"Do not select a winner automatically" feature

Important! This feature is only available in "Auction" mode.

What does this mean?

When this setting is enabled, the offer will be removed from publication when the publication time expires or when you click "End auction" instead of automatically selecting the winner. New bids will not be accepted and all existing bids will retain their status, allowing you to manually select the winner.

This feature allows for flexible auction rounds (these are bidding iterations), for example:

• The first round: collecting bids and pre-selecting participants (checking carriers, adjusting terms, eliminating unsuitable bids);

• The second and subsequent rounds: conduct the auction itself, i.e. republishing the offer, accepting bids and selecting the winner;

• If no winner is selected and the offer is republished, a new bidding round begins.

When republishing an offer with this setting enabled, all previously received bids are retained.

If an offer with this setting is removed from publication and republished, all bids from participants are retained.

Where can I find and enable the "Do not select a winner automatically" setting?

1

When creating an offer, fill in all the required fields and select "Auction" mode in the "Rate and payment" section.

2

Fill in all the information about the price and conditions of the auction.

3

Click "Open advanced options" button and additional checkboxes will open.

4

Activate "Do not select a winner automatically" checkbox, fill in the remaining details of your offer and publish it.

5

Done! Your offer will accept bids from participants but you will select the winner manually.

What else is useful to know?

• When creating an offer template, the state of this setting is saved in the template.

• When creating a duplicate offer, the state of this setting is saved.

• Offers with this setting are archived manually by the user running the auction.