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The pre-bid analysis is carried out by an investment bank using financial and strategic analysis and valuation and is presented as the fairness opinion. The strategic analysis determines post and pre-merger market share, product portfolio, changed market dynamics, operational value chain, and branding.
These bidders can be other SSPs, DSPs, ad servers and other ad networks. These bidders then send a bid response in return with the price theyre willing to pay. Pre-bid is before or during the time when the bid request is sent to the bidders.
An offer made before the auctions start date. The offer period ends, however, 48 hours before the event startso if youre really interested, get your offer in early.
Once an item is placed for sale, the auctioneer will start at a relatively low price to attract a large number of bidders. The price increases each time someone makes a new, higher bid until finally, no other bidders are willing to offer more than the most recent bid, and the highest bidder takes the item.
In a formal auction process, the CIM lays out a timeline for discovery, initial bids, site visits, final bids, etc. A formal auction is appropriate when we are certain that we will have multiple bidders or when speed is critical. In an informal process, dates are set later on.
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The pre-bidding process allows you to dictate the beginning of the auction at least until the highest pre-bid is made available. In the pre-bidding process you will also be able to set a maximum bid if you will not be able to be at your computer during the real-time bidding.
Pre-bid meetings are usually held a week or two before the invitation to bid or request for proposals are announced. This gives you enough time to prepare any questions you may have. Study the solicitation documents and be ready to engage with the owner when the time comes (more on that below).
Pre-bidding allows you to preset your max overbids ahead of time and will go into the live auction for you. Different states may have different requirements regarding pre-bidding. Also, bid increments may be different from county to county.

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