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E-Auction

An online procurement event where suppliers submit or revise bids electronically in real time, most commonly a reverse auction.

An online procurement process in which suppliers submit or revise bids electronically during a competitive event. Electronic auctions are commonly used to compare prices or other quantifiable evaluation criteria in real time. A reverse auction, in which suppliers compete by lowering their prices, is the most common form of e-auction.

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This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
This session covers how to run proposal review gates that consistently strengthen drafts through structured feedback and resolution tracking.
Stage Gates, now live in VisibleThread's proposal management software, put a checkpoint at every stage boundary on your Tracked Opportunities and Proposals boards. Before a card can move forward, the person moving it has to answer the questions your team defined for that transition. The answers save against the card, permanently.

Related Glossary Terms

The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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