Terms & Condition:
Public Auctions -
Public Auctions are held by The University of Toledo on a
periodic basis. On average, two public auctions are held per
year.
Public Auctions are utilized when the University has vehicles, lost
and found items, as well as general equipment, furniture and
supplies. They are conducted by a contracted auctioneer
company and are open to the general public.
Advertising: Advertising for the public auction is done by the
contracted auction company via print and web media. The
University Purchasing Department also announces this event via
internal communications.
Payment: Terms of payment are cash or good check, as
determined by the auction company.
Hours: Public Auctions begin at 10:00 A.M. Doors open at
9:00 P.M for preview. The auction usually lasts 4-5
hours. Purchased items must be removed on date of auction.
Public Sales -
Public Sales are held by the University on a bi-monthly
basis.
Public sales are utilized when the University has general items
to dispose of, I.E. furniture, equipment and supplies and they are
conducted by Purchasing Department staff members.
Advertising: Advertising for public sales is done by the
Purchasing Department via print and web media.
Payment: Terms of payment are cash only, plus applicable sales
tax. No checks or credit cards accepted. Tax-exempt
purchases are not allowed unless tax-exempt form is presented upon
check out.
Hours: Public Sales hours are 10:00 AM - 2:00 PM.
Note Regarding Item Availability:
Although every attempt will be made to maintain consistency with
advertisements, item availability is subject to change. Items may be
added or deleted from the Public Auction or Sale list due to
University or other State of Ohio entity need.
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