Terms for Sale in Boston, MA on 2018-04-07
LARGE CONSOLIDATED UTILITY & CONSTRUCTION EQUIPMENT AUCTION SALE
SATURDAY, APRIL 7th, 2018 – 8:30 AM
NOTICE: There will be over 400 pieces of utility, power line & construction equipment, trucks, light duty vehicles & trailers that are surplus to the present needs of National Grid USA, Eversource Energy, Asplundh Tree Expert Co., Area Electrical Contracting & Forestry Companies & Others. Everything will be sold at absolute auction to the highest bidder regardless of price.
SELLING WITH TWO AUCTIONEERS/RINGS
AUCTIONEER SELLING NOTE: Due to the large quantity of items in this sale we will be selling with (2) auctioneers/rings both selling at the same time. Auctioneer (2) will start selling at 9:00 AM. Please check the website for selling order & updates.
SALE SITE PHONE: (978) 252-7473
SALE SITE FAX: (978) 274-7055
NEW LOCATION: JJ Kane Auction Facility, 11 Fortune Boulevard, Shrewsbury, MA 01545. NEW DIRECTIONS: From Massachusetts Turnpike (I-90), Take Exit 11. After exiting, take left onto Route 122 North (Worcester). In .6 miles, turn right onto Route 20 East (Marlborough). Travel 3.3 miles on Route 20 East to Right on Centech Boulevard. Travel .6 miles to Left on Fortune Boulevard. Follow to end. Driveway on left at Cul-De-Sac. NEW PARKING ARRANGEMENTS: There will be no parking available at the Auction Yard. Parking will be available in the Remote Parking Lot located .2 miles south of Fortune Blvd. A bus will be available to shuttle customers to and from the Auction Yard.
HOTELS: Located in Worcester within 5 miles of the sale site – Hampton Inn (508) 757-0400 & Holiday Inn (508) 852-4000 & located in Auburn within 10 miles of the sale site – Holiday Inn Express (508) 832-2500
BUYER’S FEE: There will be a 10% taxable buyer’s fee charged on all items sold. A $25.00 document fee will be applicable to all titled pieces, regardless of the purchaser exemptions.
TERMS: Complete payment is required on sale day only in cash or guaranteed funds: traveler's checks, money orders and/or bank certified checks. CREDIT CARDS WILL NO LONGER BE ACCEPTED FOR PURCHASES IN MASSACHUSETTS. Company & personal checks will be accepted "only" when they are accompanied by a valid bank letter of credit "guaranteeing or honoring" payment of that particular check up to a specific amount of money. All letters of credit should be addressed to J.J. Kane Auctioneers. International Buyers will need to wire transfer full payment directly from your bank to J.J. Kane Auctioneers bank account. No International checks will be accepted.
PAYMENT TERMS: Full payment must be made by the close of business on the sale date, unless agreed to in writing by JJ Kane Auctioneers. Should Bidder fail to pay for any and all item(s) in full on the sale date, Bidder shall remain fully responsible for the purchase price and buyers fee. In addition to all other rights contained herein, if a default occurs and the full payment is not made on the sale date and as long as the default continues to occur, all outstanding financial obligations shall bear interest at the Interest Rate of 2% per month. The default interest rate shall apply from the date of the default through the time any judgment thereon is paid in full. If for any reason a court or arbitrator(s) deems this default interest rate excessive or impermissible, the arbitrator(s) or judge shall impose the maximum default interest rate permitted and all other terms contained herein shall remain valid and enforceable. JJ Kane Auctioneers shall be permitted to resell the item(s) and the Bidder shall be fully responsible for the difference of the purchase price along with the buyer’s fee and any additional cost regarding the resale of the item(s). Bidder understands that Bidder shall be responsible for all reasonable attorneys’ fees, court cost, default interest and other cost incurred by JJ Kane Auctioneers associated with the enforcement of this provision.
FINANCING: Altec Capital Services offers a quick and easy credit process, and flexible and affordable finance options. For more information dial (888) 408-8148 or email email@example.com All financing must be pre-approved prior to the auction sale.
LIKE KIND EXCHANGE NOTIFICATION: Buyer is hereby notified that Asplundh has assigned to Northstar Deferred Exchange Corporation, acting in its capacity as a Qualified Intermediary, all of its rights but not its obligations, in any existing and future contracts to sell certain equipment. This notification will apply unless specifically excluded in writing. Notice Regarding Like Kind Exchange: Certain equipment consigned to this auction may be sold as part of an equipment exchange, pursuant to Section 1031 of the Internal Revenue Code, and the rights of the consignor under Contract to Auction may be assigned to a third party Intermediary.
