Patent ID: 7853482
Filing Date: 2010-12-14
Classification: G06Q

Abstract:
1. A computer-implemented method of managing bid pricing information, comprising: receiving at a computer system transaction information and item data from a buyer; generating with the computer system a bid invitation containing entries relating to the transaction information and item data, and making the bid invitation available to a plurality of potential bidders; receiving, at the computer system, from one or more of the potential bidders bid responses containing a complex pricing structure and corresponding complex pricing amounts, wherein the complex pricing structure is selected by the potential bidders from among a group of multiple pricing structures made available to the potential bidders, and wherein the complex pricing structure is selected and supplied by each potential bidder, and the complex pricing structures supplied by two or more potential bidders include bids with multiple different pricing amounts, and each bidder provides multiple different proposals with each proposal including a set of terms governing the proposal and a set of prices for the proposal; and selecting a winning bidder based at least in part on the complex pricing amounts.