eAuctions

Next steps

Make sure you are familiar with some of the basic principles of eAuctions:

• eAuctions are an appropriate tool in many competitive procurements.
• eAuctions are not about price alone.
• The contract needs to be of a value that will attract competition.
• eAuctions require a clear and concise statement of requirements.
• Initial price proposals are needed.
• Commercial sensitivities must be respected.

Questions to Ask Now

• Do I have a new requirement / When does our contract expire?
• Can the requirement be specified accurately?
• Do I know the current market price?
• Are there a number of suppliers that can satisfy the requirement?
• Is it a buyer or a seller's market?
• What are the margins and pricing features associated with this market?
• Are you willing / able to change from your incumbent supplier?

Review the resources and guidance available

Further information regarding the Buying Solutions Electronic Reverse Auction Framework can be found at http://www.ogcbuyingsolutions.gov.uk/RAF/default.asp

Further information and case studies on the use of eAuctions can be found in "eProcurement: Cutting through the hype" and within the eProcurement Case Studies section of the OGC website.

Make sure you understand the eAuction Decision Tool and the eProcurement Assessment Tool.

If you would like any additional information, please contact the OGC eProcurement Team via the Service Desk on 0845 000 4999