Broadband Reverse Auction

Tilson built a reverse auction processor for grant award administration that provides a framework to design and conduct a customized reverse auction, wherein the 'lowest' bid wins. The reverse auction application easily complies with grant requirements by defining input items to be bid on, per-item prices, weighted categories, and any many other parameters. It simple to customize and adjust parameters, run multiple scenarios, qualify bidders, and select awardees.Tilson built a reverse auction processor for grant award administration that provides a framework to design and conduct a customized reverse auction, wherein the 'lowest' bid wins. The reverse auction application easily complies with grant requirements by defining input items to be bid on, per-item prices, weighted categories, and any many other parameters. It simple to customize and adjust parameters, run multiple scenarios, qualify bidders, and select awardees.

The reverse auction that Tilson has built has adjudicated more than half a billion dollars in state and federal grant awards. The features of the reverse auction are as follows:

• Create and test different scenarios against your auction settings
• Run multiple auctions simultaneously
• Implement conditional logic across parameters and auctions
• Adjust auction settings to accommodate your project needs
• Add custom parameters and ensure compliance with any specific grant requirements
• Quickly and efficiently run complex and highly customizable reverse-auctions
• Customizable analytics tools to help inform your bid-selection
• Advanced reporting to fully document and support your auction and awards.