Sam Houston Pkwy N, Suite A-130, Houston, TX, 77043 or by wire transfer directly to the bank specified in the wire transfer instructions provided for this on-line auction. All bills must be paid to the Houston headquarters offices of the Auctioneer at 2901 W. The insurance coverage must be at a level acceptable to Auctioneer and to the Seller.Īll checks for deposits and balances due shall be payable to the order of PLANT & MACHINERY, INC. Riggers, movers, electricians or buyer performing work at the Auction Sites must provide Auctioneer with evidence of insurance. Auctioneer shall not be responsible for goods not removed within the aforesaid time. Purchases will be delivered only on presentation of paid bill. Removal shall be at the expense, risk and liability of the Purchaser. No lot can, on any account, be removed prior to PMI having been paid in full. Some items may be auctioned with reserve.Īll purchases must be removed within two weeks after the bids have closed. The Auctioneer shall determine the bidding increments. All bidders must register before bidding.Īll bids must be paid in full within two business days after the bids have closed. īy registering, the Bidder hereby expressly authorizes PMI to charge the Credit Card if the Bidder fails to pay any invoice within forty eight (48) hours after each such invoice is issued to Bidder.Īll bidders are required to give full name, address, phone, fax, and bank information when registering. Here is an example of what your letter should be.

All auction invoice payments must be made by Cash, Cashier’s Check, Wire Transfer or Company Check with Bank Letter of Guarantee to Plant & Machinery, Inc. DOES NOT take credit cards for auction invoice payments. If you are unsuccessful in the auction, your card will be refunded of your deposit within 24 hours post auction. This auction may require a credit or debit card 100% refundable deposit. Your credit/debit card added through the fully secure and PCI compliant registration process will be assessed a 100% refundable $3000 (US Bidder) or a $10,000 (Foreign Bidder) deposit in order to be approved to bid online within this auction. THE OWNER AND/OR AUCTIONEER RESERVE THE RIGHT TO ADD TO OR MODIFY THE TERMS OF THE SALES.

NO EMPLOYEE HAS AUTHORITY TO MODIFY SAME. THESE TERMS CANNOT BE ALTERED EXCEPT BY THE AUCTIONEER. ALL BIDS ARE MADE AND RECEIVED UNDER THE TERMS HEREINAFTER SET FORTH TO WHICH TERMS BIDDERS AGREE BY MAKING THEIR BID AT THE SALE.

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