Can e-auctions work when there are multiple organisations?
Yes. E-auctions are being used within government to bring together multiple participants, or stakeholders, who wish to buy similar goods or services. By grouping together they are able to benefit from each other’s skills and experience, go to market with more business and ultimately get a better deal. To cater for specific differences of requirements within a particular category, e-auctions will divide goods or services into ‘lots’, allowing the bespoke requirements to be met, whilst still benefiting from being in a grouped e-auction.
