Auction Calendar

GilDrill Technologies, LLC Sealed Bid Sale
Friday, April 8th 11:00am

Terms & Conditions

A buyer’s premium of 15% will be charged to the successful bidder(s) as indicated in the sealed bid form.

Complete terms and conditions will be supplied with OFFICIAL BID FORM WHICH BIDDERS MUST USE IN SUBMITTING THEIR BIDS.

In general, Plant & Machinery, Inc. (PMI) is acting as agent for the seller, and while information supplied has been obtained from sources deemed reliable, neither PMI or the seller shall be liable for any errors or for the correctness of the descriptions. The contents of this brochure, together with any similar information supplied to the potential buyers either verbally or in writing by the employees or agents of PMI or the sellers, are to be considered as a guide only and in every instance subject to confirmation by bidders based upon their own inspection of the property.

THE OFFICIAL BID FORM MUST BE USED in submitting bids, and bidders should notice that the bids are to be submitted to Plant & Machinery, Inc., 1304 Langham Creek Drive, Suite 454, Houston, TX, 77084, until 5:00 PM, April 7, 2016. After that, they may be hand carried by the bidder to the bid opening site and be in the hands of a PMI representative prior to the 11:00 AM bid opening time..

A bidder’s deposit at a level set by the seller will be required in the official bid form.

Each bid with a deposit will be considered an irrevocable offer and may not be withdrawn.

Seller reserves the right to accept or reject any or all bids and to wave informalities. Bidders whose bids have been approved will be required to pay the balance due in full within the time specified in the official bid packet after notification of acceptance of bid(s). Deposits on all rejected bids will be returned within (5) business days.

All items are being sold AS IS, WITH ALL FAULTS, WITH REMOVAL AT THE RISK AND EXPENSE OF THE BUYER.

Please contact PMI to arrange for inspections prior to the official inspection date announce. Although it is unlikely, sealed bid sales are subject to cancellation and postponement and individual items are subject to the withdrawal. In turn, please check with PMI prior to attendance or finalizing bids.
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PLANT & MACHINERY INC.
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P.O. Box 19100
Houston, TX   77224-9100
Phone (713) 691-4401 • Fax (713) 672-7905 • pmi@pmi-auction.com