A.Add each term to the event template.

B.Designate if the term is an adder, subtracter, multiplier, or percentage discount.

C.Access the Sourcing Library for a list of approved terms.

D.Create a line item within the event.

E.Set the answer type and acceptable value for all non-numeric terms.

A.40

B.50

C.300

D.255

A.Supplier submit decreasing bids and receive feedback on whether their bid will be considered via color coded icons.

B.Supplier submit decreasing bids within staggered lots that do not include overtime

C.Supplier must pass an access gate with prerequisites before participating in the full auction

D.Supplier submit decreasing bids within serial lots with durations displayed via color coded icons

A.Conditionals Sourcing Library content

B.Currency rules

C.Conditional values from other rules

D.Event type

E.Rules that are preset/hidden in a template

A.To gain a preliminary bid from each supplier

B.To narrow the list of suppliers to invite to later events;

C.To gather pricing and capability information

D.To verify if suppliers can meet the specifications