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").
Appears in 7 contracts
Samples: Framework Agreement, Framework Agreement, Vehicle Purchase Framework Agreement
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").
Appears in 1 contract
Samples: Framework Agreement