Government procurement cloud reverse bidding quotes the same way: the purchaser in the government procurement cloud platform issued the required procurement project content and budget price, by no less than three suppliers *** with the same offer, within the specified time the system automatically according to the lowest quote or the highest rate of preference to determine the principle of the transaction supplier.
Before the reverse auction, government procurement is often the supplier quotes, the unit according to the supplier's offer to choose the best offer for government procurement. The "reverse bidding" model makes the procurement process more open and transparent, and effectively solves the problem of high prices and low efficiency of government procurement.