What happens after a reverse auction ends?

Bidding is closed.

When an auction ends firms are no longer able to submit bids. A client then has four options:

1. the client may do nothing, in which case the Request status is Not Accepting New Proposals
2. the client may choose to Accept a proposal, in which case the successful and unsuccessful firms will be notified accordingly. The client may accept multiple proposals.
3. the client may Close the Request. The client may or may not have accepted a bid.
4. the client may Reopen the closed Request and communicate with bidding firms regarding revising and submitting further bids. The client will set the visibility of the bid comparator: either Ranking number only or Rank + price can be shown.