utilizing the present invention , a buyer for products , services or both would prepare a bid package . the bid package would contain information necessary to complete the project the buyer would desire . at the buyer &# 39 ; s option , the bid package is parceled into modules . the modules are prepared as discrete and stand - alone biddable items . a search for suppliers for each module is made from multiple sources based on the modules and directed by the buyer &# 39 ; s specifications for the product or service . the system of the present invention packages , processes , connects , procures , bids and reports the competitive bidding cycle for buyers and makes the necessary connection with interested prequalified sellers in a given industry or market . the system receives , compiles , processes and reports the results . the system of the present invention includes a consortium of horizontal and vertical portals , gateways and universal resource locations that encompass trade , industry and market communities .