Transformation bidding with tooling requirements

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

Reexamination Certificate

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Reexamination Certificate

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07840476

ABSTRACT:
A system and method of transformation bidding in an electronic auction system. The system acquires lot data including tooling information for a lot, receives a bid from a bidder, and transforms the lot data and the bid into a true cost of procuring the lot from the bidder. The system also presents the true cost to a sponsor.

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