If there are any bids within 5 minutes of the close of the auction, the close time for that specific item will be extended in 5 minute increments until there are no bids by the end of the following 5 minute block. For example:
If listing 1234 receives a bid at 4:56pm on Friday (4 minutes before the close of the auction), the close time for that particular lot will be extended to 5:05pm. If that lot receives another bid at 5:04pm, the close time is extended to 5:10pm. If there are no more bids between 5:05pm and 5:10pm, the lot will close at 5:10pm.
There is no limit to the number of times an auction can be extended. Therefore, EquipNet, Inc. recommends that you check back often as an auction nears closing time.
International Trade Compliance
Please Be Advised: Some Bidders May Need to Adhere to the Following Requirement:
International Trade Compliance: Important Notice-This auction requires that registered bidders have their registration information reviewed for approval against a set of International Trade Compliance Standards. In the event, in the sole discretion of the seller, that these standards are not satisfactorily met by any registered bidder, then any bids that are submitted by such bidder may be considered invalid with no obligation of sale, should such bid(s) remain the high bid at the conclusion of the auction.
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