LIVE INTERNET BIDDING: This auction sale will feature live on-line bidding powered by Proxibid. All prospective internet bidders are required to register on-line 48 hours prior to the auction sale at www.jjkane.com (Bid Online Tab). All live internet buyers will be charged an additional 2% buyer’s fee and be required to comply with all the terms and conditions of the auction sale, including the payment and removal procedures. For all specific internet bidding questions, please contact Proxibid at (877) 505-7770.
ABSENTEE BIDDING: Absentee bids must be over $10,000. There will be a 25% deposit required with all absentee bids that must be wire transferred to J.J. Kane. Call the sale site for the necessary forms and wire transfer information. Forms must be submitted with lot numbers, full descriptions, serial numbers and the exact amount of your bid(s). J.J. Kane reserves the right to round off bids to the most logical increment. All of the above requirements must be met by 4:00 PM E.S.T., Thursday, April 5th or the bid(s) will not be accepted.
INSPECTION: One Day Only on Friday, April 6th from 8:00 AM to 4:00 PM and sale day starting at 7:30 AM. All customers entering the sale site must have a photo I.D. and register in the Sale Site Office.
REMOVAL: During the auction sale, as long as the removal activity does not disrupt the auction sale, for 2 hours after the conclusion of the auction sale, Sunday, April 8th from 9:00 AM to 1:00 PM or Monday to Wednesday, April 9th to April 11th from 8:00 AM to 4:00 PM. Everything must be removed by Wednesday, April 11th at 4:00 PM with no exceptions or items will be released by appointment only at the new owner’s expense.
HAULING/DRIVE AWAY: Direnzo Towing & Recovery (508) 865-1802, DAB Transport (816) 230-4135 & Spirit Miller Drive Away (607) 467-1978.
NOTICE: The following section shall apply to the following vehicle mounted aerial devices (Hereinafter referred to as “aerial device”):
a. Extensible boom aerial devices; and
b. Aerial Ladders; and
c. Articulating boom aerial devices; and
d. Vertical towers; and
e. A combination of any of the above.
The vehicle may be a truck, a trailer, or an all- terrain vehicle.
The successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with the owner’s, operator’s, parts/service and maintenance manuals for the aerial device purchased. If the owner’s, operator’s, parts/service and maintenance manuals are not available, the successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with a list of manufacturers that the successful purchaser must contact to obtain the manual(s). The successful purchaser hereby acknowledges that they shall be responsible to notify the manufacturer of the unit model and serial number along with the name and address of the new owner within sixty (60) days from the date of purchase. Upon completion of the sale, JJ Kane Auctioneers will notify the prior owner of the successful purchasers name and location.
Notice to Attendees: Persons attending are notified that an Auction Site is a potentially dangerous place. Flammable, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the Auction Site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.
ADDITIONAL TERMS: Items will be added to the auction sale. In an emergency situation, all sellers reserve the right to remove any unit from the sale. Call first before traveling if this is a concern. Accuracy cannot be guaranteed. Everything will be sold "As-Is" and "Where-Is" with no warranties or guarantees expressed or implied. In some cases, because of the locations of certain trucks & equipment, pictures were taken of like pieces and not the actual unit.
NOTICE: J.J. Kane Auctioneers or Seller(s) are not responsible for any inspections prior to or after purchase. All equipment or vehicles that require any type of inspection on the upper unit or chassis is 100% the bidder/purchaser's responsibility and expense. (ie: Cranes, Man Lifts, Buckets, Diggers, Construction Equipment, Trailers and Vehicles of any type).
NOTICE: All Potential Bidders/Buyers: The safety and reliability of the equipment listed for sale cannot be ensured unless it receives regular inspections, tests and maintenance. The Seller or Auctioneer will not be responsible for equipment inspection reports before any equipment sale or failed equipment inspection reports after the equipment is sold. All equipment is sold As-Is, Where-Is with all faults, defects and modifications. The description of the equipment is for the purpose of identifying the equipment and DOES NOT CONSTITUTE A WARRANTY OR REPRESENTATION THAT THE EQUIPMENT SHALL CONFORM TO SUCH DESCRIPTION OR ANY CONDITION REFERRED TO THEREIN. J.J. Kane Auctioneers warrants only title to the equipment. The Seller or Auctioneer makes no representation or warranty of any kind, expressed or implied. It is the potential bidder/buyer responsibly to ensure that all equipment is given thorough inspections according to the manufacture recommendations by only those persons who are able to detect and assess defects and potential hazards that could limit the safe performance of the equipment functions.
Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.