Fish Rules & Guidelines
Here, you can find all information you will need for participation in the auction.
General Information
HOURS
The fish auction begins promptly each day Monday through Friday at 6:00 am.
BUYER FEES & ELIGIBILITY
Compliance with the financial criteria that is determined necessary by the exchange’s management on an individual basis will be strictly adhered to and is required of any potential dealer that wishes to purchase product at the exchange. We reserve the right to alter the amount of the letter of credit or bond requirements to accommodate any purchasing pattern of an exchange member.
In addition, we also reserve the right to revoke or dismiss any member of the exchange for non-compliance of the aforementioned financial criteria.
FISH HANDLING FEES
Handling fees for fish sold through the auction vary by species and are assessed to both the buyer and seller according to the current auction fee schedule.
ALL FISH
Will be displayed in a maximum of 15 totes per lot.
SELLER HAILS
All sellers are advised to contact BASE five hours in advance with hails and an ETA to schedule unloading. Unloading hours will be at 6:00 am on Sundays and 10:00 am through 4:00 am each auction morning.
The Buyers and Sellers Exchange (BASE) can be contacted by calling 508-990-0799 24 hours a day or by emailing us at info@baseseafood.com.
PRODUCT DISPLAY
The auction will display all fresh fish by lot number, species and seller. All seafood will be displayed between the hours of 4:00 am and 6:00 am prior to sale.
INSPECTION
We provide our buyers with an “open door” policy, which allows them the ability to view the unloading of the vessels for visual inspection.
TRUCK DELIVERIES
All truck deliveries will be re-culled, re-weighed and re-iced to insure correct culls. No product will be displayed in cardboard boxes or improper containers.
VENDOR PRODUCTS
Vendors have the ability to bring product to the auction via truck between the hours of 12:00 pm through 4:00 am the following morning, Sunday through Friday.
The product itself must be posted under the vessel name and paid for in that same vessel’s name when it is physically unloaded at our unloading facility.
Any third parties that desire to consign product through the auction will be posted and paid for using their company names. No misrepresentations will be made at ANY time.
PRODUCT AUCTION
Vendors have the ability to bring product to the auction via truck between the hours of 12:00 pm through 4:00 am the following morning, Sunday through Friday.
The product itself must be posted under the vessel name and paid for in that same vessel’s name when it is physically unloaded at our unloading facility.
Any third parties that desire to consign product through the auction will be posted and paid for using their company names. No misrepresentations will be made at ANY time.
SETTLEMENTS
All settlement checks will be available on the same day after 1:00 pm.
SOLD PRODUCT
All fish product that has been sold at the exchange must be picked up before 1:00 pm on the same date of purchase.
PAYMENTS
Payment is due on Monday before 12:00 pm for invoices from the previous week. If the buyer exceeds their credit limit before the week is over, they must pay down their payables in order to make purchases on the next day’s auction.
There will be NO exceptions.
FISH TOTES & PALLETS
All totes must be washed and sanitized. Pallets must be exchanged at the time of pick-up or they will be charged to the buyer at market price.
ALL SALES ARE FINAL
Any non-compliance to the exchange rules and policies will result in the revocation of purchasing privileges and immediate dismissal should the exchange management deem to exercise that right.