E-AUCTIONS. 3.1 The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 2 above and invite the Supplier to a Further Competition Procedure using a reverse auction in accordance with the rules laid down by the Contracting Body and in accordance with the Regulations, prior to the commencement of any such Further Competition Procedure.
3.2 The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding as the auction unfolds ("Electronic Reverse Auction").
3.3 Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an initial full evaluation of all tenders.
3.4 The Contracting Body will inform the Framework Suppliers of the specification for the Electronic Reverse Auction which shall include:
3.4.1 the information to be provided at auction, which must be expressed in figures or percentages;
3.4.2 the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted;
3.4.3 any limits on the values which may be submitted;
3.4.4 a description of any information which will be made available to Framework Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them;
3.4.5 the conditions under which Framework Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding;
3.4.6 relevant information concerning the electronic equipment used and the arrangements and technical specification for connection;
3.4.7 the date and time of the start of the Electronic Reverse Auction; and
3.4.8 details of when and how the Electronic Reverse Auction will close.
E-AUCTIONS. 4.1 The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3above and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition.
4.2 The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction").
4.3 Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auction.
E-AUCTIONS. One or more Contracting Bodies may use an electronic reverse auction to evaluate tenders and award a Call-off Agreement or Lease Agreement as part of a further competition process. The Supplier shall comply with documentation issued by the relevant Contracting Body in connection with the e-auction.
E-AUCTIONS. The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition. The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction"). Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auction. The Contracting Body will inform the Framework Suppliers of the specification for the Electronic Reverse Auction which shall include: the information to be provided at auction, which must be expressed in figures or percentages; the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted; any limits on the values which may be submitted; a description of any information which will be made available to Framework Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them; the conditions under which Framework Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding; relevant information concerning the electronic equipment used and the arrangements and technical specification for connection; the date and time of the start of the Electronic Reverse Auction; and details of when and how the Electronic Reverse Auction will close. The Electronic Reverse Auction may not start sooner than two (2) Working Days after the date on which the specification for the Electronic Reverse Auction has been issued. Throughout each phase of the Electronic Reverse Auction the Contracting Body will communicate to all Framework Suppliers sufficient information to enable them to ascertain their relative ranking. The Supplier acknowledges and agrees that: the Contracting Body and its officers, servants, agents, group companies, assignees and customers (including the Authority) do not guarantee that its access to the Electronic Reverse Auction will be uninterrupted or error-free; its access to the Electronic Reverse Auction may occ...
E-AUCTIONS. 2.2.4.2.1 communicate to any person other than the person inviting these offers the amount or approximate amount of the offer, except where the disclosure, in confidence, of the approximate amount of the offer was necessary to obtain quotations required for the preparation of the offer; and
2.2.4.2.2 enter into any arrangement or agreement with any other person that he or the other person(s) shall refrain from making an offer or as to the amount of any offer to be submitted.
3.1 The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 2 above and invite the Supplier to a Further Competition Procedure using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such Further Competition Procedure.
3.2 The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction").
3.3 Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auction.
3.4 The Contracting Body will inform the Framework Suppliers of the specification for the Electronic Reverse Auction which shall include:
E-AUCTIONS. 4.1 The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a Further Competition Procedure using a reverse auction in accordance with the rules laid down by the Contracting Body and in accordance with the Regulations, prior to the commencement of any such Further Competition Procedure.
E-AUCTIONS. 8.1. The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3.1.5 and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition.
8.2. The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Suppliers compete in real time by bidding lower as the auction unfolds ( an "Electronic Reverse Auction").
8.3. Before undertaking an Electronic Reverse Auction, the relevant Contracting Body shall make an evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auction.
8.4. The Contracting Body shall inform the Suppliers of the specification for the Electronic Reverse Auction which shall include:
8.4.1. the information to be provided at auction, which must be expressed in figures or percentages;
8.4.2. the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted;
8.4.3. any limits on the values which may be submitted;
8.4.4. a description of any information which will be made available to Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them;
8.4.5. the conditions under which Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding;
8.4.6. the date and time of the start of the Electronic Reverse Auction; and 8.
E-AUCTIONS. 4.1 Contracting Bodies may elect to undertake a reverse auction in which Suppliers compete in real time by bidding lower as the auction unfolds. A reverse auction can be used either as part of the further competition process or on its own.
4.2 Before undertaking a reverse auction, Contracting Bodies shall make an evaluation of all proposals against all criteria except those which will be assessed as part of the reverse auction.
4.3 Customers should then inform the Suppliers of the specification for the reverse auction which includes:
4.3.1 the information to be provided at the reverse auction;
4.3.2 the mathematical formula to be used to determine automatic ranking of
E-AUCTIONS. The Lead/Customer Organisation shall be entitled to formulate its Statement of Requirements in accordance with paragraph 4 above and invite the Contractor to a further competition using a reverse auction in accordance with the rules laid down by the Lead/Customer Organisation in accordance with the Regulations prior to the commencement of any such further competition.
E-AUCTIONS. (LOTS 2 – 9 (INCLUSIVE) ONLY
