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2022

Prozorro.Sale marketplace: start your e-auction business �

or �How trust and digital technologies helped to achieve better governance in Ukraine

b2b auctions

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What Prozorro.Sale is ?

PSale is an international ecosystem of e-auction companies, which provides access to sell and lease of state, municipal and big corporates’ property.

PSale ecosystem gives access to existing auctions and procedures in the country of the selected geography and the ability to organize new property management processes and boost competition with the help of all PSale’s marketplaces. ���PSale ensures that any business can have a clear process of pricing and transfer of state, municipal and big corporates’ ownership.

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Prozorro Sale database is filled with offers

Marketplaces have access to all offers and bids submitted by system by open API

Prozorro.Sale database

Marketplace

API

How Prozorro.Sale works

Marketplace

API

Amazon Web Services

High Availability

Open Source

1 level

Business and community

Business and community

2 level

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How to start your marketplace ?

Select Vendor

Testing of software

Deploy procedure and setup e-commerce process

Profit

Fee for Administrator’s testing your software - $3,5 k

Deploy your product �� - office rental (from $800 per month�- management (IT, Legal, call-center)�- marketing (from $500 per month) �- regular technical improvements (from $500 per month)

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2-5 % commission fee per deal (depends on the market)��30% of marketplace’s commission goes to PSale

Develop software by yourself or select one of the existing software providers - (from $8 k per backend software)

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Business you receive

English Forward Auction �(3-round basic)

The most popular in Prozorro.Sales ecosystem, used for the sale of any assets (real estate, cars, scrap, special equipment):

  • 3 rounds�
  • during each round the participant has 3 minutes to raise the bet�
  • The average auction duration is 1-2 hours�
  • min. 7 days. - exposure period�
  • the starting rate is not less than the starting price

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Business you receive

Dutch auction (reduction)

The starting price of the lot during the entire auction is gradually reduced from 100% to 20% at certain intervals in automatic mode. The reduction will continue until one of the players "gets nervous" and presses the "buy" button.�

  • reduction by 1% per step�
  • price reduction period takes 5-6 hours
  • more efficient for a type of asset, which it is difficult to determine the market price for.

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Business you receive

Auction with closed offers

It generates an unlimited number of contributions during definite time. Suitable for raffles.�

  • the auction itself does not take place
  • size of min. contribution is determined in the terms of the auction
  • the duration of the collection is determined in the terms of the auction
  • after the collection of contributions of all participants, proposals become public

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E-auction process

Lot preparation

Advertisement

E-auction

Protocol and contract

Payment

Lot transfer

Seller

Seller & Marketplace

Prozorro.Sale

Seller| Marketplace| Buyer

Buyer (winner)

Seller to Buyer

The Seller chooses any of the accredited Marketplaces of the PSale system.

Through the Marketplace’'s interface, the Seller makes a sale announcement in accordance with the approved conditions.

All interested Buyers submit their applications for participation in the auction and pay guarantee fee.

On the day of the auction, all participants receive a link to participate in the auction.

The auction is public.

Before the start of the auction, information about the participants and their bids is unknown.

After the end of the auction, all information about the participants is disclosed.

Whoever offers the highest price for the lot - wins.

After the auction, the winner signs the bidding protocol, followed by the sales contract.

In case of refusal to pay, the right of redemption passes to participant #2.

If the 2nd participant refuses to buy, a repeat auction is announced.

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The winner (Buyer) makes payment to Seller for the lot.

- starting price��- terms of exposure�

- terms of sale�

- determination of guarantee fee �

- restrictions (if any)

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The Seller transfers the asset to the new owner in accordance with the terms specified in the contract

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Enjoy being a part of Winning team

C5 «Shield in the cloud award» Innovation Challenge (link)

UN Public Service Award: Enhancing the effectiveness of public institutions to reach the SDGs

Apolitical “Doing More for Less” Nomination: Global Public Service Team of the Year Award (link)

2021

2020

2019

2018

2017

Open Government Partnership: OGP Impact Award (link)

2022

2022

Key ukrainian marketplaces