eAuction

  • What can I use for transparent negotiations to drive lowest price and best value?
  • And stay compliant with all EU Regulations?

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.

Identify your requirement

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Identify your requirement

  • Is an eAuction suitable for procurement? Speak to your Account Manager to arrange to set one up
  • Use the eAuctions tool to power the reverse auction stage of either your ITT or your framework call-offs

Create and publish an opportunity

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Create and publish an opportunity

Include notification of intent to use an eAuction/reverse auction in the contract notice when posting to a portal or OJEU

Advertise your opportunity to the market

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Advertise your opportunity to the market

Ensure that tender documentation provides relevant information about the eAuctions phase

Receive your responses and shortlist

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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

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Run eAuction

  • Prior to the eAuction, 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
  • 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

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Award your contract

  • Immediate feedback through the eAuction to buyers and suppliers (supplier information is anonymous)
  • Award contract to the supplier with the winning bid based on the lowest adjusted score
  • Cost savings can then be calculated, the contract awarded and suppliers notified