Common use of E-AUCTIONS Clause in Contracts

E-AUCTIONS. The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition. The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction"). Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auction. The Contracting Body will inform the Framework Suppliers of the specification for the Electronic Reverse Auction which shall include: the information to be provided at auction, which must be expressed in figures or percentages; the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted; any limits on the values which may be submitted; a description of any information which will be made available to Framework Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them; the conditions under which Framework Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding; relevant information concerning the electronic equipment used and the arrangements and technical specification for connection; the date and time of the start of the Electronic Reverse Auction; and details of when and how the Electronic Reverse Auction will close. The Electronic Reverse Auction may not start sooner than two (2) Working Days after the date on which the specification for the Electronic Reverse Auction has been issued. Throughout each phase of the Electronic Reverse Auction the Contracting Body will communicate to all Framework Suppliers sufficient information to enable them to ascertain their relative ranking. The Supplier acknowledges and agrees that: the Contracting Body and its officers, servants, agents, group companies, assignees and customers (including the Authority) do not guarantee that its access to the Electronic Reverse Auction will be uninterrupted or error-free; its access to the Electronic Reverse Auction may occasionally be restricted to allow for repairs or maintenance; and it will comply with all such rules that may be imposed by the Contracting Body in relation to the operation of the Electronic Reverse Auction. The Contracting Body will close the Electronic Reverse Auction on the basis of: a date and time fixed in advance; when no new prices or values meeting the specified minimum differences have been received within the prescribed elapsed time period; or when all the phases have been completed.

E-AUCTIONS. The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using Call for Competition Procedure that utilises a reverse auction in accordance with the rules and procedures laid down by the Contracting Body in the RFP and in accordance with the Regulations prior to the commencement of any such further competitionRegulations. The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework DPS Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction"). Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an initial full evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auctiontenders. The Contracting Body will inform the Framework DPS Suppliers of the specification for the Electronic Reverse Auction in the RFP which shall include: the information to be provided at auction, which must be expressed in figures or percentages; the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted; any limits on the values which may be submitted; a description of any information which will be made available to Framework DPS Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them; the conditions under which Framework DPS Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding; relevant information concerning the electronic equipment used and the arrangements and technical specification for connection; the date and time of the start of the Electronic Reverse Auction; and details of when and how the Electronic Reverse Auction will close. The Electronic Reverse Auction may not start sooner than two (2) Working Days after the date on which the specification for the Electronic Reverse Auction has been issued. Throughout each phase of the Electronic Reverse Auction the Contracting Body will communicate to all Framework DPS Suppliers sufficient information to enable them to ascertain their relative ranking. The Supplier acknowledges and agrees that: the Contracting Body and its officers, servants, agents, group companies, assignees and customers (including the Authority) do not guarantee that its access to the Electronic Reverse Auction will be uninterrupted or error-free; its access to the Electronic Reverse Auction may occasionally be restricted to allow for repairs or maintenance; and it will comply with all such rules that may be imposed by the Contracting Body in relation to the operation of the Electronic Reverse Auction. The Contracting Body will close the Electronic Reverse Auction on the basis of: a date and time fixed in advance; when no new prices or values meeting the specified minimum differences required pursuant to paragraph 3.4.5 have been received within the prescribed elapsed time period; or when all the phases have been completed.

E-AUCTIONS. The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using General Further Competition Procedure that utilises a reverse auction in accordance with the rules and procedures laid down by the Contracting Body in the RFP and in accordance with the Regulations prior to the commencement of any such further competitionRegulations. The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction"). Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an initial full evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auctiontenders. The Contracting Body will inform the Framework Suppliers of the specification for the Electronic Reverse Auction in the RFP which shall include: the information to be provided at auction, which must be expressed in figures or percentages; the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted; any limits on the values which may be submitted; a description of any information which will be made available to Framework Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them; the conditions under which Framework Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding; relevant information concerning the electronic equipment used and the arrangements and technical specification for connection; the date and time of the start of the Electronic Reverse Auction; and details of when and how the Electronic Reverse Auction will close. The Electronic Reverse Auction may not start sooner than two (2) Working Days after the date on which the specification for the Electronic Reverse Auction has been issued. Throughout each phase of the Electronic Reverse Auction the Contracting Body will communicate to all Framework Suppliers sufficient information to enable them to ascertain their relative ranking. The Supplier acknowledges and agrees that: the Contracting Body and its officers, servants, agents, group companies, assignees and customers (including the Authority) do not guarantee that its access to the Electronic Reverse Auction will be uninterrupted or error-free; its access to the Electronic Reverse Auction may occasionally be restricted to allow for repairs or maintenance; and it will comply with all such rules that may be imposed by the Contracting Body in relation to the operation of the Electronic Reverse Auction. The Contracting Body will close the Electronic Reverse Auction on the basis of: a date and time fixed in advance; when no new prices or values meeting the specified minimum differences required pursuant to paragraph 10.1.27 have been received within the prescribed elapsed time period; or when all the phases have been completed.

