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OF. No. ETL03/15 16 DATE. 10/10/2015 ON LINE FORWARD AUCTION NOTICE 1. The MDC wishes to offer the following scrap materials for immediate DOMESTIC sale through online forward auction process. (i)
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Online forward auction is a type of auction where sellers offer products or services and buyers place bids to purchase them. The price typically starts high and goes down until a buyer accepts the price.
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Anyone wishing to sell products or services through an online forward auction platform is required to file.
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To fill out an online forward auction, sellers typically need to provide a description of the item or service being sold, starting price, bidding increments, and auction duration.
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The purpose of an online forward auction is to sell products or services to the highest bidder, allowing sellers to maximize profits and buyers to get the best price for the desired items.
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Information such as item description, starting price, bidding increments, auction duration, and seller's terms and conditions must be reported on an online forward auction.
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