#0 • IMPORTANT INFORMATION – PLEASE READ
Part of Two-Location Metalworking, Woodworking & Shop Equipment No Reserve Online Auction (timed auction by Jack Nitz Auctions)
Starting at $1.00
Status: Available
Bidding closes Nov 30, 2026 1:00 PM CST
CATALOG COMING SOON! AUCTION INFORMATION Bidding Ends: Monday, November 30, 2026 at 1:00 PM Soft Close Format - This auction will feature a fast-paced closing, with 1 lot closing every 20 seconds. We strongly encourage bidders to place max bids to ensure you do not miss out on items as the auction closes quickly. HELPFUL HINTS 'Favorite' Items you are interested in by clicking the star - add notification settings Create a maxbid by clicking the down arrow next the the black 'bid' bar - click max bid - fill in a dollar amount - click the 'place maxbid' box At auction closing - click on 'All' at the top of the page - side bar will expand - click on 'Active' to only show lots closing or 'My items' to show items you have bid on or marked as a favorite 2 PICKUP LOCATIONS FREMONT: Fremont Senior Highschool (South End) 1750 N. Lincoln Ave. Fremont, NE 68025 Loading assistance provided with no fees - some assets may require rigging at buyer's expense All removal will be scheduled Tuesday, Dec. 1, 2026 – 9:00 AM to 4:00 PM Wednesday, Dec. 2, 2026 – 9:00 AM to 4:00 PM COUNCIL BLUFFS: 1004 1st Avenue Council Bluffs, IA 51501 Loading assistance provided at $ 25.00/per lot All removal will be scheduled Tuesday, Dec. 1, 2026 – 9:00 AM to 4:00 PM Wednesday, Dec. 2, 2026 – 9:00 AM to 4:00 PM TERMS: BUYER’S PREMIUM 15% Buyer’s Premium SALES TAX 5.50% sales tax applies to assets located in Nebraska Applied to invoice total, including buyer’s premium No Sales Tax on assets located in Iowa BIDDING APPROVAL Valid credit card required for bidding approval A $25 authorization “ping” will be placed on your card and will drop off within 72 hours PAYMENT METHODS Wire • Cash • Cashier’s Check • Business Check Credit Cards NO personal checks accepted Credit card convenience fee: 3.55% *Credit card payments over $1,000 will only be accepted if the cardholder can physically verify their identity in person with our staff. Online bidders who plan to pay and pick up in person may use a credit card for amounts over $1,000 at that time. If the buyer is not present to verify the credit card in person, payment must be made by Wire Transfer All payments are due by Wednesday, Dec. 2, 2026 at 4:00 PM INVOICES Invoices will be emailed by Monday, November 30, 2026 at 5:00 PM If you do not receive your invoice, call 402-727-8800 Invoices are sent from: invoices@nitzauctions.com REMOVAL & LOAD OUT – SCHEDULE REQUIRED ALL removal is scheduled through Shipping Saint ⚠️ IMPORTANT – YOU MUST SELECT BOTH A DAY AND A TIME Many bidders stop after selecting a day — your pickup is NOT scheduled until a TIME is selected. If you do NOT select both a day AND a time: • You are NOT scheduled • You may be turned away and required to reschedule Arriving outside your scheduled time will result in delays or rescheduling HOW TO SCHEDULE PICKUP (REQUIRED) All winning bidders will receive a text/email with a scheduling link Follow ALL steps below: • Click the link in your text or email • Select your preferred pickup DAY • Select a specific TIME (blue time slot required) • Confirm your selection ✅ You are ONLY scheduled once BOTH day AND time are selected Need help? Call 402-727-8800 REMOVAL LOCATIONS Fremont: Fremont Senior Highschool (South End) 1750 N. Lincoln Ave. Fremont, NE 68025 Council Bluffs: 1004 1st Avenue Council Bluffs, IA 51501 REMOVAL DATES Tuesday, Dec. 1, 2026 – 9:00 AM to 4:00 PM Wednesday, Dec. 2, 2026 – 9:00 AM to 4:00 PM LOADING ASSISTANCE A forklift will be available onsite at both locations - fees are charged at the Iowa location ONLY! Staff will assist with loading ONLY what the forklift can safely lift No hand loading or additional labor will be provided Please bring proper tools and sufficient manpower REMOVAL TERMS All assets must be removed within the specified dates Items not removed will incur a $25/day storage fee per asset Items not removed within 7 days are considered abandoned and become the property of Jack Nitz & Associates NO refunds, credits, or chargebacks will be issued due to failure to remove items SHIPPING All items are local pickup only or buyer-arranged shipping BUYER RESPONSIBILITY Buyer is responsible for all manual loading (if forklifts can't be used), removal, and transportation If hiring a third party, ensure they are properly equipped and capable Online Auction & Live Auction Pre-Bidding Bid Increment Schedule All bids must follow the bidding increments below. The system will only accept the next valid bid amount. Current Bid Amount Bid Increment Example Up to $10 $1 $8 → $9 $10.01 – $30 $2.50 $20 → $22.50 $30.01 - $100 $5 $55 → $60 $100.01 – $200 $10 $150 → $160 $200.01 – $1,000 $25 $850 → $875 $1,000.01 – $2,500 $50 $1,150 → $1,200 $2,500.01 – $5,000 $100 $2,600 → $2,700 $5,000.01 – $20,000 $250 $18,000 → $18,250 $20,000.01 – $50,000 $500 $45,000 → $45,500 $50,000.01 – $200,000 $1,000 $175,000 → $176,000 $200,000.01 – $500,000 $2,500 $450,000 → $452,500 Over $500,000 $5,000 $650,000 → $655,000 During Live Auctions, the Auctioneer reserves the right to adjust bidding increments as necessary Online auctions must follow the programmed bid increments established within the bidding platform GENERAL AUCTION TERMS 1. The information provided in this catalog is deemed correct, but is in no way guaranteed. We will in no way be held responsible if the information provided to us was incorrect to begin with. While descriptions are believed to be correct, the Auctioneers or owners make no warranties or guarantees as to the genuineness, authenticity of or defect of any items & will not be held responsible for advertising discrepancies or inaccuracies. It is our sincerest intention to provide the potential buyer all the information that pertains to the various items. 