....is an on-line trading platform where those needing water resources can post their requirements to suppliers needing to dispose of produced or previously used waters.
....facilitates the logistics necessary to bring Sellers, Buyers and Auxiliary Service Providers together for the purpose of concluding successful buy/sell transactions.
....allows participants to quickly locate and respond to potential project partners, identifying the buy/sell options necessary to remain competitive yet ensure sustainable water supplies.
....offers suppliers and users of water the opportunity to participate in the seamless functionality of the water tap Market Floor either as Hosts, by posting volumes of water offered for sale or requested, or as Bidders, by responding to postings...
- As a registered Seller of water supplies in an auction event: post volumes available for sale and receive offers from potential Buyers based upon product characteristics and price.
- As a registered Buyer of water supplies in an auction event: post requests and receive offers from Sellers to supply water that meets the specifications required; where product specifications differ between those requested and offered, purification auctions are automatically opened within a unique and seamless, multi-level trading platform, followed by transportation auctions, to provide consolidated, least-cost delivered price options to the Buyer.
- As a registered Auxiliary Service Provider: monitor the supply/demand specifications of the water supplies being offered for sale, then bid to provide the purification, transportation, compression or storage service components which may be required to effectively deliver the product to the Buyer; also monitor direct requests for Auxiliary Services which may be required by either Buyers or Sellers.
- Transactions are deemed 'successful' upon acceptance by the auction Host.
Producers and users of water will receive the additional benefit of company specific volume monitoring through participation in the water tap Market Floor and the completion of successful transactions. Volumes traded through the Market Floor are tracked and available for downloading by registered producers and users at their convenience.
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