Public Spot Sale Policies / Procedures
Public Sales page
Surplus Property sells
merchandise diretly to University faculty, staff, students and the general
public for personal use. Property that is eligible to be sold by spot sale
is available on a cash and carry basis for the price on
the date written on the itme.
The following conditions
apply to public spot sales:
- Determination of what items may
be sold to the public is at the discretion of the Suplus Property department.
- We
reserve the rigth to refuse service to anyone.
- Only items that have been in Surplus
Property's possession for a minimum of 15 days are eligible for sale to
the general public.
The holding
period ensures that University departments have the chance to claim property
for on-campus before it is sold to the public (this includes all items in
the main warehouse).
Items will be stamped with an available sale date (which equates to a date
15 days after the item was received) and a price.
If the 15 day holding period expires on the weekenc or on a holiday, that
item may be purchased the next business day.
Lost and found items are exempt from the 15 day period.
- If more than one interested buyer
arrives to purchase the same item at the same time we will request all
parties to put in a written offer. The item will then go to the highest
bidder.
- Most items for sale will be priced,
however if not, please ask a member of the warehouse staff to establish
a price for you.
- "Cash and Carry" means - pay by
cash or check and take the item with you. We will not be responsible
for any item left in the warehouse after it has been sold! Please
do not ask us to store your purchased item(s) so that you can pick it
up at a later date or to hold an item for your until the sale date. All
items sold on a cash receipt will be returned to inventory and re-sold
if not picked up by the buyer within 5 days of purchase.
- A 6.525% Sales Tax applies to
all sales, unless a tax exempt ID is suplied.
Public Sales page
Page
Last Updated on
January 28, 2004