2. ALL SALES ARE FINAL. All Property is offered in 'AS IS, WHERE IS' condition, unless otherwise specified by the Auctioneer. No Warranties, either expressed or implied, will be offered. 3. Once the Auctioneer says 'SOLD', the equipment becomes the Sole Responsibility of the Purchaser. 4. The Auction Company reserves the right to reject the Bid of any purchaser or revoke any/all bidding numbers from any purchaser, who in the past has presented a problem for collection to either the Auction Company or Seller. 5. Any/all Purchasers will be expected to rely upon his/her personal inspection or investigation of the property being offered at the Auction, or that of an approved party to Buyer, and not upon any representation of warranty or condition by the Seller or the Auction Company. Seller or Auction Company will, in NO WAY, be held responsible for any discrepancies, damage or loss of any property of Buyer once the Auctioneer says SOLD. 6. Any/all prospective Purchasers will be required to register for a bidder's number and present proper identification when registering. 7. ALL payments are due by Wednesday, Dec. 2, 2026 at 4:00 PM. Payments Due for ONLINE Bidders: ALL payments are due within 5 business days of the Auction. Jack Nitz & Associates will only be on site for payments on Auction Day. You will NOT be able to pay on site after Auction Day. You will need to stop by our office at 230 Ridgeland Ave, Fremont, NE to pay by check or cash after Auction Day. If you don't want to stop by our office first, you must pay by wire transfer or call in with a credit card. Jack Nitz & Associates does NOT automatically charge your credit card, you must call with that information or request a secure link to pay. 8. ABSOLUTELY NO Equipment will be removed from the Auction Site until Settled for. Any/all Equipment left at the Auction Site after the Auction will be the SOLE Responsibility of the Purchaser. 9. All Arrangements for Removal of the Equipment MUST be made through the Auction Company or Seller. 10. Any/all announcements made from the Block on Auction Day will take absolute precedence over any matter of print or any matter of previously printed advertising. 11. Neither the Sellers or the Auction Company will assume any liability or responsibility for transfer costs or damages to the equipment resulting in a loss to the Purchaser, either due to negligence or natural accidental occurrence circumstances. Furthermore, Purchaser will hold harmless both the Sellers and the Auction Company, and their heirs and assigns, from any litigation and/or loss due to any lawsuit brought by Purchaser for any loss that he/she may endure. 12. By making a bid, regardless of how such bid is made, Bidder acknowledges that Bidder has received, read, understands, and agrees to comply with and be bound by the Terms. 13. Jack Nitz & Associates shall not be liable or responsible for any interruptions, termination or corruption of any audio feed, video feed or of any other internet registration, bidding or other online related service that occurs before, during or in connection with the auction sale, regardless of the cause of fault attributable to the interruption, termination or corruption of such services. 14. TIE BIDS: In the event of a tie bid, defined as two or more bidders placing the same bid amount at the same time, the following shall apply: Live / In-Person Auctions: Resolution of tie bids shall be at the sole discretion of the Auctioneer, whose decision shall be final. Online-Only Auctions: The bidding software records bids to fractions of a second. In the event of a tie, the bid first received by the system shall be recognized as the winning bid. Live Simulcast Auctions: In the event that an online bid and a live in-person bid are placed at the same amount simultaneously, the winning bid shall be whichever bid the Auctioneer recognizes first, at the Auctioneer’s sole discretion. This may be an online bid or a live bid. If the Auctioneer declares an item “SOLD” and subsequently determines that the final bid was placed simultaneously by more than one bidder (including both live and online bidders), the Auctioneer reserves the absolute right to reopen bidding in order to properly resolve the tie. In such cases, an online bidder may receive a “SOLD” notification during a live simulcast auction, and bidding may be reopened. The Auctioneer’s decision shall be final and binding. 15. ONLINE & SIMULCAST BIDDING ERRORS: Bidders acknowledge that auctions utilizing online bidding platforms and/or live simulcast bidding are conducted in real time and operated by human personnel. While every effort is made to ensure accuracy, errors may occur, including but not limited to incorrect button selection, missed bids, delayed bids, software delay, or internet-related issues. Neither the Sellers nor the Auction Company shall be held liable for such errors or omissions. By bidding online or through simulcast bidding, the Bidder assumes all risks associated with online bidding participation. The Auctioneer and Auction Company reserve the right to resolve any bidding disputes, correct errors, reopen bidding, or re-offer an item if deemed necessary to maintain fairness and auction integrity. 16. A Credit Card is required for bidding approval and will be used as a verification tool. Credit cards may be accepted as a form of payment on a LIMITED basis - 3.55% administration fee applies