20 May 2002 | Robin Parker
Two utilities companies have held one of the industry's largest e-auctions for the renewal of vehicles contracts.
United Utilities and Scottish Power jointly awarded the £150 million contract for the sourcing of cars, light commercial vehicles and trucks to Vauxhall and DaimlerChrysler.
The auction, in which 14 companies bid, was the first to demonstrate new functionality of the Eutilia e-marketplace, following its purchase of technology from Dutch company Econia.
The eSource tool allows buyers to make whole-life comparisons on bids for goods and services, including operating costs, service delivery ability and, in this case, environmental and geographical factors.
Doug Bridson, procurement director at Scottish Power, said the multi-variable options open in auction events on the marketplace made the bidding process fair.
"It provided a virtual marketplace for buyers in geographically dispersed locations to fulfil procurement requirements quickly and securely," he said.www.eutilia.com