Auction Agreement for Taza Dorada
Bidder Agreement
Acceptance of Terms By accessing the Site, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you are prohibited from using the Site and must discontinue use immediately.
Auction Opening Date and Times The Auction will open for bidding on the 11th of December and at the following times:
6 am Los Angeles
9 am New York
2 pm London
3 pm Amsterdam
5 pm Moscow
6 pm Dubai
10 pm Hong Kong
11 pm Tokyo/Seoul
1 am (December 12th) Melbourne/Sydney
Access and Bidding The Auction Transaction process is as follows:
Each potential Buyer signs in to the Auction Platform.
The potential Buyer requests access to the Auction and accepts the specific Auction Transaction rules.
Seller approval grants access to selected potential Buyers.
Successful Buyers receive payment instructions via email at the Auction Transaction conclusion.
Auction Format All lots will undergo an initial bidding period of 1 hour(s). Following this, a 3-minute countdown clock initiates. Bidding continues on all lots, resetting the clock to 3 minutes after each bid. The auction concludes when no bids are received on any coffee within the countdown period.
Auction Pricing Lot pricing is denominated in USD dollars and cents per pound. Each lot opens with a minimum price of US$30,00 to US$15,00 per pound, with a minimum bidding increment of US$0.25 per pound.
Bids and Auto Bids Bidders can place bids manually or opt for an auto-bid, specifying a budget and minimum increment. The Auction Platform will automatically bid on behalf of the bidder by incrementing the current highest bid. Once accepted, auto-bids are binding; however, bidders can adjust or cancel auto-bid settings at any time.
Communication After Auction Winning bidders will receive an automated email connecting them with the exporting party. Contact details are provided below:
Contact:
PABLO PINARGOTE
PHONE NUMBER : +593 996397322
MAIL: ppinargote@hotmail.es - anecafe@aiisat.net
Financial Responsibility The highest bidder at auction close is responsible for full payment to the exporter for the entire lot. Once accepted, bids cannot be revoked. If the producer or country partner declines a payment or shipping request, the winning bidder remains liable for full payment.
Shipping and Payment Terms All sales are conducted under Free on Board (FOB) terms from the origin port. Buyers assume responsibility for shipping costs beyond this point. Payment is due upon receipt of the producer's invoice.
Shipping Requirements Shipping instructions should be directed to:
Contact:
KEVIN PINARGOTE GRAIN
PHONE NUMBER : +593 989949908
MAIL: kevin_pinargote10@hotmail.com - anecafe@aiisat.net