How does Online Bidding work?

Answer

The Online Bidding event is conducted on-line with pre-qualified suppliers beinginvited to compete on predetermined and published award criteria. An Online Bidding can be on any combination of criteria. Bidders are able to introduce newor improved values to their bids in a visible and competitive environment. The procedure and duration of the event will be defined before the Online Bidding commences. There will be a starting value that suppliers will bid against until thecompetition closes. The Online Bidding will be a key stage in the contractingprocess.

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What is Online Bidding
 

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