Jteew41a182023737 on 2040-cars

The Long Island Power Authority is selling the vehicle described in this listing “as is”. Interested parties that would like to inspect the vehicle prior to bidding should contact William Funk, Manager of Procurement at wfunk@lipower.org or at 516-719-9235 to set up an appointment.

Vehicle inspection appointments will be considered Monday thru Friday between the hours of 9:00am and 5:00pm.

In bidding, bidders agree to the following terms and conditions listed below in the Bill of Sale and Agreement for Vehicle listed below. In order to complete the transaction bidder must fully execute the Bill of Sale and Agreement for Vehicle listed below.

Bill of Sale and Agreement for Vehicle

            This bill of sale and agreement dated as of ________, 2014 by and between ___________ a corporation/ buyer with a residence/principal place of business at ______________ (the “Buyer”) and The Long Island Lighting Company d/b/a/ LIPA (“LIPA”) a corporation organized and existing under the laws of the State of New York, with a principal place of business at 333 Earl Ovington Boulevard, Uniondale, New York 11553, for the sale and removal of a  (vehicle)  (the “vehicle”) at a lot located at LIPA principal place of business (the “Site”);

             1.         In accordance with Buyer’s bid document (EBay bid) attached hereto as Exhibit A, and for and in consideration of the payment of _____________ ($_______) dollars, payable to the Long Island Lighting Company d/b/a/ LIPA  in the form of certified check or cashier's check received prior to loading, transporting, and removing of property from the Site by Buyer, LIPA agrees to sell to Buyer and assigns all right(s), title(s), and interest(s) in and to the following described property:

 -           Vehicle

            Vehicle Identification Number:

Bid End Date:

             2.         Payment shall be made ten (10) business days from the date shown above.  All property sold hereunder shall be removed after it is registered with NYS DMV or buyer presents evidence that it is an auto dealer from the Site fifteen (15) business days from the date shown above.  In the event property is not so removed, LIPA reserves the right to resell the property at its convenience, by any method of sale it chooses, and without prior notice to Buyer.  In the event of a resale, Buyer will be responsible to pay LIPA for any costs or damages occasioned LIPA due to Buyer's failure to perform.  LIPA will refund only that portion of Buyer's payment that is equaled by resale payment less any associated resale cost and/or cost incurred by LIPA due to Buyer not performing by performance date.

             3.         All property is sold F.O.B. LIPA’s Site. The Buyer is responsible for all costs and arrangements associated with dismantling (including labor and material), loading, transporting, and removing from the F.O.B. point the personal property described in paragraph 1 hereof.  Buyer assumes sole responsibility for safety in securing the load(s).

             4.         Buyer shall comply with all federal, state, local, and OSHA regulations.  While on LIPA's site, Buyer shall comply with all rules of LIPA which may be imposed from time to time.

             5.         LIPA sells all of the property described in paragraph 1 hereof as is -- where is and makes no guarantee, warranty, or representation, express or implied, as to quantity, kind, character, quality, condition, weight, size, or description of any property, its merchantability, its fitness for any use or purpose, or otherwise.  Buyer agrees that full opportunity was given to make inspection of property described in paragraph 1 hereof.  Failure to inspect will not constitute grounds for any claims against LIPA.

            6.         The purchase price set forth in paragraph 1 hereof is exclusive of, and Buyer shall be responsible for, all taxes, levies, assessments, and the like arising out of, or in any way connected with, the sale, dismantling, loading, transportation, removal, possession, or use of the property sold hereunder.        

            7.         LIPA shall be excused for any delay in performance due to acts of God, war, riots, acts of civil or military authorities, fires, floods, accidents, strikes, differences with workers, delays in transportation, shortage of fuel, labor, or material, or any other circumstances or causes beyond the control of LIPA in reasonable conduct of business.

             8.         Buyer agrees to hold harmless LIPA for its failure to inspect, repair, recondition, or otherwise make the item(s) safe.  To the fullest extent not prohibited by law, the Buyer shall indemnify and hold harmless and LIPA, their directors, officers, agents, and employees from and against all claims, damages, losses, and expenses (including, but not limited to, attorneys' fees) arising by reason of any act or failure to act, negligent or otherwise, of Buyer, of anyone directly or indirectly employed by Buyer, or of anyone for whose acts the Buyer may be liable, in connection with the purchase, including the dismantling, loading, removal, and transporting of item(s).

             9.         There are no understandings between the parties hereto as to the subject matter of this agreement other than as set forth herein.  All previous communications about the subject matter of this agreement, either oral or written, are hereby abrogated and withdrawn, and this agreement constitutes the entire agreement between the parties.  No terms, conditions, understanding, or agreements purporting to modify or vary the terms of this document shall be binding unless hereafter made in writing and signed by both parties hereto.

              10.       Buyer accepts all terms and conditions of LIPA contained herein or referred to herein by the act of buying.

            IN WITNESS WHEREOF, the undersigned have executed this bill of sale and agreement as of the agreement date first above written.

Buyer/ Address:

Signature:         __________________________________________________

Title:                __________________________________________________

Date:                __________________________________________________

Company         LONG ISLAND LIGHTING COMPANY

d/b/a LIPA By

Address           333 Earl Ovington Boulevard, Uniondale, New York 11553

Signature:         __________________________________________________

Title:                __________________________________________________

Date:                __________________________________________________