factored-cost bidding (SRM-LA)

Example: Live Auction (SRM-LA)

Feature for live auctions that enables the purchaser to assign adders and multipiers to bidders per auction line item in order to give them a competitive advantage or disadvantage.These assignments allow the purchaser to take into account factors other than price when ranking bids. For example, quality record, prior history, location, and so forth.

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Source: https://help.sap.com/doc/saphelp_glossary/latest/en-US/ff/48fb72e8f31946b69f9aa0446a92b1/content.htm