Welcome to BidMass! The following instructions will assist you in
navigating the BidMass website.
If at anytime you need assistance, please call James MacDonald at the Office of the State
Treasurer at 617-367-9333 x 570, or the Auction Administrator at 412-391-5555.
Use the tab key or your mouse to advance from field to field. Do not use the enter key to
navigate the BidMass website.
There are links at the bottom of each page that allow you to navigate the BidMass website.
Your opinion of BidMass is important! We welcome any comments you have
about BidMass by e-mail at
(also see link at the bottom of each page) or by calling James MacDonald at the
Office of the State Treasurer at 617-367-9333 x570.
Layout of the BidMass website
The Home Page provides you with links to the following pages:
Introduction, Instructions, Guidelines, Registration, Demo, Auction,
Results, News and FAQ (Frequently Asked Questions).
The Introduction Page contains a welcome from the State Treasurer.
The Instructions Page explains how to use the BidMass website.
The Guidelines Page contains the rules and procedures for BidMass.
The Registration Page allows individuals from eligible institutions to register to
participate in BidMass. The Registration requires the following information:
bidder's name, title, organization (choose the main branch of your financial institution),
address, phone, and fax number, e-mail address and mother's maiden name. Your registration
will be acknowledged by the Auction Administrator via phone, fax or e-mail within 24
hours. Your ID number and password will be included in the acknowledgement.
Multiple registrations from an eligible financial institution are permitted.
The Auction Page takes you to the Selections Page where one of
four options can be chosen:
allows bidder to request admission to a specific auction. Bidders must click on
the "Request Admission" button under the desired auction. Next, bidders must enter
ID number and password and click on the "Request Admission" button. |
allows bidder to view BidMass Guidelines. Bidders must accept and agree to abide by
all terms and conditions specified in the Guidelines prior to entering an auction.|
where any changes to the auction will be listed. Bidders must view amendments
(if applicable) prior to entering an auction.|
|Enter Auction, where the bidder can choose to enter the auction for bidding purposes.|
log in using your ID number and password.|
acknowledge that your identification information is correct and that you have read and agree to the Guidelines and amendments (if applicable).
Clicking on the "yes" box after each of the
three questions completes acknowledgement.|
| ||Next, bid.
The Auction Page will allow each bidder up to five bids that can be improved as
many times as desired. Bids are made by entering the amount and rate of a bid
and clicking on the "Submit Bid" button. This will update the time and bidder
status and computes the interest due and the auction administration fee.
A Verification Page will automatically appear for all submitted bids.
This gives the bidder an opportunity to review the bid before it is officially
recorded. If for any reason the bidder decides not to submit the bid shown on
the Verification Page, he can click the "No, Go Back" button to return
to the previous Auction Page without the bid being recorded. To complete the bid,
the bidder must click the "Yes, Submit Bid" button on the Verification Page.
Once a bid is submitted you may only increase, not reduce, the amount and rate of
The Auction Page also has a "Calculate/Update" button that is used to update
time and bidder status without submitting a bid. Bidders may use this feature to see
if a bid is still "in the money". Bidders are encouraged to "Calculate/Update"
frequently so they can monitor the status of their bid. Bids "in the money" may not
stay "in the money" due to subsequent bids of other bidders.
Important Note: Clicking the "Calculate/Update" button does not result in bid
submission. Bids are only submitted after clicking the "Submit Bid" button on the
Once an auction is over, winning bidders will be brought to a Confirmation Page
where they must enter their ID number and password and confirm their
winning bid by clicking on the "Check to Confirm" box. The confirmation process also
requires wire instruction information to ensure proper transfer of funds into the
bank and ACH debit information (ABA and account number to debit) to authorize ACH
payment of the auction administration fee to Grant Street Group. Next, click on
the "Confirm" button to complete confirmation.
Then, click on the "OK" button to proceed to the Results Page. If a bid is not a
winning bid, click on the "OK" button to proceed to the Results Page.
The Results Page will display official award information from the
BidMass auction. This information will include a list of all bids, the awards,
as well as other auction specific information. The results will be posted following
each auction. Discrepancies should be reported to Angelo DeBortoli at the Office of the
State Treasurer at 617-367-9333 x234 within 15 minutes of the posting of the
Results Page. For statistical information on the auction go to the bottom of the
Results Page and click on any of the various options. Previous auction results and
information can be obtained as well.
The News Page will host information on the BidMass website as well as
press releases and press coverage.
The FAQ Page (Frequently Asked Questions) will be updated with answers to
frequently asked questions as they arise.
Please click BACK button to return to previous page.
Go to: BidMass Home Page
Please direct questions and comments to Auction Administrator