PSiMedica Example
Aucquire is currently helping pSiMedica to equip a new laboratory with equipment ranging from tables and chairs to complex analysis instruments. This equipment is being aquired at substantially less than list price.  For example here is a subset of the purchases made:
 
Item
Cost
List Price
Microplate Scintillation and Luminescence
£12,600
£75,000
Ultra Centrifuge
£1,300
£20,000
HPLC
£16,300
£32,000
12 Swivel Lab Chairs
£375
£2,400
Stainless Steel Lab Benches
£600
£1,355
Total
£31,175
£130,755
 
 
 
Saving
76%
£99,580
 

Costs include delivery but exclude VAT.
Not bad savings! .....What is the twist?
They were bought at auction. So the costs above also include the auctioneers commission and delivery. Aucquire's fees are not shown. They were based on a daily rate for this project but hardly made a dent on the savings.
This client has a budget of £300,000 but needs more equipment than the budget allowed. As a result of this approach they will be able to carry out many more types of test on their products for themselves, saving them more money on the third party testing services they would otherwise need.
Of course there are risks. There are no guarantees with auction purchases but I did see someone buy a £120,000 mass spectrometer, in it's packing case, with the makers guarantee intact, for £32,000 . One of the items above had been out of it's box for two weeks. The manufacturer's service manager came and talked to us (immediately after we had bought it at the auction) about how the servicing of the unit could be maintained.