e-Reverse Auction Guidelines for MDB Financed Procurement

Borrowing countries are increasingly inclined to use electronic procurement systems and means for processing and managing MDB funded activities. This guide is intended to be used for the application of e-reverse auctions during the procurement proc...

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Main Authors: Asian Development Bank, Inter-American Development Bank, World Bank
Format: Publications & Research
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/12/19585191/e-reverse-auction-guidelines-mdb-financed-procurement
http://hdl.handle.net/10986/19058
id okr-10986-19058
recordtype oai_dc
spelling okr-10986-190582021-04-23T14:03:50Z e-Reverse Auction Guidelines for MDB Financed Procurement Asian Development Bank Inter-American Development Bank World Bank ADVERTISING AUCTION PROCESS AUCTION SYSTEM AUCTION SYSTEMS AUTHENTICATION AUTOMATIC NOTIFICATION BEST PRACTICE BID BIDDERS BIDDING DOCUMENTS BIDS BORROWER BORROWING COUNTRIES BROWSER BUSINESS APPLICATION BUSINESS CONTINUITY BUSINESS OPPORTUNITIES BUSINESSES CERTIFICATION PROCESS COMPETITIVE BIDDING CREDIT CARD E-REVERSE AUCTION E-REVERSE AUCTIONS ELECTRONIC AUCTION ELECTRONIC AUCTIONS ELECTRONIC DEVICE ELECTRONIC FORMAT ELECTRONIC PAYMENT ELECTRONIC PROCUREMENT ELECTRONIC SIGNATURE EQUIPMENT EREVERSE AUCTION HUMAN INTERVENTION HUMAN RESOURCE ICT INFORMATION SECURITY INTERNATIONAL STANDARD INTERNATIONAL TRADE INTERNATIONAL TRADE LAW MANAGEMENT SYSTEM MARKET MANIPULATION MARKET STRUCTURE MARKETPLACE MATERIAL OPEN STANDARDS PAYMENT FACILITY PREDATORY PRICING PROCUREMENT PROCUREMENT PROCESS PROCUREMENT PROCESSES PURCHASING RELEVANT MARKET RESULT SECURITIES SECURITY MANAGEMENT SERVICE CONTRACT SERVICE PROVIDERS SITES SUPPLIER SUPPLIERS TENDERS TIME PERIOD TRANSACTION TRANSMISSION USERS WEB WEB SITE Borrowing countries are increasingly inclined to use electronic procurement systems and means for processing and managing MDB funded activities. This guide is intended to be used for the application of e-reverse auctions during the procurement process. Not all procurement is suitable for e-reverse auction. Some governments consider e-reverse auction to be a special case of e-bidding while others see it as part of e-Purchasing. For United Nations Commission on International Trade Law (UNCITRAL), an e-reverse auction is described as an online, real-time dynamic auction between a buying organization and a number of suppliers who compete against each other to win the contract by submitting successively lower priced bids during a scheduled time period. Where e-GP systems are intended to be used for e-reverse auctions for works, goods, or services under MDB financed procurement, the MDB administering division or resident office administering the project will, consistent with any approved delegations, evaluate the e-reverse auction features, standards, and operations to ensure it satisfies the conditions that follow in this guide. This guideline is divided into the following eleven sections: 1) system preparation; 2) bidding specifications; 3) advertising; 4) operation; 5) correspondence, amendments, and clarification; 6) access; 7) bid securities; 8) bid evaluation and contract award; 9) information security management; 10) authentication; and 11) other conditions. 2014-07-29T22:04:39Z 2014-07-29T22:04:39Z 2005-12 http://documents.worldbank.org/curated/en/2005/12/19585191/e-reverse-auction-guidelines-mdb-financed-procurement http://hdl.handle.net/10986/19058 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADVERTISING
AUCTION PROCESS
AUCTION SYSTEM
AUCTION SYSTEMS
AUTHENTICATION
AUTOMATIC NOTIFICATION
BEST PRACTICE
BID
BIDDERS
BIDDING DOCUMENTS
BIDS
BORROWER
BORROWING COUNTRIES
BROWSER
BUSINESS APPLICATION
BUSINESS CONTINUITY
BUSINESS OPPORTUNITIES
BUSINESSES
CERTIFICATION PROCESS
COMPETITIVE BIDDING
CREDIT CARD
E-REVERSE AUCTION
E-REVERSE AUCTIONS
ELECTRONIC AUCTION
ELECTRONIC AUCTIONS
ELECTRONIC DEVICE
ELECTRONIC FORMAT
ELECTRONIC PAYMENT
ELECTRONIC PROCUREMENT
