Yankee Style

Yankee Style


In Yankee style tenders, the starting amount identified by the procurement officer will automatically increase in predefined time intervals. Participants enter the information on the quantity they commit to supply within the current price level and continue to accept the bid. Participants can enter quantities for price levels displayed on the screen until the procurement quantity defined for the tender is reached.

 
You can enter a quantity in field (1) on the image, and complete the action by clicking on the Accept the Bid button (2).

To place a bid, you just need to click on the Accept the Bid button and then click on “OK”.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

0 comments

Please sign in to leave a comment.