How To Conduct An Auction

Table of contents:

How To Conduct An Auction
How To Conduct An Auction

Video: How To Conduct An Auction

Video: How To Conduct An Auction
Video: Live Auction Practice : Freestyle Bid Calling 2024, April
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From time to time, an auction is held to find an organization that will fulfill a state or municipal contract. The winner is the company that offered the lowest price. Currently, there are convenient services that allow you to conduct open auctions over the Internet.

How to conduct an auction
How to conduct an auction

Instructions

Step 1

Create a tender committee and issue an order for an auction. This must be done before the tender is posted. The commission must include at least 5 people. Start developing the notice, tender documentation and determine the initial bid price. Indicate in your ad a brief description of the goods or services offered.

Step 2

Submit a publication about the start of an open auction, as well as tender documentation. It should be borne in mind that changes to the tender documentation can be made no later than 20 days before the end of the submission of applications, and all changes must be announced and published. You can cancel the competition 15 days before the deadline for accepting applications.

Step 3

Open the application envelopes. Do this in one day by noting all the data in the protocol. Remember that the customer must keep an audio recording of the autopsy for three years.

Step 4

Review all bids for the auction, make sure that the information provided in them is correct. This should take no more than 10 days. Match bids, select a winner, and publish a protocol for matching bids and their scores.

Step 5

Give the winner the contract and one copy of the protocol. This takes 3 days. If the winner of the auction refuses to conclude a contract or pay for the goods, the organizers of the auction have the right to compel him to perform his duties in court. An agreement may also be signed with the second best applicant. Price adjustment is allowed, but it should not exceed 5 percent of the declared price and applies only to works and services.

Step 6

The auction is considered invalid if only one application has been submitted for it. In this case, the organizers have the right to conclude a contract with a single participant if his application meets the requirements and conditions of the auction, and the offered price does not exceed the initial one.

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