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As a bidder, you don't have to constantly watch auctions and worry about being outbid! All GovDeals Internet Auctions feature an auto-bid. In the bid box on the auction view page, enter the HIGHEST dollar amount that you are willing to pay, and the GovDeals bidding system will bid on your behalf by placing a bid at the current LOWEST minimum bid. If another bidder outbids your LOWEST minimum bid, the system will automatically place another bid, once again making you the current high bidder, until your "top dollar" number is reached. The auto-bidding system will continue to place the LOWEST minimum bids on your behalf until you are the winner of the auction or another bidder bids higher than your auto-bid. Auto-bids are completely private and are never displayed to other bidders. In the event of a reserve price auction, your auto-bid will immediately bid up to the amount of the reserve OR to the max amount of your auto-bid if the reserve price is in excess of your auto-bid.

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Probation Level 1 Bidding

This Seller has instituted a Bidder Probation Restriction on this auction. To have this restriction removed, a $1,000 refundable deposit in the form of a Certified Cashier's Check or U.S. Postal Money Order must be mailed to GovDeals, Inc., 100 Capitol Commerce Boulevard, Suite 110, Montgomery, AL 36117. Once 60 days have passed GovDeals will return this bid deposit.

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Open auction where bidding starts at a fixed amount and increases by a minimum bid increment (or higher) by different bidders until the auction end time is reached. Once the auction has closed and a high bidder has been identified, the seller reserves the right to approve or reject the final offer.

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Bid History for Reams and Reams of Paper - GRAB BAG BIDDERS - Great for Schools
Auction Start Date: 11/16/20 4:22 PM ET
Auction End Date: 11/30/20 12:22 PM ET
Asset ID: 1624   Number of Bids: 10

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Reams and Reams of Paper - GRAB BAG BIDDERS - Great for Schools
Auction Ends 11/30/20 12:22 PM ET
Remaining 4 Days 17 Hrs
This item is subject to an auto
extension of the auction end time.
Refresh Bid & Time
Tax See Payment Instructions
Buyer's Premium 12.50%
Starting Bid $200.00
Bids 10
High Bidder k*****************m
Current Bid $1,055.00
Bid Increment $25.00
Minimum Bid $1,080.00
Terms and Conditions
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Quantity Condition Category Inventory ID
Lot 1 New/Unused Arts and Crafts CC#15
Quantity Condition Category
Lot 1 New/Unused Arts and Crafts
Inventory ID
CC#15
Reams and Reams of Paper, random envelopes, laminate pouches, etc. - GRAB BAG BIDDERS - Great for Schools
  • Includes: over 1700 reams of 8-1/2 x 11, 8-1/2 x 14, and 11 x 17 various weights and finishes
  • Approximate retail value over $7,000.00! A great bargain buy for school art departments.
  • Remaining stock from the university Copy Center that was closed in May 2020.
  • For pick up: ground level access, no stairs, no loading dock
  • Itemized list attached

  • Buyer must arrange removal from site

  • See photos for clarification.

  • IF YOU ARE THE WINNING BIDDER: Please note that you must schedule an appointment with us to pick up your items. There are no weekend hours available. Please note that our staff is not able to assist you with loading, moving or securing your items. You MUST provide your own manpower, tools and equipment to move and load your items.

    Please read our terms and conditions before you bid.

    Reminders:

    • Items are sold As-IS

    • Please EMAIL questions to surplusproperty@utoledo.edu

    • University of Toledo employees (including student workers) are not permitted to bid on items, per the Ohio Revised Code.

    • ONCE THE ITEM HAS BEEN REMOVED FROM THE SELLERS LOCATION, ALL SALES ARE FINAL.


    • PLEASE REVIEW THE SELLERS TERMS AND CONDITIONS OF SALE.

      TAX EXEMPTION: If you are Tax Exempt, you MUST provide your tax documentation to GovDeals, PRIOR to making an Online Payment.


