CANADIAN BARREL HORSE INCENTIVE SUPER STAKES
2016 Canadian Barrel Horse Stallion Service Auction
BREEDING – AUCTION INSTRUCTIONS, CONDITIONS & RULES
- PLEASE READ CAREFULLY -
Starts: February 1, 2016 BID DEADLINE: Feb 29, 2016 at 4:00 PM
****(any bidding ties will be handled after the 4pm deadline, keep in mind you have not won the bid unless it states closed with your name.)******
Cheques should be made payable to CBHI
Mail to: CBHI
Box 13, Site 503, RR#5 Stony Plain, Alberta T7Z 1X5 Canada
SUPER STAKES AUCTION RULES
- The buyer has 14 days to get their money in. (if not you will be blacklisted) The runner up will then be notified. They have 24 hours to decide and then 7 days to get their cheque in; if not it goes back to the stallion owner who then has 24 hours to decide and 7 days to get their cheque in. This system will allow all bids/buybacks to be cleared up within 30 days.
- Purchaser must have a copy of the mare’s papers and their portion of the Super Stakes Nomination fee ($75) into the CBHI office within 15 days.
- If a mare does not foal the first year of breeding, the CBHI office must be notified in writing, so that the papers can be moved to the next year, or else the replacement mares’ papers must be submitted.
- Abusive behavior to office staff during the auction will not be tolerated. The problem bidder will be given a warning, and if the abusive behavior continues, they will not be allowed to bid anymore during that year.
- Stallion buy back is to be 1/2 of the stud fee or the average of the starting bids; whichever is higher.
- Previously nominated stallions that are deceased can still be in the super stakes program for 2 years if they pay 1/2 of the stallion fee or the average of the starting bids, whichever is higher. (They would have to also pay the $100 per on farm pick up to the 2 picks).
- The starting bid on any Super Stakes Auction stallion service is one half (1/2) of the current stud fee; minimum of $250 or unless otherwise noted by stallion owner.
- Super Stakes nomination fee of $100 for Stallion Service Auction Foal is split between the purchaser of the Stallion Service $75; and the Stallion Owner $25.
- The purchaser of a Stallion Service can sell it privately. CBHI office is to be notified in writing of the change.
- Purchaser of a Stallion Service may switch mares, as long as both the CBHI office and the stallion owner are notified.
- In the event of tie bidding, all parties will be contacted and given the opportunity to bid at a higher amount. The bidding has not been won until closed is marked on the website, with the successful bidder’s name.
- Stallion services listed are being offered by auction through on line bidding form, e-mail, fax or by phone. Phone bids will be accepted between 9 am and 4 pm. No new bidders will be accepted after 1 pm. Faxed bids and on line bids are accepted 24 hours a day. The “winning” bidder will be contacted by March 1.
- The farm location and stud fee are believed to be accurate although the CBHI will not assume any responsibility for errors or omissions. All successful bids are final and all participants accept the rules and regulation before submitting their bid. The purchasing party will not hold the CBHI or any other entity associated directly to the CBHI and the individuals working in conjunction with it responsible for any errors, omissions and/or liability.
- All stallion services are sold as per the stallion farm’s rules and any special notes made on the website about that particular stallion. It is the bidder’s responsibility to research the specific charges and conditions with respect to that particular stallion. Shipped cooled semen, mare care, chute/farm fees, veterinary and farrier services are not included.
- All credit card transactions are subject to a 5% service charge.
- It is the bidder’s responsibility to be available after 4 pm for any bidding wars.
SUPER STAKES RULES GENERAL
Super Stakes stallions are capped at 125.
We have put in new rules to hopefully help you with any questions regarding this. Please see below.
1- The Super Stakes stallions are capped at 125.
2- A waiting list will be put in place. We will take the first one on the waiting list by order of mail date on the envelope of your nomination to the CBHI program.
3- If your current Super Stakes stallion dies or becomes not fit to breed you have 1 year to replace him.
4- Replacing a stallion that’s not deceased or unfit. An owner can remove one of their stallions from the Super Stakes that was previously enrolled in order to replace it with a new one that hasn’t been previously enrolled. The stallion must be in that exact owners name that is replacing the previous one.
5- Selling a Super Stakes stallion. If a super stakes stallion is sold, the selling owner has the option to keep that super stakes stallion spot for themselves to replace it with a new stallion. It must be replaced within 1 year or the owner forfeit’s that super stakes berth. The seller must send in a letter notifying the CBHI office of their intent to keep their super stakes spot for a new stallion and to remove the sold stallion from the list. The selling owner can also choose to pass that super stakes spot on with the stallion to the new owner. If this happens, a letter from both the seller and the buyer of the stallion in question must be sent to the CBHI office notifying them of their intent. Also, all outstanding super stakes breeding’s must be honored in the event of a stallion being sold.
