Terms and Conditions of Sale of Excess Property

From time to time, UB will make Excess Property available for sale. Some low value items may be marked with a fixed price, and offered for sale on a first come, first served basis. Some property will be sold through the Invitation for Excess Property Disposal Bids process. A description of the process, and the terms and conditions of an Invitation for Excess Property Disposal Bids will be included in the Invitation For Excess Property Disposal Bids document.

Excess property is offered for sale AS IS, WHERE IS. THE UNIVERSITY MAKES NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR OF THE CONDITION OF THE ITEMS. The successful bidder will be responsible for the cost of packing, loading and removal (F.O.B. origin) all items. The University reserves the right to remove any item from the list of items available for sale, or refuse to sell any item, at any time, at its sole discretion.

The description of the items is general; prospective bidders may inspect the items before making a bid. Please contact Lisa Edwards at (410) 837-5242 or ledwards@ubalt.edu to arrange a time to inspect the items. No claim will be considered for allowance, adjustment, or recession based upon failure of the property to meet expectations.

Invitation for Excess Property Disposal Bids process:

Each offeror must complete the disposal bid form and return it on or before the due date and time listed on the form. All bids must be received by the listed date and time. Late bids will not be accepted. You will be notified if your bid is successful. All stipulations indicated within the Invitation For Bids will be strictly enforced, and the award decision made by UB will be final.

The Invitation for Excess Property Disposal Bids process is not an offer, but a solicitation only. The University reserves the right to set a minimum acceptable bid price for each item. If the sale is approved on the basis of the bid you will be advised that the sale may be consummated. Payment in full will be required prior to the release of the property. When submitting a bid, you must specify the method you will use to remove the property. Once approved, the property must be removed from the University’s premises within 14 calendar days. All manpower, material handling equipment and securing devices will be furnished by the purchaser. Property not removed within the specified period will be levied a fifty dollar ($50.00) per day storage fee, and/or the sale may be declared null and void at the option of the University.

The property will be awarded to the responsive bidder that offers the highest bid. If multiple lots are offered, the University reserves the right to award lot by lot, or based on the highest total bid for all lots. The University of Baltimore reserves the right to reject any or all bids.