These are the specific rules of engagement for the closed-bid process.
The winning bidder will be required to sign a Bill of Sale with Ironhub prior to removal of the structures.
Auction Rules:
Closed-Bid Format: All offers must be submitted privately via the IronHub platform by [Insert Deadline Date]. Bids will not be made public.
Bulk Bids Encouraged: Buyers may bid on individual structures or submit a bulk bid for multiple units (up to all 11 structures). The seller reserves the right to prioritize bulk bids that simplify site clearance logistics.
Seller Disconnect: The seller will disconnect the structure from the foundation and cap all utilities prior to the move date.
Removal Deadline: The successful bidder must have the structure(s) completely removed from the site no later than August 30, 2026 (Removal Deadline Date). Failure to meet this deadline may result in penalties or forfeiture of the asset.
Approval of Mover: The seller reserves the right to review and approve the buyer's chosen structural moving company before finalizing the sale, to ensure compliance with safety and insurance requirements.