transportation and removal of Non-Running School Buses & Vehicles from School Board Terminals. Bidders/Purchasers should be prepared to have School Buses 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 will be required to be present when their vehicles are being removed from Broward County School Board property. Top Bidders (Purchases) will be required to sign a receipt that shows delivery of purchased School Buses or Vehicles. Broward County Terminals are located at the following addresses: Northwest Terminal 2600 NW 18 Terrace, Pompano Beach, Florida 33071 Central Terminal 3831 NW 10 Avenue, Oakland Park, Florida 33309 Southwest Terminal 20251 Stirling Road, Pembroke Pines, Florida 33332 West Central Terminal 2320 College Avenue, Davie, Florida 33317 South Terminal 900 South University Drive, Pembroke Pines, Florida 33025 Each entrance is secured 24/7 and access requires photo identification. Copies of Purchaser Receipts and Bill of Sale should be made available for inspection by the security guard or School Board Staff. 12. REGISTRATION: All bidders are required to register with National Auction Company on their website, www.natlauction.com. or at Proxibid.com. Each Bidder will be assigned a Bidder?s Number that will be used and recorded for each sale. 13. 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 Acts 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 the National Auction Company will be reported to Broward County School Board for action they determine to be appropriate. 14. 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 which identifies Broward County Schools, Northwest Terminal. Watch for directional signs to the Auction Office. FROM the Florida Turnpike (Broward County) Exit at Sample Road. After paying 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. Continue to NW 18 Terrace and turn left. Watch for the sign Broward County Schools, Northwest Terminal, and directional signs to the Auction Office. 15. POINTS OF CONTACT: Auctioneer: National Auction Company Contact Name: George Richards Contact Number: 954-658-5033 Contact Email: grichards@natlauction.com National Auction Company Licensed Real Estate Brokers & Auctioneers (AB 640 ? AU899)