Online bidding definition

Online bidding is a process of bidding in a public auction where registered Online Bidders can bid online from anywhere via a computer, smart phone or any device with internet connection without having to appear in the auction venue.
Online bidding means an electronic procurement process in which state agencies receive bids from vendors for goods, services, construction, or information services over the Internet or other electronic medium in a real-time, competitive bidding event.
Online bidding means a process by which bidders submit bids for a contract on a secure website on the Internet or its successor, if any, which is established and maintained for that purpose.

Examples of Online bidding in a sentence

  • Online bidding is subject to technology faults and issues which are outside the control of the auction company.

  • Online bidding is conducted at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/ui or download the First Mid Ag App from the App store on your mobile device! See Addendum for further details and online bidding instructions.

  • Online bidding is subject to technology failure and issues without warning, which are outside the control of the auction company.

  • Online bidding is subject to technology faults and issues which are outside the control of the Auctioneer or Broker.

  • Bidding prior to 10:00 PM, EST as well as after 10:00 PM, EST (the latter regulated by the 15Minute Rule), may occur in any of the following ways: a) Online Bidding - Online bidding for registered users who have obtained a User ID and Password is available 24 hours.

  • Online bidding is provided on an “as is, where is, as available, and with all faults and limitations” basis.

  • Bidding prior to 11:00 PM, EST as well as after 11:00 PM, EST (the latter regulated by the 15Minute Rule), may occur in any of the following ways: a) Online Bidding - Online bidding for registered users who have obtained a User ID and Password is available 24 hours.

  • Online bidding is subject to technological faults and issues which are outside the control of the Auctioneer or Broker.

  • Online bidding registration and receipt of the registration amount of $25,000.00 is required for approval to bid.

  • Bidding prior to 8:00 PM, Eastern Time as well as after 8:00 PM, Eastern Time (the latter regulated by the 15-Minute Rule), may occur Online - Online bidding for registered users who have obtained a User ID and Password is available 24 hours, 7 days a week.


More Definitions of Online bidding

Online bidding means an electronic procurement process in which the Authority receives bids from vendors for goods, services, construction, or information services over the Internet in a real-time, competitive bidding event.
Online bidding means an electronic procurement process in which institutions receive bids from bidders for goods, services, construction, or information services over the Internet or other electronic medium for a sealed or real-time competitive bidding event.
Online bidding means the submission of a bid or proposal over the Internet, using a secure environment.
Online bidding means a procurement process in which school districts and charter schools receive vendors’ bids for goods, services, construction or information services electronically over the internet in a real-time, competitive bid- ding event.

Related to Online bidding

  • collusive bidding or “bid rigging” means any agreement, between enterprises or persons engaged in identical or similar production or trading of goods or provision of services, which has the effect of eliminating or reducing competition for bids or adversely affecting or manipulating the process for bidding

  • competitive bidding process means a competitive bidding process referred to in paragraph 12 (1) (d) of this Policy;

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Bidding Procedures Order means that certain order of the Bankruptcy Court, entitled “Order (A) Approving Sale Procedures and Bid Protections, Including Break-Up Fee(s), In Connection With Sale Of Substantially All Assets; (B) Scheduling An Auction For And Hearing To Approve One Or More Sales; (C) Approving Notice Of Respective Date, Time And Place For Auction And For Hearing On Approval Of Sale(s),” entered on January 16, 2009.

  • Responsive bidder means a person who has submitted a bid that conforms in all material respects