The 2006 NABS Ad Auction runs from February 21 to April 13, 2006

NEW THIS YEAR - 'PREMIUM BIDDING' - a BUY NOW option! Bidders wanting to purchase the inventory immediately can place a premium bid price, prior to the April 13, 2006 deadline. Check the 'PREMIUM BID PRICE' in each category and email Christina Fairhurst at NABS (christinaf@nabs.org) with your Premium Bid information. The first Premium Bid received and confirmed will secure the package. Please note: this means, if you have bid on something, and another company chooses the 'Premium Bid' option, your bid will be cancelled.

PREMIUM RATES: Television - 65%, Radio - 65%, Newspapers - 55%, Magazines - 65%, Interactive and other services - 55%, Out of Home and Outdoor - 55%, Digital Signage - 55%

HOW CAN I VIEW AND BID ON INVENTORY?

• Browse the listings by media segment or region
• Click on item for more details
• If you are interested in bidding on the item, enter your minimum bid (at least 50% of value), your password will be requested for confirmation
• You will be given an option to enter a maximum bid
• NEW! – PREMIUM BIDDING – BIDDERS WANTING TO PURCHASE THE INVENTORY IMMEDIATELY – CAN PLACE A PREMIUM BID PRICE, PRIOR TO THE APRIL 13, 2006 DEADLINE. SEE THE ‘PREMIUM BID PRICE’ IN EACH CATEGORY – AND THEN EMAIL CHRISTINA FAIRHURST AT NABS – christinaf@nabs.org. THE FIRST BID RECEIVED AND CONFIRMED WILL SECURE THE PACKAGE
• An email verifying your bid will be sent to your registered email address within 24 hours
• If you are outbid, you will be notified by email within 24 hours, and you may log in and update your bid accordingly

ONCE THE AUCTION IS FINISHED

If your bidding IS successful:

• The highest bid at 8:59 pm EST on April 13th, 2005 is the final and winning bid
• In the event that your bid is successful, the submission of a bid constitutes a binding agreement to pay the amount stated to NABS within 30 days of the use of the item, or 30 days after the item expires (whichever comes first).
• All Ad Auction purchases must be used by the dates given in the conditions.
• Bidders may be required to submit a credit history before approval of bids at the discretion of NABS.
• All successful bidders will be notified in writing by NABS within 30 days of the Auction closing.
• Successful bidders will book the time/space directly with the donation company, and all payments will be paid to NABS.
• All donors whose inventory has been purchased will also receive written confirmation of the winning bidder within 30 days of the Auction closing.

If your bidding is NOT successful:

• All bidders who were not the highest – will be notified by email within 30 days of the Auction closing.