Important Information
4 Day Auction!!!
Raco Industrial - Day 4 - Metal Working, Fabricating, Material Handling Equipment & More!
Surplus machinery and equipment need to go!
Auction Date: lots start closing on Friday, August 30, 2019 at 10:00 am CDT
Location: 2100 S Wolf Road, Des Plaines, Illinois
Inspection / Preview: Monday, August 26, from 8 AM - 3 PM
Buyers Premium: 18 %
Sales Tax: 10%, withour proper exemption
Removal: All purchases MUST be removed as listed:
- AUGUST 28 – 30 (For Lots Purchased Tuesday, August 27 ONLY), 7:30 AM – 4:30 PM
- SEPTEMBER 3 – 13, 7:30 AM – 4:30 PM For All Equipment except Bridge Cranes and Jib Cranes.
- SEPTEMBER 16 – 20, Bridge Cranes, Jib Cranes and Hand Carry Items Removal ONLY.
- NO WEEKEND OR HOLIDAY REMOVAL WITHOUT PRIOR ARRANGEMENTS.
- ALL ASSETS MUST BE REMOVED BY SEPTEMBER 20, 2019. All items remaining after this time WILL BE CONSIDERED ABANDONED.
- Purchases may be removed only on presentation of paid bill. Removal shall be at the expense, risk and liability of the purchaser. Auctioneer shall not be responsible for goods not removed within the time allowed.
4A. RIGGING: Raco Industrial will load all equipment for the posted loading fee on each item. Items that may be hand carried, or removed without motorized equipment has no posted loading fee, and buyers may remove at no charge. NO machinery movers, riggers or other type of outside contractor will be allowed to remove equipment from the premises except for the bridge cranes and jib cranes.
Riggers or other type of outside contractor must provide HEATH INDUSTRIAL with proper insurance in order to remove the bridge and jib cranes. HEATH INDUSTRIAL. WILL NOT ALLOW them to work on these sale premises unless they have placed with us PROPER INSURANCE protecting HEATH INDUSTRIAL and the people or company that the auctioneers are conducting the sale for against any or all claims arising from personal injury and/or property damage created by their actions. This requirement is for the auctioneer's protection - NOT FOR THE PURCHASER'S therefore the auctioneer suggests that the purchaser review the insurance policies of the machinery mover regarding the coverage that they have protecting the purchaser and damage or loss of the equipment they may be moving for the purchaser.
4B. RIGGING DISCOUNT: Raco Industrial is offering the following discounts for all equipment loaded during the following timeframes:
|
August 28 – August 30, 2019 |
30% Discount off of posted loading fee |
|
September 3 – September 6, 2019 |
15% Discount off of posted loading fee |
|
September 9 – September 13, 2019 |
No Discount |
Partial Listing:
Featuring CNC Turning Centers, Milling Machines, Boring Mills, Lathes, Press Brakes, Power Squaring Shears, CNC Grinders, Ironworkers, Radial Arm Drills, Keyseaters, Cylindrical Grinders,Surface Grinders, Hones, Furnaces & Ovens, Turret Punch, Inspection Equipment, EDM Machine, Hydraulic Presses, Band Saws,Tooling, Material Handling & so much more!
BidSpotter Customer Service Support Department
Have a question pertaining to the bidding process?
Visit our Frequently Asked Questions!
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Customer Support Hours:
- Monday – Thursday, 8:00 AM EST – 10:00 PM EST
- Friday, 8:00 AM EST – 6:30 PM EST
Email: support@bidspotter.com
Office: (253) 858-6777 Toll Free: (866) 597-2437
Terms and Conditions
Please note our deposit requirements for bidders with no bidspotter bidder history or bidder history with any negative feedback:
Insufficient Bidspotter history
Due to your insufficient Bidspotter history we may require a deposit up to $500.00 USD (refundable) before you can be approved to bid. By registering to bid for this sale, you are giving us the right to pre-authorize a deposit of $500.00 USD. This pre-authorization is immediately refundable if you do not purchase anything, or if you choose to make other payment arrangements. Once you have established a sufficient positive Bidspotter history you will not have to deposit in order to get approved.
Bidspotter history with negative feedback
Due to your Bidspotter history we will require a $2,500.00 USD deposit (refundable) before you can be approved to bid. By registering to bid for this sale, you are giving us the right to pre-authorize a deposit of $2,500.00 USD. This pre-authorization is immediately refundable if you do not purchase anything, or if you choose to make other payment arrangements. Once you have established a sufficient positive Bidspotter history you will not have to deposit in order to get approved.
All Bidders
Everything will be sold to the highest bidders for cash, in accordance with our standard Terms of Sale which can be found on our web site at www.heathindustrial.com or by requesting a copy of our terms and conditions of sale by email to auctions@heathindustrial.com.
Your bid is a contract: Place a bid only if you are serious about buying the item. If you are the high bidder, you will enter into a legally binding contract with Heath Industrial. All bids are in US dollars.
A Buyers Premium will be added to all items sold. Heath Industrial makes every attempt to accurately describe all items at the auction sale, there are always possibilities of errors occurring which is out of our control. It is important to know this fact if you plan on placing a Proxy Bid or if you plan on bidding via bidspotter.com.
Please inspect before you bid and remember, everything is sold AS IS, WHERE IS with absolutely no warranty or guarantee of any kind, either written or implied.
Payments can be via company check, cash, or wire transfer. Credit Cards are accepted for an additional fee. All successful bidders will receive their invoices via email from Heath Industrial after the last day of the auction sale.
All successful bidders will be responsible for sales taxes which may be added to your invoice unless an exemption certificate is supplied prior to invoicing.
Heath Industrial reserves the right to automatically charge payment card on file with bidspotter.com, for any and all outstanding invoices not paid within 48 hours after the close of the auction.
Removal:
Rigging and removal is the responsibility of the buyer. Small items that can be carried out should be removed immediately after the auction or at the latest, the day after the auction. All riggers or buyers who will be removing items using any powered vehicle will need to provide a certificate of insurance that is acceptable to Heath Industrial. Removal will begin when the auction sale has been completed and payment in full has been received.
If you need assistance please call us at our corporate offices @ 847-380-1755 or via email at auctions@heathindustrial.com