Auction

Resume

tip

Once the forecast has been build, Cenabast creates a public bidding auction in Mercado Público website.

Auction

Auction

👉 There is 1 public auction per product. The consolidated forecast is sold to the best buyer.
👉 Multiple Vendors (Laboratories) participate in the bidding auction.
👉 Typically the lowest bidding price wins the auction. (Depends on other factors also, like delivery, etc)

Public Auction real example

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The following is a public real auction.

Auction ID: 621-214-LR23
Auction URL: Link
Actual status: awarded
Auction product: LOSARTAN 50 MG CMCM REC 1000018074
Auction Awarded Vendor: OPKO CHILE S.A., RUT 76.669.630-9
Auction Awarded Price: 9,7 CLP per pill.
Auction Awarded QTY: 1.330.027.794

📸 Auction bidding comparison image

👉 Next step it to award the bidding auction and sign a contract.