Weighted Auction - Price Weighting

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SOFTONE cosmoONE Marketsite

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This auction type shows the winner in the best sum of supplier bid and buyer charge. The Weighted Auction with price weighting, concerns the supply of a single good or service, for selection of a contractor based on the best bid from an overall financial point of view, based on the optimal sum of the price offered by the supplier and the indirect cost budgeted by the buyer, and charges the supplier's bid.
Learn more: bit.ly/3UjC9NF

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