Plant & Machinery Auctioneers

Tender Sales

Tender sales are very similar to auction sales save for one fundamental difference; the bidder enters his best and final offer for the lot on the tender form provided (whereupon the bidder is bound to pay the price of that offer if it is accepted and to complete the purchase in accordance with the Conditions of Sale), but the bidder will not know whether or not his bid is accepted until notified in writing by Marriott & Co.