Process: Create bid control rules

Flow

Legend

Create bid control rules

Objective

To create bid control rules.

Description

Bid rules determine how bidding is allowed to proceed for Open Cry and Sealed Bid auctions.

A bid rule may have the following:

Seller can create a new bid control rule, modify or delete existing bid control rules.

Features

Edition

Professional, Business, Express Edition

Tasks

Task Description Role
Specify bid control rule detail

Specify detail of the bid control rule such as name, description, associated auction type, minimum bid value and minimum bid quantity, minimum bid increment within specified price ranges (for Open Cry auctions).

Seller
Specify auction type

Specify the types of auction such as Open Cry auctions, Sealed Bid auctions, and Dutch auctions (Dutch auction type cannot be specified in bid control rule).

Seller
Submit bid control rule creation

Submit bid rules determine how bidding is allowed to proceed for Open Cry and Sealed Bid auctions.

Seller

Business artifacts

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