A system and method of transformation bidding in an electronic auction system. The system acquires lot data including tooling information for a lot, receives a bid from a bidder, and transforms the lot data and the bid into a true cost of procuring the lot from the bidder. The system also presents the...http://www.google.co.uk/patents/US7840476?utm_source=gb-gplus-sharePatent US7840476 - Transformation bidding with tooling requirements
