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• Auction Information


Auction Information

SILENT AUCTION RULES:

  1. Unless otherwise stated, General Rules apply to the Silent Auction.

  2. There will be a bid sheet next to every item in the silent auction. Each person wishing to bid does so by writing his/her name, bid number and amount of his/her bid on the bid sheet. Each new bid must be written on the next blank line available on the bid sheet.

  3. Silent auction bids will be disqualified if they do not meet the MINIMUM BID.

  4. ANYONE BLOCKING ANY BIDDER AREA 15 MINUTES PRIOR TO THE CLOSING OF THAT AREA WILL HAVE THEIR BID DISQUALIFIED.

  5. Only an authorized committee member may nullify a bid.

  6. The silent auction areas will be open for bidding at 7:00 p.m. and will close at 8:15 p.m. An announcement will be made prior to the closing of the Silent Auction to enable everyone the opportunity to place final bids.

  7. No bidding may occur after the announcement that the area has been closed.

  8. The closing bid circled by an auction official constitutes the winning bid. In the event of a dispute, the auction official will be the final authority.

AUCTION PROTOCOL:

General Rules:

  1. ALL SALES ARE FINAL. Items may not be returned to the donor for cash, credit or exchange, unless specified on the item.

  2. THE AUCTION COMMITTEE shall act as the Final Authority and determine the winning bid.

  3. Payment by the successful bidder must be made in full the night of the auction at the Check-Out Table. Payment should be made to Ride for the Children. Payment may be made by cash, check, MasterCard, Visa or American Express. You must present your paid receipt in order to claim your items.

  4. All absentee bidders must authorize an agent to place their bids and make payment on any successful bids the night of the auction.

  5. ALL ITEMS MUST BE REMOVED THE NIGHT OF THE AUCTION.

  6. Winning bidders must contact donors of trips, tours and services within 30 days to make any necessary arrangements.

  7. A successful bidder should consult with his/her tax advisor with respect to the deductibility of a charitable gift for the amount of the bid in excess of the fair market value of the item received.