6- If you are in the Super Stakes program now you are in. Unless…
a.) late paying (will put you on the bottom of waiting list) (Payments due Dec 1 for the next year)
b.)NSF cheques received (will put you on the bottom of waiting list)
If you have any questions or any of the rules are unclear please contact the office.
- Super Stakes is strictly Bonus money paid to Futurity/Derby horses (that carry a Super Stakes certificate), over and above the usual CBHI money awarded.
- A Stallion must stand in the Super Stakes Auction annually; and have appropriate fees paid to have Super Stakes eligibility. The buyer has 2 weeks to get their money in. The runner up will then be notified. They have 24 hours to decide and then a week to get their cheque in; if not it goes back to the stallion owner who then has 24 hours to decide and 1 week to get their cheque in. This system will allow all bids/buybacks to be cleared up within 30 days.
- Three (3) possible berths per stallion per year.
- Resulting foal from purchase of stud fee in Super Stakes Auction
- 2-Stallion owner on farm picks
- A Stallion must stand in Canada for a minimum of 3 months (May to end of July) of the applicable year in order to participate in the Super Stakes Stallion Auction. The breeding dates must be clarified in the Super Stakes auction.
- A horse is not eligible for Super Stakes status unless it has a valid Super Stakes certificate.
- All on farm picks or Select Sale Super Stakes horses cannot be older than a yearling as of December 1 of their yearling year.
- If a stallion owner has more than one (1) stallion; on farm picks and/or CBHI Select Sale consignments can be switched between stallions.
- Once the Super Stakes Stallion Auction has started, a stallion cannot be added.
- The nomination date for a Super Stakes Stallion donation is December 1.
- Once a Super Stakes certificate has been made, no switches/substitutes will be allowed.
- A replacement of a Super Stakes Certificate will cost $25. If a Registered Name change occurs – the old Super Stakes Certificate, as a well as a copy of the new Registration Certificate and the fee of $25 must be received before a new Super Stakes Certificate is issued. In the case of a name change, the registration number of the horse must be the same.
- Stallion owner can name a customer’s foal for a Super Stakes berth. The stallion owner must sign off that the foal is one of his on farm picks. CBHI office will verify with the stallion owner.
- Refunds on stallion services will only be done by death of the stallion or if the stallion becomes infertile by any means other than gelding. (veterinary certificate required)
- There is a two (2) year limit for any breeding as a result of the Super Stakes Stallion Auction.
- A Super Stakes certificate will not be issued, until such time as the foals Registration Certificate has been submitted to the CBHI office and appropriate fees have been paid.
- All grade horses must be DNA typed.www.vgl.ucdavis.edu For Super Stakes Certificates to be issued the CBHI office must have a DNA case number and a set of pictures of the nominated grade horse. (6 views, front, back, each side, and a head shot)
- In the case of twins, only one foal will be eligible for Super Stakes status. The owner must pick one.
- Any year that more than $50,001 is raised in the Super Stakes Auction an 80% Futurity; 20% Derby split, with the first year being 2015. The minimum for the futurity is $50,001 maximum for the Derby is to be 20% of the total amount raised.
- Black list removal : pay a fine of $250 as well as supply the CBHI with a refundable Cashiers cheque of money order in the amount of the maximum amount that they are willing to bid in the auction. This will be held in trust until the close of the auction.
SUPER STAKES RULES - STALLION OWNERS
- All farm picks have a Super Stakes Fee of $100.
- On Farm pick nomination deadline is December 1 of the foal’s yearling year.
- All farm picks are to be in by the deadline, or they will be sent a letter by registered mail with a $25 late fee. This is to be rectified within 30 days of the auction.
- If a Super Stakes stallion deceases, the stallion owner has 1 year to replace him.
- The CBHI SS stallion waiting list is posted on the web site and in order by the post mark of when it was sent.
SUPER STAKES RACE RULES
- Payout will be awarded to the individual’s fastest time from the 1st and 2nd go of the Futurity/Derby. Short Go runs do not qualify for Super Stakes payout/placings.
- 75% of the total yearly purse is paid to eligible horses with Super Stakes Certificates. 25% of the total yearly purse is paid to the Stallion Owner (sire of the winning horses)
- Yearly Super Stakes payout follows the web site:
- In the case of a tie in the payout of the Super Stakes. To combine the 2 spots and then split in half. Example 2 people tied for 2nd. Second and Third place money would be combined and then split equally between the 2, then the fourth place would be paid out.
- Age Verification may be done by a vet and/or DNA at the discretion of the board. DNA verification may be required in the event of discrepancy as to the identity of the horse.
- The owner or rider of a Super Stakes horse can decide when to futurity (5 year old or younger, you only get to futurity 1 year if you have followed all the futurity eligible rules)