Buyers
Interested in buying through the BASE auction?
Here’s what you’ll need to get started.
Here’s what you’ll need to get started.
Required documents
Buying rules and regulations
The LOC or bond amount should match your company’s projected weekly purchases—minimum $25,000 for fish and $100,000 for scallops. Cash LOCs are accepted for fish purchases only.
Payment terms
Scallop Auction
- Payments: Scallop purchases require next-day payment.
Please review our full buying rules and regulations under the Buyer tab.
Fish Auction
- Payments: Invoices must be paid by Monday at 12 p.m. for the previous week’s purchases. If a buyer exceeds their credit limit at any point during the week, they must pay down their balance before participating in the next day’s auction. No exceptions.
- Totes & Pallets: All totes must be washed and sanitized. Pallets must be exchanged at pickup or will be charged at market price.
- Final Sales: All sales are final. Non-compliance with auction rules may result in revoked purchasing privileges at the discretion of BASE management.