Marketplace Rules

Purpose

These rules govern participation in the BizExchangeX procurement marketplace.

Buyer Responsibilities

Buyers must:

• Submit accurate procurement requests
• Evaluate bids fairly
• Maintain confidentiality
• Comply with applicable laws
• Avoid discriminatory practices

Vendor Responsibilities

Vendors must:

• Maintain accurate profiles
• Submit truthful bids
• Honor accepted commitments
• Maintain required licenses and certifications
• Keep coverage and product information current

Fair Competition

Users may not engage in:

• Price fixing
• Collusion
• Fraudulent bidding
• Misrepresentation
• Bid manipulation
• Market interference

Confidential Information

Users must protect confidential information obtained through the platform.

Confidential information may only be used for authorized procurement activities.

Procurement Integrity

Participants must:

• Act in good faith
• Avoid conflicts of interest
• Respect procurement timelines
• Maintain accurate records

Enforcement

BEX may suspend or terminate access for violations of these rules.

Contact Information

compliance@bizexchangex.io

Revision History