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Reverse Japanese Auction Software
Why should I use a reverse Japanese auction instead of other types ? A reverse Japanese auction is a tool to be used at the right place and time. Cost differences – If there are significant differences in cost base between bidders. Different value – If the contract is of different value to different bidders. Limited competition – If there is low market liquidity. Supplier monopoly – If there seems to be price fixing within a cartel of suppliers. Bid shadowing – Incumbent suppliers cannot shadow the leading bid.

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