Fundraising Auctions Ltd Silent Auction Service – Terms & Conditions
- In order to bid in the auction, bidder must be aged 18 or over.
- Each item in the silent auction is defined as a “Lot”. Bidders may bid for more than one Lot but may make only one bid for each individual Lot.
- In order for a bid to stand the bidder must fill out the ‘my details’ form on the back of silent auction brochure, including full name, contact telephone number and postal address. By completing this you agree that your bid is a legally binding agreement and is non-negotiable.
- As the agreement is made on the premises, a cooling off period does not apply. This means that you will not have any right to cancel the contract once you have completed the brochure and made payment for the item(s).
- You acknowledge that once the Event Manager running the silent auction has confirmed you are the highest bidder, you will be expected to pay for the item(s) on the night.
- Bids must be above the reserve listed for the Lot being bid for; be in pounds sterling; and be received by the Event Manager before the scheduled end of the Silent Auction. The Event Manager will notify the highest bidder at the event after the advertised closing time.
- Late, incomplete, defaced or corrupt bids, and bids below the reserve price will not be accepted.
- Fundraising Auctions Ltd reserves the right to refuse or remove any bid in its absolute discretion.
- The successful bid for any one Lot being bid for will be the highest bid received by the scheduled end of the Silent Auction. In the event that two or more bids equal the highest bid, the Lot shall be awarded to the bid received first. There may be more than one item available of particular lots, such lots will be sold to the highest bidders.
- Unless otherwise agreed by Fundraising Auctions Ltd, Items will not be released to you until payment has been received and cleared funds have been received.
- In the event of the Representative being unable to contact a winning bidder within seven days of the closing of the auction, or of the payment not being received within 21 days of a winning bidder being notified, Fundraising Auctions reserves the right to award the Lot to the next highest bidder.
- If, for any reason, the Event Manager is unable to award a lot, the Promoter reserves the right to withdraw the lot from the auction.
- The Promoter makes no representations or warranties of any kind, express or implied, about the Lot and in no event will the Promoter be liable for any loss or damage including, without limitation, indirect or consequential loss or damage, or any loss or damages whatsoever arising from entrance to the silent auction or use of the Lot.
- An item exchange may be available at the discretion of Fundraising Auctions Ltd up to 28 days after the event. If the substituted experience in respect of which the voucher is being exchanged costs more than the original voucher you must pay a top up amount to meet the reserve price of the Lot being exchanged for.
- In the event of a supplier not being able to provide the experience a bidder has won at an auction through no fault of Fundraising Auctions the bidder will be allowed to transfer to another experience available at their event. They will be able to choose anything up to the reserve price of the experience they originally won and will not endure any fees. The bidder will receive a fresh 12-month validity on the new experience where applicable.
- Where there is no alternative but to refund you as a result of a cancellation which is outside our control, and which cannot be re-arranged, we will provide you with a recoverable cost refund. Any refund will exclude the amount in excess of the reserve price of the experience and it will also exclude any unrecoverable costs incurred by Fundraising Auctions Ltd.