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Auction Details
Auction Started: Aug 5, 2026 01:09 PM MDT
Auction Ends: Aug 19, 2026 03:00 PM MDT
City of Glenwood Springs (CO) [View seller's auctions]
[View Terms and Conditions]
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Buyer must pickup item(s)
Description
What is a Dutch Auction?
A Dutch Auction is an auction in which the seller lists multiple quantities of an identical item. With multiple items up for sale, multiple bidders can win and one bidder can try to buy more than one quantity. If there are more bidders than items, the highest bidder will receive his or her full quantity. Bidders may receive partial quantities, i.e., only receive 2 out of the 3 items they bid for.
Bids on Dutch auctions are done per item. When you bid, you will enter the desired quantity and the per item price. As with all auctions, Proxy bidding may be used during Dutch auctions. The system will work to make sure you get the maximum possible number of items - up to your maximum quantity - for the lowest possible price. Your total price will be the quantity won multiplied by the per item price.
Example #1
Auction for 5 items
Bidder 1: Bids $20.00 per item, wants 1 item
Bidder 2: Bids $15.00 per item, wants 3 items
Bidder 3: Bids $10.00 per item, wants 3 items
Bidder 1: Wins 1 item-was high bidder per item and only wanted 1 item. Will pay $20.
Bidder 2: Wins 3 items-bid $15 per item, will pay $45.
Bidder 3: Wins remaining 1 item. Even though bidder 3 wanted 3 items for $10 each, this bidder was outbid, so he or she will only get the remaining 1 item and will pay $10.
Example #2
Auction for 5 items
Bidder 1: Bids $20.00 per item, wants 5 items
Bidder 2: Bids $15.00 per item, wants 3 items
Bidder 3: Bids $10.00 per item, wants 3 items
Bidder 1: Wins all 5 items - the bidder placed the highest bid per item and will pay a total of $100.
Example #3
Auction for 5 items
Bidder 1: Bids $25.00 per item, wants 3 items
Bidder 2: Bids $25.25 per item, wants 5 items
Bidder 1: Wins 3 items
Bidder 2: Wins 2 items
Guarantee Waiver. All property is offered for sale "as-is, where-is." City of Glenwood Springs makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, All sales are final.
Inspection. Bidders may inspect the property prior to bidding. Bidders must adhere to the inspection dates and times indicated in the item description or contact the person listed to schedule an inspection.
Consideration of Bid. City of Glenwood Springs reserves the right to reject any and all bids and to withdraw from sale any of the items listed.
PayMac, handles all payments for City of Glenwood Springs. See Terms and Conditions.
Buyers Premium: Applicable Buyer Premium will be added to the final sale price with a $1 minimum charge per auction to collect payment.
The buyers premium is 10%; however, we pick up 1%, so the buyers are paying 9%. The $1.00 minimum goes into effect if the 10% buyers premium is less than $1.00, the $1.00 is charged instead of the 10%.
Removal. Buyer must remove auction item(s) from the agency premises within ten (10) business days after the time and date of issuance of the Notice of Award.
Pick-Up Procedures
You will be notified upon receipt of payment. You may then contact the responsible party listed for the auction item and arrange for a mutually convenient pick-up time. You must bring to the pick-up location (1) the "Notice of Award," (2) the "Paid Receipt" and (3) personal identification (such as a Driver's License). You must present all three identification items at the scheduled pick-up, or the auction item(s) will not be released to you.
Disclaimer
Guarantee Waiver. All property is offered for sale "as-is, where-is." City of Glenwood Springs makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, All sales are final.
Inspection. Most items offered for sale are used and may contain defects not immediately detectable. Bidders may inspect the property prior to bidding. Bidders must adhere to the inspection dates and times indicated in the item description or contact the person listed to schedule an inspection.
Consideration of Bid. City of Glenwood Springs reserves the right to reject any and all bids and to withdraw from sale any of the items listed.
PayMac, handles all payments for City of Glenwood Springs. See Terms and Conditions.
State/Local Sales and/or Use Tax. City of Glenwood Springs will collect 9.35% sales tax on non-vehicles.
Buyers Premium: Applicable Buyer Premium will be added to the final sale price with a $1 minimum charge per auction to collect payment.
Bid Deposits: City of Glenwood Springs may require bid deposits.
Pick-up hours by appointment only. Successful bidder will be responsible for removal of item.
Successful bidder will be responsible for cost of packing and/or shipping of any item(s) if necessary.