Common use of E-AUCTIONS Clause in Contracts

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:

Appears in 16 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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