Abstracts: November 26th, 2003

This document from the Office of Government Commerce sets out guidance for public bodies making use of the innovative procurement technique of eAuctions. The process involves suppliers competing in real time by bidding lower as the auction unfolds. eAuctions comply with the EC Directives on Supplies and Services, Utilities and Works. They offer efficient, open and transparent negotiations either for lowest price or most economically advantageous tender, as part of a full procurement process. They give value for money efficiencies in public sector contracts. Cost savings of 20 – 25% are not uncommon.Further information and case studies on the use of eAuctions can be found in “eProcurement: Cutting through the hype”, at http://www.ogc.gov.uk/index/asp?id=2314