What is an eBid Auction?
eBid* is a professional sourcing service for buying organizations, giving them the opportunity to receive times more suppliers and times more offers at much lower prices for the goods and services they purchase
The eBid (so called reverse auction - request for quotation to multiple Subcontractors at once) gives the Buyers the possibility to post what they need to buy, including all their terms, quality and service level requirements, and to receive and compare price quotations from different Subcontractors**. The eBid Auctions can only be generated by the companies registered as a Buyers with a Premium subscription. The eBids are made so that the Buyers can receive and compare price quotations for the production of items or performing specific services from multiple Subcontractors*.
The description, reqirements and conditions for the delivery of the items or services are set by the Buyer who generated the eBid.
* eBid auctions are generated only in English language due to the specific terms used in the item or service specification
**only Subcontractors from Europe can register their companies as Subcontractors