| 000 | 01076cam a2200229 4500 | ||
|---|---|---|---|
| 001 | WB3806-05 | ||
| 008 | 020212n2002 000 0 eng u | ||
| 035 | _a(Sirsi) u116693 | ||
| 245 | _aMore clients adopt online bidding | ||
| 260 | _c2002 | ||
| 490 |
_aBuilding _v267(8220) 8 February 2002, 16(1) |
||
| 520 | _aCable & Wireless and BP are the latest construction clients to consider the online procurement process known as 'reverse auction bidding' . The process involves the client inviting prequalified firms to tender for work on the internet and displaying the lowest bid on a website just before the auction starts. Firms have 45 minutes to undercut this figure. Specialist contractors argue that the process undermines Egan principles and want to stop reverse auctions spreading through the industry. | ||
| 590 | _aWB | ||
| 650 | _aONLINE BIDDING | ||
| 650 | _aINTERNET | ||
| 650 |
_aProcurement _96260 |
||
| 650 | _aCONSTRUCTION CLIENTS | ||
| 650 | _aCONSTRUCTION INDUSTRY | ||
| 650 | _aREVERSE AUCTIONS | ||
| 690 |
_aProcurement _96260 |
||
| 942 | _n0 | ||
| 999 |
_c69499 _d69499 |
||