Conduct an e-Auction

ANKÖ eAuktion – Contracting Authorities Profit from Competitive Offers

Online auctions – conduct electronic auctions in real time! Boost competition among bidders and benefit from it. Online auctions are a valuable aid in the procurement of standardised and comparable products, i. e. when the most economical offer can be objectively measured. As a contracting authority, you observe the offers of the bidders at the online auction and can compare prices and services in a clearly arranged form. An online auction not only boosts the economy, but this type of procurement is also practical, simple and secure.

Contracting authorities can quickly and easily start eAuctions in six steps.

An electronic auction may be the most appropriate way of procuring standard products and contracts at the lowest cost where the most economically advantageous bid can be measured objectively. It is an English reverse auction, meaning that:

• the bids are disclosed without delay (in real time), with the possibility of subsequent improvements to the bids;
• the prices fall in the course of the auction.

The auction platform provides real time information to the bidder:

• the current lowest price
• all bid prices of the bidder with a timestamp
• the bidder’s current rank based on their last bid
• a message, if their bid is invalid
• interruption, continuation or cancellation of the auction

The names or number of auction participants are not displayed.