|
Auction Timetable: OLA2010-1 |
|
Auction Stage |
Dates |
| Catalogue publication: OLA2010-1 |
Wednesday 22 September 2010 |
| Qualification Application Closing Time |
5pm, Wednesday 6 October 2010 |
| Executed Deed Poll Closing Time |
5pm, Wednesday 6 October 2010 |
| Executed Bidder Agreement Closing Time |
5pm, Wednesday 6 October 2010 |
|
Auction OLA2010-1 |
Tuesday 26 October 2010 to Wednesday 27 October 2010 |
| Issue of Schedules to Terms and Conditions for Timber Sales |
Thursday 28 October 2010 |
| Closing Time for lodgement of Auction Security |
Friday 12 November 2010 |
| Publication of Auction Results |
Monday 15 November 2010 |
|
Auction Schedule: OLA2010-1 |
| Auction
Stage |
Date |
Start Time |
End Time |
| Bidder Profile Update Period |
Tuesday 26 October 2010 |
8.00 am |
9.25 am |
| Lot Registration |
Tuesday 26 October 2010 |
9.30 am |
12.00 am |
|
Activity Round Schedule
|
| Auction Start |
Tuesday 26 October 2010 |
1.00 pm |
|
| Round 1 |
Tuesday 26 October 2010 |
1.00 pm |
1.45 pm |
| Round 2 |
Tuesday 26 October 2010 |
2.00 pm |
2.45 pm |
| Round 3 |
Tuesday 26 October 2010 |
3.00 pm |
3.45 pm |
| Round 4 |
Tuesday 26 October 2010 |
4.00 pm |
4.45 pm |
| Round 5 |
Tuesday 27 October 2010 |
8.00 am |
8.45 am |
| Round 6 |
Tuesday 27 October 2010 |
9.00 am |
9.45 am |
| Round 7 |
Tuesday 27 October 2010 |
10.00 am |
10.45 am |
| Round 8 |
Wednesday 27 October 2010 |
11.00 am |
11.45 am |
| Round 9 |
Wednesday 27 October 2010 |
10.00 pm |
12.45 pm |
| Round 10 |
Wednesday 27 October 2010 |
1.00 pm |
1.44 pm** |
| Extension Period Trigger Time |
Wednesday 27 October 2010 |
1.40 pm# |
1.44 pm** |
| Processing Period (system unavailable) |
Wednesday 27 October 2010 |
1.44 pm** |
1.45 pm |
| Extension Period/s Start (if triggered for a Lot) |
Wednesday 27 October 2010 |
1.45 * |
Refer below |
| End of last possible Extension Period |
Wednesday 27 October 2010 |
Refer below |
5.29 pm |
|
Notes:
There is a 1 minute processing period after the end of each Activity Round, prior to the Pause Period. The Pause Period extends to the commencement of the next scheduled Activity Round.
#There is a four minute Extension Period Trigger Time in Activity Round 10 that commences at
the time shown and ends at the time shown, being the end of Activity Round 10.
**There is a 1 minute processing period between the end of the final activity round and the
commencement of the first Extension Period (if triggered).
Extension Period/s
There are up to fifteen 14-minute Extension Periods each inclusive of a 4 minute trigger time (no
trigger time in last Extension Period). There is one minute of processing time between each
Extension Period. The schedule of possible Extension Periods is shown in the following Table.
|
| Extension Period (number) (if triggered by a Lot) |
Lot Bidding Extension Period Times |
| |
Thursday 21st October |
| |
Start (pm) |
Trigger time start(pm) |
End (pm) |
| 1 |
1.45 |
1.55 |
1.59 |
| 2 |
2.00 |
2.10 |
2.14 |
| 3 |
2.15 |
2.25 |
2.29 |
| 4 |
2.30 |
2.40 |
2.44 |
| 5 |
2.45 |
2.55 |
2.59 |
| 6 |
3.00 |
3.10 |
3.14 |
| 7 |
3.15 |
3.25 |
3.29 |
| 8 |
3.30 |
3.40 |
3.44 |
| 9 |
3.45 |
3.55 |
3.59 |
| 10 |
4.00 |
4.10 |
4.14 |
| 11 |
4.15 |
4.25 |
4.29 |
| 12 |
4.30 |
4.40 |
4.44 |
| 13 |
4.45 |
4.55 |
4.59 |
| 14 |
5.00 |
5.10 |
5.14 |
| 15 |
5.15 |
5.25 |
5.29 |