ELECTRONIC SIGNATURE
EQUIPMENT
EREVERSE AUCTION
HUMAN INTERVENTION
HUMAN RESOURCE
ICT
INFORMATION SECURITY
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
MANAGEMENT SYSTEM
MARKET MANIPULATION
MARKET STRUCTURE
MARKETPLACE
MATERIAL
OPEN STANDARDS
PAYMENT FACILITY
PREDATORY PRICING
PROCUREMENT
PROCUREMENT PROCESS
PROCUREMENT PROCESSES
PURCHASING
RELEVANT MARKET
RESULT
SECURITIES
SECURITY MANAGEMENT
SERVICE CONTRACT
SERVICE PROVIDERS
SITES
SUPPLIER
SUPPLIERS
TENDERS
TIME PERIOD
TRANSACTION
TRANSMISSION
USERS
WEB
WEB SITE
spellingShingle ADVERTISING
AUCTION PROCESS
AUCTION SYSTEM
AUCTION SYSTEMS
AUTHENTICATION
AUTOMATIC NOTIFICATION
BEST PRACTICE
BID
BIDDERS
BIDDING DOCUMENTS
BIDS
BORROWER
BORROWING COUNTRIES
BROWSER
BUSINESS APPLICATION
BUSINESS CONTINUITY
BUSINESS OPPORTUNITIES
BUSINESSES
CERTIFICATION PROCESS
COMPETITIVE BIDDING
CREDIT CARD
E-REVERSE AUCTION
E-REVERSE AUCTIONS
ELECTRONIC AUCTION
ELECTRONIC AUCTIONS
ELECTRONIC DEVICE
ELECTRONIC FORMAT
ELECTRONIC PAYMENT
ELECTRONIC PROCUREMENT
ELECTRONIC SIGNATURE
EQUIPMENT
EREVERSE AUCTION
HUMAN INTERVENTION
HUMAN RESOURCE
ICT
INFORMATION SECURITY
INTERNATIONAL STANDARD
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
MANAGEMENT SYSTEM
MARKET MANIPULATION
MARKET STRUCTURE
MARKETPLACE
MATERIAL
OPEN STANDARDS
PAYMENT FACILITY
PREDATORY PRICING
PROCUREMENT
PROCUREMENT PROCESS
PROCUREMENT PROCESSES
PURCHASING
RELEVANT MARKET
RESULT
SECURITIES
SECURITY MANAGEMENT
SERVICE CONTRACT
SERVICE PROVIDERS
SITES
SUPPLIER
SUPPLIERS
TENDERS
TIME PERIOD
TRANSACTION
TRANSMISSION
USERS
WEB
WEB SITE
Asian Development Bank
Inter-American Development Bank
World Bank
e-Reverse Auction Guidelines for MDB Financed Procurement
description Borrowing countries are increasingly inclined to use electronic procurement systems and means for processing and managing MDB funded activities. This guide is intended to be used for the application of e-reverse auctions during the procurement process. Not all procurement is suitable for e-reverse auction. Some governments consider e-reverse auction to be a special case of e-bidding while others see it as part of e-Purchasing. For United Nations Commission on International Trade Law (UNCITRAL), an e-reverse auction is described as an online, real-time dynamic auction between a buying organization and a number of suppliers who compete against each other to win the contract by submitting successively lower priced bids during a scheduled time period. Where e-GP systems are intended to be used for e-reverse auctions for works, goods, or services under MDB financed procurement, the MDB administering division or resident office administering the project will, consistent with any approved delegations, evaluate the e-reverse auction features, standards, and operations to ensure it satisfies the conditions that follow in this guide. This guideline is divided into the following eleven sections: 1) system preparation; 2) bidding specifications; 3) advertising; 4) operation; 5) correspondence, amendments, and clarification; 6) access; 7) bid securities; 8) bid evaluation and contract award; 9) information security management; 10) authentication; and 11) other conditions.
format Publications & Research
author Asian Development Bank
Inter-American Development Bank
World Bank
author_facet Asian Development Bank
Inter-American Development Bank
World Bank
author_sort Asian Development Bank
title e-Reverse Auction Guidelines for MDB Financed Procurement
title_short e-Reverse Auction Guidelines for MDB Financed Procurement
title_full e-Reverse Auction Guidelines for MDB Financed Procurement
title_fullStr e-Reverse Auction Guidelines for MDB Financed Procurement
title_full_unstemmed e-Reverse Auction Guidelines for MDB Financed Procurement
title_sort e-reverse auction guidelines for mdb financed procurement
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2005/12/19585191/e-reverse-auction-guidelines-mdb-financed-procurement
http://hdl.handle.net/10986/19058
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