Pregón Purchasing System - Reverse Auction

Beneficiary

Uruguay

State Procurement and Contracting Agency

From 2015 to 2016
Public Purchases

This project involved implementing a module for Uruguay's State Procurement System to implement the Pregón (Reverse Auction) modality.

It is a procedure similar to an auction, but based on a detailed and precise specification of the product to be acquired, bidders bid at decreasing prices within a predefined and published period of time so that all interested parties are aware of it.

Some of the benefits expected to be achieved with this new procedure are:
- Increase the transparency of contracting.
- Reduce contracting times.
- Facilitate the standardization of products purchased by the State.
- Allow suppliers to improve their offers in real time.

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