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Evidence Guide: CPPREP4508 - Conduct livestock auction

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

CPPREP4508 - Conduct livestock auction

What evidence can you provide to prove your understanding of each of the following citeria?

Open auction.

  1. Read out terms and conditions of sale by auction according to legislative requirements.
  2. Identify livestock and vendor for each sales lot.
  3. Describe livestock, consistent with description available to public.
  4. Respond to questions from potential bidders and other parties.
  5. Submit livestock for sale by auction and call for opening bids.
Read out terms and conditions of sale by auction according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify livestock and vendor for each sales lot.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Describe livestock, consistent with description available to public.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Respond to questions from potential bidders and other parties.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Submit livestock for sale by auction and call for opening bids.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete auction.

  1. Signify close of auction for each lot using appropriate methods.
  2. Knock down livestock lot to successful bidder once reserve price has been met and all other bids exhausted.
  3. Record sale details to maintain sales register and National Livestock Identification System (NLIS) details.
  4. Pass in livestock lot when reserve price is not met and all bids exhausted.
  5. Deliver records of auction transactions to agency to support timely preparation of financial records and completion of livestock sale.
  6. Obtain feedback on conduct and outcome of auction.
Signify close of auction for each lot using appropriate methods.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Knock down livestock lot to successful bidder once reserve price has been met and all other bids exhausted.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Record sale details to maintain sales register and National Livestock Identification System (NLIS) details.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Pass in livestock lot when reserve price is not met and all bids exhausted.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Deliver records of auction transactions to agency to support timely preparation of financial records and completion of livestock sale.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Obtain feedback on conduct and outcome of auction.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm auction terms, conditions and presentation.

  1. Confirm suitability of auction site and display of required auction advice and documentation according to legislative requirements.
Confirm suitability of auction site and display of required auction advice and documentation according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm suitability and operation of auction equipment.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm availability and suitability of auction documentation, including instructions, authorities, contracts, reserve price and vendor bids.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm number of registered bidders, online bidding and bidding by authority.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm staff are available to facilitate the conduct of the auction.

  1. Read out terms and conditions of sale by auction according to legislative requirements.
Read out terms and conditions of sale by auction according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify livestock and vendor for each sales lot.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Describe livestock, consistent with description available to public.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Respond to questions from potential bidders and other parties.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Submit livestock for sale by auction and call for opening bids.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage auction to maintain flow.

  1. Monitor bids and maintain auction process to achieve reserve or best price for each lot, including bidding increments and maintaining bidding momentum.
Monitor bids and maintain auction process to achieve reserve or best price for each lot, including bidding increments and maintaining bidding momentum.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Manage bidding process, according to legislative requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Exercise trial close strategy for each lot.

  1. Signify close of auction for each lot using appropriate methods.
Signify close of auction for each lot using appropriate methods.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Knock down livestock lot to successful bidder once reserve price has been met and all other bids exhausted.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Record sale details to maintain sales register and National Livestock Identification System (NLIS) details.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Pass in livestock lot when reserve price is not met and all bids exhausted.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Deliver records of auction transactions to agency to support timely preparation of financial records and completion of livestock sale.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Obtain feedback on conduct and outcome of auction.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge