The new format allows buyers to submit closed price proposals for the entire volume of a lot without setting a starting price. Throughout the entire tender period, participants cannot see their competitors' bids. Once the submission period ends, the seller receives access to all price proposals and selects the winner.
Key Advantages of the New Format
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Formation of a real market price;
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Confidentiality of commercial terms;
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Minimization of dumping and price manipulation;
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Sale of the full lot volume to a single buyer.
The Closed Tender can be effectively used for selling agricultural products, metal and raw materials, fuel, wholesale batches of goods, as well as within large B2B contracts and industrial procurement.
The launch of the Closed Tender is another step in Gazotrade's development as a modern Ukrainian platform for electronic tenders. The platform's team continues to improve its functionality and introduce new tools that meet business needs and promote the formation of transparent market mechanisms.
About the Platform: Gazotrade is a Ukrainian electronic tender platform created to organize transparent and efficient tenders in the energy, fuel, raw materials, and other commodity markets. The platform is constantly improving in line with business demands and market participant requests.
We invite companies to try out the new format and evaluate its benefits in practice.
Visit the platform's website at https://gazotrade.ua/ and subscribe to updates on Facebook, LinkedIn, or the Telegram newsletter at https://t.me/Gazotrade.
For cooperation inquiries, please contact support@gazotrade.ua.
