eAuction
eAuction is a reverse auction tool compliant with EU Regulations which can be used as a stand-alone service or as an extension of your tender exercise.
How does an eAuction work?
- Identify requirement
Use eAuctions tool to power the reverse auction stage of either your ITT or your framework call-offs - Create and publish opportunity
Include notification of intent to use eAuctions/a reverse auction in the contract notice when posting to a portal - Advertise your opportunity to the market
UseEnsure that tender documentation provides relevant information about the eAuctions phase - Receive your responses and shortlist
Evaluate all tenders and award qualitative scores to eAuction weightings - Invite successful suppliers to take part in an eAuction
Participating suppliers can set themselves up in advance of the eAuction taking place and trial the system - Run eAuction
In an eAuction, potential suppliers compete online and in ‘real time’, providing prices for the goods or services under auction. The process is open and transparent, with bid visibility provided through ranking and/or position. - Award your contract
Cost savings can then be calculated, the contract awarded and suppliers notified
Benefits of using eAuction:
Potential suppliers compete online and in ‘real time’, providing prices for the goods or services under auction
The process is open and transparent, with bid visibility provided through ranking and/or position
Quick and efficient
eAuction
Prior to the service, Delta eSourcing offers buyer and supplier support as well as consultancy or training, both off-site and on-site.
A Q&A facility for both contracting authorities and bidders is available. Delta eSourcing will then host and manage the eAuction.
Request a FREE Delta demo
If you’re a public sector buyer, scheduling a FREE demonstration of the Delta eSourcing suite is as easy as ABC. Simply complete our short form, telling us your preferred date and time and one of our team will be in touch with you shortly to arrange your demo.
