The timer would be increased during the live negotiation in the following cases:
Buyers have access and option to reduce & increase the time during negotiation.
In the last 2 minutes of the negotiation process, if a supplier bids and if there is any change in a Supplier rank position due to the latest bid, the system will increase the time by 1 minute automatically to help all the participants to submit their new bids.
In the last 2 minutes of the negotiation process, if a supplier bids and if there is too close a bid error for a supplier during the new bid submission, the system will increase the time by 30 seconds automatically to allow the supplier to submit their new bids.
Buyers have the option to stop Negotiation during the negotiation window, this usually happens if the buyer meets his price expectations or wanted to close the negotiation immediately. When a buyer opts for Stop Bid, then the timer would be auto-set to 1 minute with a notification to all vendors stating that irrespective of competition the timer will close in the next one minute.
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