U.S. Treasury Live Auction (Dec. 11, 2024, Riverside, CA)

Bid In-Person Dec. 11, at the Amentum Auction Facility, 6711 River Run, Riverside, CA 92507

Register to bid in-person during the auction preview on December 10, or the day of sale.

Online bidding available for those not attending in-person. A $1,000 credit card bid deposit is required at time of registration for online bidding.

Registration to bid online begins Tuesday, December 3, and closes December 11, at 9:00 am PT /12:00 pm ET. Pre-bidding for online bidders begins Monday, December 9, 9:00am PT/12:00pm ET and closes just prior to the start of the live auction. Once the auction goes live at 10:00am PT / 1:00pm ET, internet bidders can participate online against those attending the auction in-person.

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Description

Final Payment: Final payment must be made within 48 hours following the close of the auction. For auction lots that close not meeting the established reserve, but the high bid is approved after the fact, payment is due within 48 hours from notice of the accepted bid. Payment is accepted at the Amentum auction facility from 9am-4pm for live in-person bidders, or online. All items must be paid in full by cash (exact change only), bank wire (no ACH), cashier’s check or credit card ($20,000 maximum credit card payment for online bidders only. Balance must be paid by bank wire or cashier's check), U.S. funds only. Some auction lots might have specific payment terms, which will be noted in the auction lot information for those items. For lots that do not meet reserve, and the bid is approved by the government after the sale, the Buyer will have 48 hours (2 business days) from the time notification is sent to make final payment. The government has 72 hours to approve bids that do not meet the reserve.

Payment Form: Acceptable forms of payment are cash (exact change only), cashier's check or credit card, U.S. funds only. Bank wires may be used for final payment (no ACH). Some auction lots might have specific payment terms, which will be noted in the auction lot information for those items. Make cashier's check payable to US Department of Treasury/Amentum Services, Inc. Personal or business checks, certified checks, ACH transfers, bank letters, debit cards or letters of credit are not accepted. ALL CREDIT CARD RECEIPTS MUST BE SIGNED BY THE ORIGINAL CARDHOLDER. Credit cards issued to a buyer's spouse or other family member will not be accepted for use by the buyer. There is a $20,000 maximum invoice amount for credit card payment for online bidders.

PAYMENT MUST BE MADE BY THE SUCCESSFUL REGISTERED BIDDER.MONIES RECEIVED BY PARTIES OTHER THAN THE SUCCESSFUL REGISTERED BIDDER WILL BE DECLINED. Electronic bank transfers for final payment of purchases must originate from an account of the registered buyer or the business the buyer represents. The transfer must include the registered bidders name and bidder number. Any electronic bank transfers received from an account other than that of the registered bidder will not be accepted and will be returned to the originating bank.

Cash Payments: All cash payments must be in the exact amount.Change is not given.

Bank Wire: Bank wire instructions will be provided at the live auction or included with the emailed invoice. Bank wire transfers (no ACH) must originate from an account of the registered buyer or the business the buyer represents. The transfer must include the registered buyer’s name and reference the lot(s) purchased. Any electronic bank transfers received from an account other than that of the registered bidder will not be accepted and will be returned to the originating bank. Bank wires must be received within the time frame specified for final payment and may take up to 24 hours to process. ACH payments will not be accepted.

Cashier's Check Payment for final payment must be made payable to US Department of Treasury/Amentum Services, Inc. and originate from an account of the registered buyer or the business the buyer represents. Please include the buyer’s name and reference the lot #(s) purchased. Cashier's checks must be mailed with overnight delivery and received within 48 hours of the invoice being sent. Cashier’s checks can be delivered in person at the Amentum sale facility during business hours or delivered w/ overnight delivery.

State Sales Tax: The auction company will not collect any tax for lots in this sale. Buyers are responsible for all applicable taxes imposed by any county, state, country or political subdivision. For information on taxes check with the appropriate state franchise tax board or other authority.

Refunds: Neither AMENTUM nor CWSAMS make refunds, adjustments, or returns. All purchases are final.

Removal/Shipping: Removal must be completed on or before the 10th business day from the sale closing date (for Domestic property/merchandise), the 60th calendar day from the date of sale (for Export Only property/merchandise) and 10 business days from the receipt of the FAA Bill of Sale for aircraft. Removal is by appointment only and must be made by the Buyer with the storage vendor only after Buyer has received the necessary Property Release Document.

Property/merchandise must be paid in full before removal — no partial release of any lots. All property/merchandise in a lot must be released to original buyer, or their approved agent, at one time.

Removal for small items only that have been paid for will begin within one hour following the close of the live auction, for those attending the sale in person. This does not apply to IRS-CI seized property, which required bidder approval prior to release.

