Aucto Help Center

How Do I Submit an Offer in a Tender?

In order to submit a sealed bid in a tender, you must complete the following steps. Please note unlike a standard auction on Aucto.com the lot timer does not extend if a bid is submitted within the final minute before closing.

Step #1 

Navigate to the tender you wish to participate in. Once you have found the Tender with a lot you wish to submit your bid on. Once on the tender, you will see a blue “Register to Bid” button click this button

1 step

Step #2

 After clicking the “Register to Bid” button you will be directed to the registration form. Please ensure all applicable fields in the form are filled including “Credit Card Number” and “Expiry Date”. Once all fields are completed click the Blue “Register for Tender” button.

2 step

step 2 a

Step #3

After completing the registration form you must agree to the seller’s terms and conditions. Make sure you review each term closely. If you agree to the terms and conditions simply click the “I Agree” button.

step 3-1

Step #4

After agreeing to the seller’s terms and conditions you must review and agree to the Aucto terms and conditions. After reviewing these terms if you agree simply click the “I Agree” button

Tenders Terms & Conditions

Step #5

After agreeing to the terms your registration will be submitted to the seller. The seller can choose who can bid in their tender. Most buyers get approved to participate within 24 hours.

Step #6 

Once approved to bid simply navigate to the lot in the tender you wish to submit an offer on and click the green “Submit Sealed Bid” button.

step 6

Step #7

After clicking the Submit Sealed Bid button you will see a pop-up title Place Sealed Bid. Here you can enter the amount you wish to bid. Once you have entered the amount you wish to bid press the “Place Sealed Bid” button. You will then see a reminder of the Seller’s terms and conditions and be required to press the “I Agree” button if you wish to proceed. After the seller’s terms and conditions, you will be reminded of the Aucto terms and conditions. Click the “Agree and Place Sealed Bid” if you wish to finalize submitting your bid.

step 7

You have now successfully placed your sealed bid. You can tell this because on the lot you placed your bid on it will now have an orange Update My Bid button with your current bid listed below.

If you have any questions regarding Submitting a Sealed Bid in a Tender or would like to learn more about Tenders simply contact Aucto support by emailing: support@aucto.com or calling +1 (844) 326-7305.

Related Questions

Can I Withdraw my Bid in a Tender?

Can I Change My Offer in a Tender?

What Do I Do After a Tender Ends?

 

Recent Posts

Aucto Team Update - Welcome to the team, Fiona Chan!
Aucto Team Update - Welcome to the team, Fiona Chan!

Fiona joins Aucto as its Director of Marketing and has over 15 years of experience in B2B brand development, lead generation, and digital marketing.

Risk Management, Compliance and Asset Sales
Risk Management, Compliance and Asset Sales

Over the last 15 years, I have had the opportunity to speak with numerous organizations that are seeking to implement or improve their asset recovery programs.

Aucto has been selected as a finalist in Automotive Venture’s AutoTech’s Got Talent pitch competition
Aucto has been selected as a finalist in Automotive Venture’s AutoTech’s Got Talent pitch competition

We are incredibly excited to have made it as a finalist on the innovative AutoTech’s Got Talen pitch competition

Aucto Announces Seed Funding Round from NFX and Motivate Venture Capital
Aucto Announces Seed Funding Round from NFX and Motivate Venture Capital

The team at Aucto is excited to celebrate a milestone today. We are announcing our seed funding round which will give us the ability to continue to build on the growth our company has experienced over last few years.

Our New Aucto Website is Live!
Our New Aucto Website is Live!

Today marks a huge milestone for the Aucto team as we launch a fresh new look for our website. We are excited to announce our new website is now live!