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  2. Illinois Freedom of Information Act - Wikipedia

    en.wikipedia.org/wiki/Illinois_Freedom_of...

    The Illinois Freedom of Information Act (FOIA / ˈ f ɔɪ j ə / FOY-yə), 5 ILCS 140/1 et seq., is an Illinois statute that grants to all persons the right to copy and inspect public records in the state.

  3. Mecum Auctions - Wikipedia

    en.wikipedia.org/wiki/Mecum_Auctions

    Mecum Auctions, Inc. is an American auction company specializing in collector cars and motorcycles. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois . Since 2011, it has been headquartered in Walworth, Wisconsin .

  4. Auction sniping - Wikipedia

    en.wikipedia.org/wiki/Auction_sniping

    Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper.

  5. How to Use Treasury Direct to Buy Government Bonds - AOL

    www.aol.com/news/treasury-direct-buy-government...

    With a noncompetitive bid, you are essentially saying you will accept the rate/yield/discount margin at the conclusion of the auction. You are able to spend up to $5 million on a noncompetitive bid.

  6. Vickrey–Clarke–Groves auction - Wikipedia

    en.wikipedia.org/wiki/Vickrey–Clarke–Groves...

    A Vickrey–Clarke–Groves (VCG) auction is a type of sealed-bid auction of multiple items. Bidders submit bids that report their valuations for the items, without knowing the bids of the other bidders. The auction system assigns the items in a socially optimal manner: it charges each individual the harm they cause to other bidders. [1]

  7. RB Global - Wikipedia

    en.wikipedia.org/wiki/RB_Global

    In 1968, Ritchie Bros. Auctioneers held its first auction with gross proceeds in excess of CA$1 million, in Edmonton, Alberta, Canada. [4]: 39 Edmonton was also the site of the company's first permanent auction site (on company-owned land), which was established in 1976. Until then, Ritchie Bros. had been conducting its auctions on leased land.

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  9. Reverse auction - Wikipedia

    en.wikipedia.org/wiki/Reverse_auction

    For business auctions, the term refers to a specific type of auction process (also called e-auction, sourcing event, e-sourcing or eRA, eRFP, e-RFO, e-procurement, B2B Auction). Open procurement processes, which are a form of reverse auction, have been commonly used in government procurement and in the private sector in many countries for many ...