Specifications include, but are not limited to: • A customizable reverse auction solution to building auction parameters that allow for measurement of multiple award factors. • Hybrid e-auction that allows vendors to compete through providing the most favorable proposal, can be either assessed against competitors and amend accordingly for sealed bid auctions • A highly secure site to conduct auction(s) • Utilization of best practice authentication methods (e.g. PIN’s, certificates, tokens, etc.) to prevent access from unauthorized individuals and entities within and outside the state • Customizable report abilities • Have the ability to structure by category • Comprehensive audit trails for all event activities • Quick set-up of online auction • Intuitive workflow with reusable templates • Intuitive event creation and bid interfaces + real-time analytics • Real time supplier messaging & online chat.