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Online rebidding

Online rebidding is carried out in the form of a trading session, where participants submit their proposals in an open form by reducing the price one step rebidding.Participants have the opportunity to improve their commercial proposal based on the criteria set by the organizer.Depending on settings, the starting price can be common for all participants, or for each participant has his own.

Setting up rebidding​

Before publishing a rebidding, you need to configure it - establish the timing of its conduct, the lot positions for which it is carried out, and select criteria whose values ​​participants can improve in their proposal.For ease of filling out, this information is divided into several blocks.

The basic information states:

  • Date and time of the start of trading - the start time of the trading session;

  • Auction step - percentage or fixed value that determines the size of the reduction/increase in the price criterion;

  • Discount on price - allows the participant to make discount on the entire offer, and not on specific items in the composition lot.

  • Participants trade from - the value from which improvement occurs participant's suggestions:

  • Their proposal - participants improve their proposal regarding its previous one, regardless of the proposals of other participants;

  • Current proposal - all participants improve their proposals, regarding one (the best offer among all participants lot).

  • Additional comment - additional information on rebidding.

Block of basic information on rebidding

Online rebidding settings section - sets how it will be go through a trading session.

The “Algorithm for applying a procedure step” setting has 4 meanings:

  • At least one step - the participant can submit any price an offer different from the current one by an amount greater than or equal to specified rebidding step.

  • Any bet exceeding the base - the participant can submit any bid, regardless of the rebidding step.

  • Exactly one step - the participant can submit a price proposal different from the current one by exactly one step.

  • Multiple step - the participant can improve the price offer by a value that is a multiple of the rebidding step.

Setting "Price improvement no more than X steps" - sets the maximum the number of times the auction step is applied for a one-time price improvement.

The “First step of procedure” setting has 3 meanings:

  • The first bid is equal to the starting price - the first bid submitted should be equal to the initial rebidding price.

  • The first bid differs from the starting price according to execution algorithm - the first bet must differ from initial rebidding price in accordance with the setting value "Algorithm for applying a procedure step."

  • The first bet is different from or equal to the initial bet - the first bet may be equal to the initial price or may differ from it in according to the value of the “Step application algorithm” setting procedures".

The “Auction End” setting can be set in the following meanings:

  • After the time interval has expired - regardless of the availability of bets participants, the rebidding will end after the time specified in the field "Auction duration";

  • After a specified time after the start or a specified time after last bid (depending on what happens later) - the time after which the trading session will end depends on availability and time of bet submission and is regulated by settings “Auction duration” and “Bid waiting time”. If there were no bids in the re-auction, it will end after a while specified in the “Auction Duration” field.If bids have been submitted, then the rebidding will end either after the time remaining after the bid, or after the time specified in the “Price waiting time” field proposals”, depending on which value is greater. For example,“Auction duration” is 5 minutes, and “Waiting time” price offer" - 2 minutes.If the bid is submitted 3 minutes before end of the trading session, the re-trading will end in 3 minutes. If the bid is submitted 1 minute before the end of the trading session, then rebidding will be extended by the value in the “Waiting time” field price offer" and will end in 2 minutes;

  • After a specified time after the start, if there were no bets or specified time after the last bet - time after which the trading session will end, depends on the availability of bets and is regulated settings “Auction duration” and “Price waiting time offers".
    If there are no bets, the trading session will end after a period of time specified in the “Auction Duration” field.After each served bets, the duration of the trading session will be changed to the value specified in the “Waiting time for price offer” field.

  • On the specified date - the trading end date is set manually.

Setting "Visibility of participant specification names" establishes the ability for participants to see the names of specifications other people's proposals during the auction.

Setting "Offer visibility" - select one of the values:

  • All - the participant is shown all received during the trading proposal sessions;

  • Best - only the best of the received offers is shown;

  • Rank - the participant’s rank is shown, that is, his place in the main criterion for rebidding, among other participants.

Setting "Extend the auction only when the leader changes":

  • “No” - the session will be extended with each new arrival offer if it corresponds to the End of Auction setting.

  • “Yes” - the session will be extended only if the leader changes in rank, if this is consistent with the Auction End setting.

Setting up the process of bidding for online rebidding

The section “Items for rebidding” contains originals and specifications, submitted by participants for the lot.You can select one or more items, to improve proposals for them:

Selecting positions for rebidding

In the “Criteria available for change” block, select the criteria for the lot, which the participant will be able to improve during the rebidding.Must select at least one criterion.If several criteria are selected, then it is necessary indicate the main one among them.It is by him that the leader will be determined rebidding, and ranking of offers is carried out.

Selection of criteria for rebidding, selection of the main criterion

When choosing criteria for rebidding, the following must be observed: rules:

  1. When selecting a criterion with the “Amount” type at the lot level, there must be all criteria with the type “Price” and “Amount” are selected at the lot level and positions.And also all items and specifications for which applications were submitted must be selected from the participants.

  2. When selecting a criterion with the “Amount” type at the position level, there must be All criteria with the “Price” type at the item level are also selected.

After editing the rebidding, you must save the changes by clicking on "Save" button in the top menu.

Invitations to re-auction​

On the “Participants” tab you can see the list of participants who invitations to re-auction have been created.

Invitations for re-auction participants

By clicking the "Create" button you can add invitations for companies admitted to participate in the main stage of bidding, but not selected at the stage creating rebidding:

Adding a company invitation to re-auction

An invitation can be deleted by selecting it and clicking on the corresponding button:

Removing an invitation to re-auction

Publication and re-auction​

Having filled out the information on rebidding, you can “Publish”:

Publication of face-to-face rebidding

If the system has signature functionality enabled, then the re-auction published online will need to be signed.To confirm the signature, the user should click on the "Confirm" button, and to cancel the operation - "Cancel":

Signature of the registration application

Invited participants will receive information on rebidding by email at their personal account and email.

The published rebidding will be available in the “Additional stages” block on the page of the lot for which it wasbut created.Go to page rebidding is carried out using the link in its number:

Additional stages for the lot

When the date and time of the auction arrives, trading will begin. session during which invited participants will be able to improve their offers.The transition to viewing the progress of the trading session is carried out by button “Trading progress” on the rebidding page:

Go to view the progress of re-auction bidding

The time until the end of the trading session will be shown at the top of the page. rebidding sessions.Time will vary depending on settings rebidding:

Time until the end of trading if there are no new offers

In the “Trade Progress” table you can view the proposals received from re-auction participants.The time of the bet is displayed, as well as the positions and criteria based on which the proposal was made:

Viewing rebidding proposals received during the trading session

After the end of the trading session, the rebidding status will change to "Completed."The organizer will have access to information about companies that improved their offers.

View received offers after the end of the auction

If necessary, the rebidding can be canceled, for this you should press the “Cancel” button, indicate the reason for canceling the stage and confirm action:

names of the announced rebidding

Indication of the reason for canceling the rebidding