Secure teleprocessing bidding system
First Claim
1. A transaction processing system for conducting a secret competitive bidding procedure for at least one project having at least one division;
- said system including means for receiving at least one bid for said at least one division from at least one bidder;
each bid including fields identifying the bidder, the bid recipient, the project, the division, and the bid amount;
means for retrieving and storing each bid;
means for refusing to accept bids on at least one project beyond a predetermined date;
means for generating a bid recipient report for each bid identifying that bid recipient sorted by project, division, and bid amount;
said bid recipient report including fields identifying the bidder, the project, the division, the amount of the bid;
means for communicating said bid recipient report to said bid recipient after said predetermined date;
means for generating a bidder report for each bidder of each bid received for the project and division for which said bidder submitted a bid;
said bidder report including fields identifying the bid recipient, the project, the division, and the bid amount; and
means for communicating said bidder report to said bidders at a second predetermined date.
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Accused Products
Abstract
An improved system and apparatus for conducting secret bidding procedures. The apparatus provides for the reception of bidding data for a particular bid recipient in a particular division of a particular job. Once received, this information is stored and processed electronically. The bid information is collected until a preset date when the system automatically transmits a bid report detailing the bidders and their associated bids to each bid recipient. At a second preset date the system transmits a bid comparison report revealing only the amount of each bid to each of the bidders who submitted a bid for the particular division.
830 Citations
15 Claims
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1. A transaction processing system for conducting a secret competitive bidding procedure for at least one project having at least one division;
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said system including means for receiving at least one bid for said at least one division from at least one bidder; each bid including fields identifying the bidder, the bid recipient, the project, the division, and the bid amount; means for retrieving and storing each bid; means for refusing to accept bids on at least one project beyond a predetermined date; means for generating a bid recipient report for each bid identifying that bid recipient sorted by project, division, and bid amount; said bid recipient report including fields identifying the bidder, the project, the division, the amount of the bid; means for communicating said bid recipient report to said bid recipient after said predetermined date; means for generating a bidder report for each bidder of each bid received for the project and division for which said bidder submitted a bid; said bidder report including fields identifying the bid recipient, the project, the division, and the bid amount; and means for communicating said bidder report to said bidders at a second predetermined date. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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Specification