Elements and Performance Criteria
- Open auction.
- Read out terms and conditions of sale by auction according to legislative requirements.
- Identify livestock and vendor for each sales lot.
- Describe livestock, consistent with description available to public.
- Respond to questions from potential bidders and other parties.
- Submit livestock for sale by auction and call for opening bids.
- Complete auction.
- Signify close of auction for each lot using appropriate methods.
- Knock down livestock lot to successful bidder once reserve price has been met and all other bids exhausted.
- Record sale details to maintain sales register and National Livestock Identification System (NLIS) details.
- Pass in livestock lot when reserve price is not met and all bids exhausted.
- Deliver records of auction transactions to agency to support timely preparation of financial records and completion of livestock sale.
- Obtain feedback on conduct and outcome of auction.
- Confirm auction terms, conditions and presentation.
- Confirm suitability and operation of auction equipment.
- Confirm availability and suitability of auction documentation, including instructions, authorities, contracts, reserve price and vendor bids.
- Confirm number of registered bidders, online bidding and bidding by authority.
- Confirm staff are available to facilitate the conduct of the auction.
- Identify livestock and vendor for each sales lot.
- Describe livestock, consistent with description available to public.
- Respond to questions from potential bidders and other parties.
- Submit livestock for sale by auction and call for opening bids.
- Manage auction to maintain flow.
- Manage bidding process, according to legislative requirements.
- Exercise trial close strategy for each lot.
- Knock down livestock lot to successful bidder once reserve price has been met and all other bids exhausted.
- Record sale details to maintain sales register and National Livestock Identification System (NLIS) details.
- Pass in livestock lot when reserve price is not met and all bids exhausted.
- Deliver records of auction transactions to agency to support timely preparation of financial records and completion of livestock sale.
- Obtain feedback on conduct and outcome of auction.