Bidding on an ActiveBid Lot

An ActiveBid lot is an aggregation of Standard lots. ActiveBid bidding enables bidders to reduce their bids on all lots in the ActiveBid lot at one time by entering a percent bid reduction. The percent reduction is applied discreetly to all lots in the ActiveBid lot. Bidders must enter a bid for each individual lot included in an ActiveBid lot before they can enter a percent bid reduction for the ActiveBid lot.

»To bid on an ActiveBid lot

Place independent bids on all Standard lots in the ActiveBid lot.
Click the name of the ActiveBid lot open the Bid area.

In the Place Your ActiveBid % Discount field, type the percent by which you want to reduce the bids for the lots in the ActiveBid lot and click Submit.
When you submit your bid, Iasta SmartSource asks you to confirm the bid amounts before it records them. Click OK to continue or Cancel to exit without submitting. If you submitted, Iasta SmartSource displays a message letting you know that it has recorded the bid or displays an error message if it encounters a problem.