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Reverse auction is a type of auction where the roles of buyers and sellers are reversed. There are many sellers to bid for supply of products or services. The lowest bidder will get the opportunity to sell.
The Specification of required goods and services are mentioned by the buyer. The Sellers bid for the supply of the specified goods and services.
This is a typical part of a sourcing or purchasing process whereby one seeks for competitive bids on a contract or supplies.
The Goods or services can be sourced at competitive price here. Send your requirements with detailed specification to email@example.com