E-AUCTIONS. The Contracting Body shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition using a reverse auction in accordance with the rules laid down by the Contracting Body in accordance with the Regulations prior to the commencement of any such further competition. The Supplier acknowledges that Contracting Bodies may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction"). Before undertaking an Electronic Reverse Auction, the relevant Contracting Body will make an evaluation of all proposals against all criteria other than those which will be the subject of the Electronic Reverse Auction. The Contracting Body will inform the Framework Suppliers of the specification for the Electronic Reverse Auction which shall include: the information to be provided at auction, which must be expressed in figures or percentages; the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted; any limits on the values which may be submitted; a description of any information which will be made available to Framework Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them; the conditions under which Framework Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding; relevant information concerning the electronic equipment used and the arrangements and technical specification for connection; the date and time of the start of the Electronic Reverse Auction; and details of when and how the Electronic Reverse Auction will close. The Electronic Reverse Auction may not start sooner than two (2) Working Days after the date on which the specification for the Electronic Reverse Auction has been issued. Throughout each phase of the Electronic Reverse Auction the Contracting Body will communicate to all Framework Suppliers sufficient information to enable them to ascertain their relative ranking. The Supplier acknowledges and agrees that: the Contracting Body and its officers, servants, agents, group companies, assignees and customers (including the Authority) do not guarantee that its access to the Electronic Reverse Auction will be uninterrupted or error-free; its access to the Electronic Reverse Auction may occasionally be restricted to allow for repairs or maintenance; and it will comply with all such rules that may be imposed by the Contracting Body in relation to the operation of the Electronic Reverse Auction. The Contracting Body will close the Electronic Reverse Auction on the basis of: a date and time fixed in advance; when no new prices or values meeting the specified minimum differences have been received within the prescribed elapsed time period; or when all the phases have been completed.]

E-AUCTIONS. The Contracting Body Buyer shall be entitled to formulate its Statement of Requirements in accordance with paragraph 3 above and invite the Supplier to a further competition Further Competition Procedure using a reverse auction in accordance with the rules laid down by the Contracting Body Buyer and in accordance with the Regulations Regulations, prior to the commencement of any such further competitionFurther Competition Procedure. The Supplier acknowledges that Contracting Bodies Buyers may wish to undertake an electronic reverse auction, where Framework Suppliers compete in real time by bidding lower as the auction unfolds ("Electronic Reverse Auction"). Before undertaking an Electronic Reverse Auction, the relevant Contracting Body Buyer will make an initial full evaluation of all proposals against all criteria other than those which tenders received in response to its Statement of Requirements. The Buyer will be the subject of then invite to the Electronic Reverse AuctionAuction only those Framework Suppliers whose tenders that are admissible in accordance with the Regulations. The Contracting Body invitation shall be accompanied by the outcome of the full initial evaluation of the relevant tenders. The Buyer will inform the Framework Suppliers of the specification for the Electronic Reverse Auction which shall include: the information to be provided at auction, which must be expressed in figures or percentagespercentages of the specified quantifiable features; the mathematical formula to be used to determine automatic ranking of bids on the basis of new prices and/or new values submitted; any limits on the values which may be submitted; a description of any information which will be made available to Framework Suppliers in the course of the Electronic Reverse Auction, and when it will be made available to them; the conditions under which Framework Suppliers will be able to bid and, in particular, the minimum differences which will, where appropriate, be required when bidding; relevant information concerning the electronic equipment used and the arrangements and technical specification for connection; subject to paragraph 4.5, the date and time of the start of the Electronic Reverse Auction; and details of when and how the Electronic Reverse Auction will close. The Electronic Reverse Auction may not start sooner than two (2) Working Days after the date on which the specification for the Electronic Reverse Auction has been issued. Throughout each phase of the Electronic Reverse Auction the Contracting Body Buyer will communicate to all Framework Suppliers sufficient information to enable them to ascertain their relative ranking. The Supplier acknowledges and agrees that: the Contracting Body Buyer and its officers, servants, agents, group companies, assignees and customers (including the AuthorityCCS) do not guarantee that its access to the Electronic Reverse Auction will be uninterrupted or error-free; its access to the Electronic Reverse Auction may occasionally be restricted to allow for repairs or maintenance; and it will comply with all such rules that may be imposed by the Contracting Body Buyer in relation to the operation of the Electronic Reverse Auction. The Contracting Body Buyer will close the Electronic Reverse Auction on the basis of: a date and time fixed in advance; when no new prices or values meeting the specified minimum differences required pursuant to paragraph 4.4.5 have been received within the prescribed elapsed time period; or when all the phases have been completed.