Texas Tech University
Health Sciences Center
Online Sales-Terms
and Conditions
Guarantee
Waiver All property is offered for sale (as-is, where-is.) Texas Tech
University Health Sciences Center (TTUHSC) 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. The Buyer is not
entitled to any payment for loss of profit or any other money damages -
special, direct, indirect, or consequential.
Description
Warranty TTUHSC warrants to the Buyer that the property offered for sale
will conform to its description. Any claim for mis-description must be made
prior to removal of the property. If TTUHSC confirms that the property does not
conform to the description, TTUHSC will keep the property and refund any money
paid. The liability of TTUHSC shall not exceed the actual purchase price of the
property. 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 TTUHSC reserves the right to reject any and all bids and to
withdraw from sale any of the items listed.
Notice of
Award Successful bidders will receive a Notice of Award by email from
PublicSurplus.com
Payment PayMac,
Inc. collects all payments for TTUHSC. Payment for an awarded item must be
received within 5 business days of close of auction. Payment shall be made
online by credit card, or wire transfer. If you choose to pay with a credit
card please follow the instructions below. The credit card limit per
transaction is $4,000.00. For payments larger than this amount follow the
instructions listed under Wire Transfers.
Payment by Credit
Card
Login to the Public Surplus
site. Click on (My Stuff) and then click on (Past Bids). Click on the
description of the auction and then click on (Pay Online) link located on the
right hand side of the screen. Follow the steps to complete the transaction. A
receipt will be emailed to you once the payment has cleared.
Partial Payment
There will be NO partial
payments of an auction allowed. All auctions must be paid in full per payment
process used per auction. For Example: You WILL NOT be able to pay partially
for an auction by Credit Card and pay the remainder by another payment method
such as a wire transfer.
Wire Transfers:
For payments over $4,000.00
a Wire Transfer is required. NO CASH, CHECKS, OR MONEY ORDERS WILL BE ACCEPTED.
If you need to do a wire transfer please email support at
buyersupport@publicsurplus.com asking for wire instructions or request the
instructions via live chat. These instructions will be emailed to you. Please follow
them exactly to allow for prompt payment.
Pick Up Procedures
1. Public Surplus will
notify the Buyer upon receipt of payment. The Buyer may then contact the
responsible party listed for that item and arrange for a mutually convenient
pick up time. The Buyer must bring the (1) Notice of Award with the (2) Paid
Receipt and (3) Personal Identification such as a Driver's License or DMV ID to
the pick-up location. The person releasing the item will require the Buyer to
show all three (3) documents. The Buyer must present these forms of
identification at the scheduled pick up or the auction item(s) will not be
released.
2. If you are picking up an
item for someone else, you will need to bring the receipt, (photo copies are
acceptable), plus a note from the designated (winning bidder) specifically
naming you as their authorized representative, along with your own ID.
Bid Deposits Texas
Tech University Health Sciences Center may require bid deposits in order to
ensure fairness and equity to all buyers as a way to decrease default bidding.
The deposit will be reversed if no default occurs or the bidder does not win
the auction. Public Surplus will collect and retain the deposit if there is a
default by the winning bidder.
Buyers
Premium: A Buyers Premium may be added to the final sale price with a $1
minimum charge per auction to collect payment. If added the premium will be
visible during the bidding process and will be included in payment to Public
Surplus.
State/Local Sales
and/or Use Tax TTUHSC may collect sales tax, unless the buyer has provided a
valid tax-exempt certificate to Texas Tech University Health Sciences Center
prior to payment. If applicable the sales tax will be visible during the
bidding process and will be included in your payment to Public Surplus. All
vehicle sales are tax exempt.
Removal Buyer
must remove auction item(s) from said agencies premises within 5 business days
of notification by Public Surplus of receipt of payment, and within 10 business
days from the time and date of issuance of the Notice of Award. If the Buyer,
after making payment for an item, fails to remove the item within the specified
time, the agency reserves the right (1) to retain any and all payments; and (2)
to dispose of the item as deemed desirable by the agency. Successful bidders
are responsible for loading and removal and any and all property awarded to
them from the place where the property is located as indicated on the website
and in the Notice of Award. The Buyer will make all arrangements and
perform all work necessary, including packing, loading and transportation of
the property. Under no circumstances will Texas Tech University Health Sciences
Center assume responsibility for packing, loading or shipping. Property
may be removed between the hours of 8am-12:00pm and 1:00pm-5pm, Monday through
Friday, excluding legal holidays. For additional information, please contact
TTUHSC General
Services- gsamasurplus@ttuhsc.edu
Vehicle Titles TTUHSC
will issue a title or certificate upon receipt of payment. Titles may be
subject to any restrictions as indicated in the item description on the
website. Open titles cannot be issued. TTUHSC will not issue replacement titles.
Default Default
shall include (1) failure to observe these terms and conditions; (2) failure to
make good and timely payment; or (3) failure to remove all items within the
specified time. Default may result in termination of the contract and
suspension from participation in all future sales until the default has been
cured. If the Buyer fails in the performance of their obligations, TTUHSC may
exercise such rights and may pursue such remedies as are provided by law.
Acceptance of Terms
and Conditions By submitting a bid, the bidder agrees that they have read, fully
understand and accept these Terms and Conditions of Online Sales, and agree to
pay for and remove the property, if the bid is accepted, by the dates and times
specified.
Privacy: TTUHSC
gathers information from bidders so that it will know who has won an auction
item. Personal information is not sold or rented. Personal information is used
for the purpose of conducting online auctions and not used for any other
purpose. Be advised that transactions of TTUHSC auction are subject to Chapter
552 of the Government Code entitled Public Information, also known as the Texas
Public Information Act.