Article 54. Procedure for Holding an Auction

An auction shall be held in the electronic public procurement system by stepwise reduction of the starting price.

Course of the auction, provision of access to the auction for each lot in accordance with the amount of security deposited, determination of the winner of the auction, registration of the transaction and formation of the contract shall be carried out automatically by the electronic public procurement system.

In the course of auction, participants shall have the right to submit price offers an unlimited number of times during the entire period from the moment the auction begins to the moment it ends.

The name and contact details of the participants shall not be displayed in the electronic public procurement system until the moment the winner of the auction is determined.

When the end time of the auction comes, the electronic public procurement system shall automatically determine the offer with the lowest price submitted during the auction. The participant who submitted the proposal with the lowest price shall be selected by the electronic public procurement system as the winner of the auction. The name of the executor shall be displayed in the electronic system of public procurement, which shall automatically register the completed transaction and form a contract in accordance with the conditions set forth in the application of the state customer.

In the event that the fulfillment of contractual obligations based on the results of the auction is rejected by the participant of the procurement procedure, the electronic public procurement system shall designate the participant who offered the next lowest price after the winner as the winner, in which case the said participant shall be offered to conclude a contract based on the price offered by the winner.

If the participant who offered the next lowest price after the winner rejects the conclusion of a contract, the state customer may carry out the procurement through the electronic shop (within the criteria established in Article 49 of this Law) or the simplified procedure for small-value procurement (within the criteria established in Article 511 of this Law) or the selection of the best proposals in accordance with the requirements of this Law.