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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| Format: | Publications & Research |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | 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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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 |
| _version_ |
1764443235462152192 |