Bidders must submit the following documents to participate at the tender:
He said that the RCB would call the
bidders again for two other sites soon.
In order to protect the privacy of losers, all tender information of
bidders should not be revealed except for the winner.
The advertisement unambiguously stipulated that a
bidder may be awarded one or more contract packages if it submits the lowest evaluated substantially responsive bid(s) provided such
bidder meets the aggregated qualification requirements for one or more contract packages.
During the first auction, four out of 18 prospective
bidders were prequalified.
"It's a fluid situation but my best estimate is we'll announce a preferred
bidder by the end of the week."
However, when complementarity is present,
bidders in separate auctions find themselves facing a so called exposure risk (Ausubel et al., 1997; Rothkopf et al., 1998; Bykowsky et al., 2000; Chakraborty, 2004; Popkowski Leszczyc and Haubl, 2010).
The new rules
Bidders will be required to self-certify whether they have had any 'occasions of non-compliance' during the previous 10 years.
To facilitate the Auction and to assist the Debtor and the CRO in assessing the terms of each bid, prospective
bidders must work from the Asset Purchase Agreement (as defined in the Motion), to prepare their bids and mark all proposed changes to such agreement as part of their bid.
The seller's benefits to a good reputation can come in two forms: an auction can be more likely to attract
bidders and thus result in a sale and
bidders can be willing to bid larger amounts.
Bidders can make payment with credit cards, at convenient stores, or through ATMs, with the intermediary charges ranging from 178 yen (for ATM payment of less than 30,000 yen) to the fixed rate of 4.2% of the transaction (for credit card/convenience store payment of 10,000 yen or more).