      Seller added the following information on 11/25/2020 9:01 AM:
      Email surplusproperty@utoledo.edu directly and I will send you the Excel list.
    Additional Info: Paper Plus Inventory.pdf,   CC 7-16-20 Final Inventory to Sell.pdf
    Questions and AnswersQuestions and Answers
    Q: Can a trailer be parked near the exit door that the reams would be taken out of building????? Thanks (11/19/20 4:36 PM)
    A: Yes or at least within a moderate distance (75 feet), dependent on the size of the trailer. (11/20/20 7:22 AM)
    Q: Can this lot be inspected for condition of paper.? (11/23/20 12:42 AM)
    A: Yes it can. It is still in location of the closed Copy Center just as you see it in photos. Climate controlled office space, never in any harms way from water exposure or any damage from motorized moving/lifting equipment; always moved by hand or handcart. (11/23/20 8:40 AM)
    Q: How many reams of 8 1/2 x 11 ? (11/24/20 11:17 PM)
    A: The list is attached to the post, but I will say that the majority is 8-1/2 x 11. (11/25/20 4:37 AM)
    Q: Can you attach your inventory sheet as an excel file instead of a pdf so that we can more easily search it to decide our bidding price? (11/25/20 8:01 AM)
    A: I just tried but apparently it is a GovDeals function as the Excel was converted at upload. (11/25/20 8:50 AM)
     
    Seller InformationSeller Information
    view other auctions from University of Toledo, OH
    Seller Name University of Toledo, OH  [view seller's other assets]
    Asset Contact (Phone: 419-530-5849)
    Asset Location 2801 W Bancroft St
    Toledo, Ohio 43606-3328
    Map to this location
    InspectionInspection
    Sold As-is.

    PaymentPayment
    Wire Transfer PayPal VisaMasterCard DiscoverAmerican Express
    Payment methods for this item are Wire Transfer, PayPal, or credit cards (Visa, Mastercard, American Express*, Discover) only. * American Express is not available for buyers on probation. PayPal and credit card purchases are limited to below $5,000.00 and Bidders residing in the United States, Canada and Mexico Only. If the winning bid plus applicable taxes, if any indicated, plus the buyer's premium equals to $5,000.00 or more, Wire Transfer must be used. Buyers on level one probation have a PayPal and Credit Card limit of $1,000. If Wire Transfer is chosen, a Wire Transfer Transaction Summary page will provide payment and account information. The Wire Transfer must be completed within 5 days unless otherwise specified below.

    Payment is due 5 business days from auction closing

    RemovalRemoval
    IF YOU ARE THE WINNING BIDDER: Please note that you must schedule an appointment with us to pick up your items. There are no weekend hours available. . 72 hour advance notice of the pick up is required, to ensure we have the proper staffing. If you have purchased a vehicle an additional two weeks may be required for proper signatures and notarizing paperwork.

    Please note that our staff is not able to assist you with loading, moving or securing your items. You MUST provide your own manpower, tools and equipment to move and load your items.

    MediaMedia
    Reams and Reams of Paper - GRAB BAG BIDDERS - Great for Schools Reams and Reams of Paper - GRAB BAG BIDDERS - Great for Schools
    Special InstructionsSpecial Instructions
    If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with GovDeals WILL BE LOCKED!

    For online payment – Log into your GovDeals account and select “My Bids”. You may follow the instructions there.

    GUARANTY WAIVER: All property is offered for sale “AS IS, WHERE IS.” Seller makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchant-ability or fitness for any purpose of the property offered for sale. The Buyer is not entitled to any payment for loss of profit or any other money damages – special, direct, indirect, or consequential.

    DESCRIPTION WARRANTY: Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for misrepresentation must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of Seller shall not exceed the actual purchase price of the property. ***Please note that upon removal of the property, all sales are final!

    INSPECTION: Items are used and Sold As-Is, items may contain defects not immediately detectable. Bidders may request additional pictures or measurements via email at surplusproperty@utoledo.edu prior to bidding. Bidders must adhere to the dates and times indicated in the item description.

    PAYMENTS: Payment in full is due not later than 5 business days from the time and date of the Buyers Certificate. Payment must be made electronically through the GovDeals Website. See bottom of the page for additional payment instructions.

    Quick Asset Lookup (QAL) #: 592-1624 (GD)