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Discarding and Rescheduling a Forward Auction

The auctioneer can discard or reschedule a forward auction as needed. A forward auction can be discarded before it is published to bidders (till the status is Scheduled or it is in draft state). An open auction cannot be discarded, it can only be rescheduled (postponed) before the auction closure date and time is reached.

The following two sections describe the discarding of a forward auction before it is published to vendors; and rescheduling of a forward auction when it is open.

Discarding

To discard a forward auction:

  1. Log in to the IENT application.

    image-20250327-181337.png

  2. On the homepage, click the Forward Auction app.
    The Forward Auction app list view screen is displayed along with all the existing auctions, if any.

    image-20250327-181434.png

  3. Click Forward Auction ID with status as Scheduled or Saved as draft.
    The Forward Auction Details screen is displayed (the following screenshot displays an auction which is scheduled).

    image-20250327-181501.png

  4. Click Discard (or Click Discard Draft in case the auction is in draft stage).
    The confirmation pop up window is displayed.

    image-20240726-185036.png

  5. Click Yes.
    The record gets deleted from the Forward Auction app list view screen.

Rescheduling

To reschedule a forward auction:

  1. Log in to the IENT application.

    image-20250327-181337.png

  2. On the homepage, click the Forward Auction app.
    The Forward Auction app list view screen is displayed along with all the existing auctions.

    image-20250327-181624.png

  3. Click Forward Auction ID with status as Scheduled or Published.
    The Forward Auction Details screen is displayed.

    image-20250327-181654.png

  4. Click Edit.

    image-20250327-181724.png

  5. The Forward Auction End Date & Time field is enabled. Enter the new end date and time for the auction. Either of time and date or both can be modified.

  6. Click Save.
    The auction end date and time gets updated and reflects in the Forward Auction app list view screen.

    image-20250327-181757.png

    The Auction End Date & Time  also gets updated at the bidders’ end. Also, the Auction End Date & Time cannot be preponed.