摘要 |
A system, method and computer program product are provided for procuring business. Initially, a plurality of suppliers are registered. In use, contracts are received from customers. Such contract may take the form of an order for goods or services. The suppliers are subsequently allowed to access the contracts utilizing a network. As such, bids on the contracts may be received from the suppliers utilizing the network. Further, the customers are informed of the bids so that the bids may be accepted. Still yet, the suppliers secure a performance bond relating to the contract for reducing the risk of non-performance by the supplier. |