UNLV registered (tagged) Capitalized Moveable Equipment Assets that are received by UNLV Surplus from UNLV departments (“Contributing Department”) will be available internally to UNLV departments for a 30 day exclusive period prior to being available for purchase by the general public.
Prices will be set at fair market value by Surplus.
Departments interested in making a purchase (“Acquiring Department”) shall submit their bid offer via email to the UNLV Surplus Center via email (email@example.com).
Acquiring Departments may “bid” higher or lower than the posted price.
At the close of the 30 day initial period:
If there are multiple bids equal to or greater than the posted price, the Contributing Department may confer with bidders to determine the final price and select the bid winner.
Contributing Department will inform Surplus for administration of the transaction.
A Contributing Department may (in their sole discretion) choose to accept or reject bids below posted price.
Surplus will charge a 15% administration fee for all transactions.
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