Methods and computer readable storage medium for conducting...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping

Reexamination Certificate

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C705S027200, C705S037000

Reexamination Certificate

active

07376593

ABSTRACT:
Systems and techniques to create and conduct a reverse auction include creating a reverse auction object having a number of components; and copying information from a number of components in a Request for Quotation (RFQ) object into corresponding components of the reverse auction object. Bids received for the RFQ may be copied into the reverse auction object, and information in the bids may be validated. If the bids do not include information required for the reverse auction object, the bid may be marked as incomplete.

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