Purchasing from Terrapin Trader
Terrapin Trader Showroom
All items displayed on the showroom floor are available through the weekly priority sale system (UMD departments have first preference) or through competitive bids. Showroom items are purchased by removing the bottom portion of the perforated identification/price tag and presenting it to the cashier at the time of purchase.
Items purchased in the showroom Items must be paid in full at the time of purchase. Acceptable forms of payment include credit card (American Express, Visa, Master Card, and Discover Card) or check made payable to the University of Maryland. The Terrapin Trader does not accept cash. Items purchased from the showroom must be removed at the time of purchase.
GovDeals
Terrapin Trader also posts items on the GovDeals website for auction. Auctions include vehicles, machinery, lab equipment, and various other items. All auctions are open to the public and registration is free. To view Terrapin Trader current auctions or register as a bidder, visit the GovDeals website.
Purchasers must make full payment and pick up bid items within five business days of purchase. Default on an award of a bid may result in the exclusion of the bidder from any future bidding at the Terrapin Trader. Bidding privileges may be reinstated when a relisting fee of $100 or the difference between the highest bid and the second bid has been paid to the Terrapin Trader. A higher dollar amount is required to regain bidding privileges.
If payment has been received but the item(s) have not been removed within the required five business days, the Terrapin Trader at its sole discretion and without notice may retain payment and resell the property and retain the payment. If for some reason, you can not pick up your purchase within five days, please contact Terrapin to request a time extension.
Payment Instructions for UMD Departments and Exempt Agencies
University of Maryland Departments: Bill to KFS account number referenced on UMCP Internal Services Request form (ISR) signed by the appropriate budgetary authority or The University Purchasing Card (P-Card). Purchases will be referenced on monthly account statements under Subcode 3916 Office Supplies.
Other Campuses and State Agencies: A memo on letterhead that is duly signed by the purchasing agency that states the bearer, by name, which must show proper ID, is authorized to purchase from the Terrapin Trader. The memo must indicate the appropriate invoicing method with account numbers and bill to address.
Not-for-Profit and Tax Exempt Entities: Proof of tax status must be on hand at the time of purchase so that taxes will not be a part of the total cost.
Transportation Arrangements for UMD Departments
UMD departmental purchases may be taken by the authorized purchaser at the time of purchase at a later arranged time. Terrapin Trader will also deliver free of charge. The free delivery service is available to all locations delivered to by Central Receiving and General Stores on a first come first served basis.
If items are too large or heavy for delivery by Terrapin Trader, the Transportation Manager will assist in making transportation arrangements at the department’s expense.