HOSTED THIRD - PARTY REVERSE AUCTION SERVICE PROVIDER

2026-11-03

The City is interested in contracting with a firm who shall provide online , real - time reverse auction services using a contractor - hosted website . REVERSE AUCTION SOLUTION REQUIREMENTS : Solution requirements will have , but are not limited to , the following abilities : Allow bidders / proposers to register and submit pricing responses through the proposed solution electronically . Allow bidders / proposers to pay the contractor directly for any fees associated with participating in the reverse auction . Evaluate pricing off of individual item price , group of items , percentage discount , or catalog pricing . Ability to extend the reverse auction during the auction event to allow for counter offers . Example : a bid coming in within five minutes of the closing time of the reverse auction will extend the auction for another five ( 5 ) minutes until all bidding ceases . Ability to accept and for the City to identify the minimum bid decrements . Proposed solution should allow for pricing to be modified up to one , ten - thousandth of a dollar . ($ 0 . 0000 ). Ability to group items into lots or groups of items and the ability to allow for auctions with thousands of Line - Items and responses within one solicitation . Ability to rank and show current low prices for the low bidder / proposer during the auction event . Ability to keep the bidder / proposer information anonymous during the live bidding event and allow for the bidders / proposers to see the bid tabulation after the completion of the auction ( after City approval ). Ability to provide the City with a tabulation of the results of the auction in an excel format . Ability to load items awarded directly into the City ’ s financial solution through CGI Advantage Version 4 . 0 . MINIMUM REQUIRED REVERSE AUCTION SERVICE REQUIREMENTS The services of the Contractor will consist of , but are not limited to : Reverse auction opportunity selection consisting of ; assisting with expiring contract analysis and selection , existing contract price benchmarking and targeted market research . Upon selection of solicitations and contracts suitable for reverse auction the Contractor will provide solicitation preparation consulting consisting of ; bid / proposal and pricing strategy , sourcing strategy and requirements , and solicitation project timeline development ...

Arizona

2026-03-27