Get the free Proxy Bid Form

This form is for placing proxy bids for a live auction held by the Giants Community Fund, allowing participants to bid on unique experiences and autographed memorabilia even if they cannot attend

How to fill out proxy bid form

How to fill out Proxy Bid Form

1. Obtain the Proxy Bid Form from the appropriate source.
2. Fill in your name and contact information at the top of the form.
3. Specify the auction item or property for which the proxy bid is being submitted.
4. Indicate the maximum bid amount you are willing to place.
5. Provide the name and contact information of your proxy, if applicable.
6. Sign and date the form to confirm your authorization.
7. Submit the completed form by the deadline specified.

Who needs Proxy Bid Form?

1. Anyone unable to attend an auction in person but still wants to place bids.
2. Potential bidders who want to ensure their bidding is represented during the auction.
3. Individuals looking to delegate their bidding authority to a trusted person.

People Also Ask about

What is the difference between a bid and a proxy bid?

Proxy Bidding Auctions are similar to English style Auctions, but bidders only log in once, and then a proxy system will continue bidding for them as needed: Bidders submit their first bid manually and set a maximum bid limit (other bidders can't see this limit). A proxy then monitors the Auction on their behalf.

What is a proxy bid example?

For example: You enter a max bid of $1,000. The current bid is $500, with a $25 increment. Your proxy bid raises the price to $525.

What is the English bid process?

Typically, an English auction begins with an inspection period for potential bidders, followed by the auctioneer introducing items for sale and setting a starting bid. As the auction progresses, bidders can place higher bids, with the auctioneer facilitating the process until only one bidder remains.

What is an example of proxy bidding?

For example: If a lien face amount is $500.00 and Bidder A enters a premium amount of $20 and Bidder B enters a premium amount of $40, then at the closing of that batch the lien will be awarded to Bidder B and the total amount due will be $521.00 (Face amount of $500 plus $21 of premium).

What is my proxy bid?

Proxy Bidding is a feature where the computer bids in your absence. You enter the maximum price you're willing to pay, and the computer does the rest.

How to write a bid form?

Here are the key elements every bid proposal should include: Client's name and contact information. Your business name and contact information. A detailed project description. Services or products provided. Pricing estimate. Terms and conditions. Estimated timeline.

How do you place a proxy bid?

To place a proxy bid, bid the highest amount you'd like. The proxy will only outbid the current highest bid by the lowest bid increment possible. If that bid is then increased, your proxy bid will continue to try to outbid the other bidders until your limit is reached.

For pdfFiller’s FAQs

What is Proxy Bid Form?

A Proxy Bid Form is a document used by bidders to authorize a representative to place bids on their behalf during an auction or similar event.

Who is required to file Proxy Bid Form?

Individuals or entities who wish to participate in an auction but cannot attend in person are typically required to file a Proxy Bid Form.

How to fill out Proxy Bid Form?

To fill out a Proxy Bid Form, provide your contact information, specify the items or services you intend to bid on, designate a proxy to act on your behalf, and indicate your maximum bid amount.

What is the purpose of Proxy Bid Form?

The purpose of the Proxy Bid Form is to allow bidders who are unable to attend an auction to ensure their bids are submitted, thereby increasing participation and competition.

What information must be reported on Proxy Bid Form?

The Proxy Bid Form must typically report the bidder's name, contact information, the name of the designated proxy, item details for bidding, and the maximum bid amount.