IT IS THE SOLE RESPONSIBILITY OF THE BUYER TO REMOVE THE PROPERTY/MERCHANDISE PURCHASED BY THE REMOVAL DATE AND TO ARRANGE FOR ANY SHIPPING. REMOVAL IS AT THE EXPENSE, LIABILITY, AND RISK OF THE BUYER. AT THE TIME THE APPOINTMENT IS MADE, BUYER SHOULD VERIFY WITH THE STORAGE VENDOR ANY COSTS THAT ARE ASSOCIATED WITH REMOVAL FOR SERVICES PROVIDED BY THE VENDOR.

CWS/AMENTUM WILL NOT SHIP ANY ITEMS. Buyers can arrange shipping at their own risk and cost with any shipping company they choose, within the release time frame specified. Some buyers have utilized the following companies to ship property: Shipping companies by auction location.

Buyer must present a photo I.D. at the time of property/merchandise release. Should registered buyer wish to send an agent to pick up property/merchandise, buyer must prepare and sign an authorization letter identifying the agent to act on his/her behalf, as well as provide agent with a copy of Buyer's photo I.D. A release authorization template is located here https://www.cwsamsinc.com/gp/terms/RELEASEAUTHORIZATIONFORM.pdf.

Removal must be completed on or before the times referenced or buyer will default the terms of sale and property/merchandise will be resold by U.S. Department of the Treasury. Property/merchandise must be removed from the storage location stated in each lot description. BUYER AND VENDOR MUST SIGN PROPERTY/MERCHANDISE RELEASE DOCUMENT AND SUBMIT TO COPY TO AMENTUM AS PROOF OF DELIVERY TO BUYER. STORAGE ARRANGEMENTS AFTER REMOVAL DATES ABOVE ARE SOLELY BETWEEN THE BUYER AND VENDOR AND TERMS SHOULD BE DETERMINED PRIOR TO THE FINAL REMOVAL DATE. NO EXTENSIONS FOR PROPERTY/MERCHANDISE RELEASE.

IRS-CI property may only be removed following IRS-CI approval. Approval can take up to 72 hours. See below for IRS-CI property. Lots offered by the IRS-CI are noted in the catalog. For example, “Case #: 2013430590000101-001-0000- IR”. The IRS-CI reviews all bidders for IRS-CI offered lots and approval may take up to three (3) business days. This does not change the requirements for payment. Please call 609.666.2893 or email northeastgenprop@amentum.com before pickup to ensure that the IRS-CI has approved your purchase. This does not change the requirements for payment. Release paperwork will be forwarded to the buyer only after IRS approval.

Default: Failure to make required payments or complete property/merchandise removal within time specified shall be deemed forfeiture of any right, title and interest buyer may have acquired in the property/merchandise. Said property/merchandise shall revert and repossess to the United States Government without further notice to the buyer and will result in any monies paid being forfeited and the transaction shall be null and void as to buyer.
Shipping info
Please Note:
- There is no Buyer’s Premium for this auction. The approved bid price is the sale price of all lots.
- Condition & Description: All known information pertaining to the condition and description of the property has been posted on the website. Bidders may obtain additional information by attending the live previews and visually inspecting the items. Lot numbers are for administrative purposes only and do not describe the property/merchandise. Bidders are responsible to ensure the catalog or announced/online description of any item they intend to purchase matches the property/merchandise inspected. Sale of property/merchandise will not be cancelled due to bidder misunderstanding, failure to pay attention to the bidding, or failure to inspect property/merchandise.
- The buyer understands and agrees; (1) that any description or sample of the property/merchandise given or furnished is derived from records and documents that may be unverified as to accuracy, is solely for identification, and DOES NOT CREATE ANY WARRANTY, expressed or implied, that the property/merchandise actually conforms to such description or sample; (2) all weights, measurements, and descriptions must be considered approximations and do not create any warranty; (3) that the property/merchandise is purchased and accepted by buyer "AS IS," and "WITH ALL FAULTS." CWS, AMENTUM AND THE FEDERAL GOVERNMENT MAKES NO WARRANTIES OR GUARANTEES WHATSOEVER WHETHER WRITTEN, ORAL, OR IMPLIED AS TO AGE, YEAR OF MANUFACTURE, MAKE, MODEL, ODOMETER, QUALITY, QUANTITY, CONDITION, USABILITY, SALABILITY, WEIGHT, MEASUREMENTS, OR OTHER SPECIFICATIONS.
Terms and conditions

General Information: All people participating in this sale are responsible to read, understand, and comply with the terms of sale as specified herein and agree to be bound thereby. Bidder participations in the sale, and the use of the CWS auction site marks your full acceptance of all Terms & Conditions of CWS Marketing Group, Amentum and the U.S. Department of the Treasury. View Terms & Conditions here.