METHOD AND SYSTEM FOR PROCURING BIDS AND MANAGING ASSETS AND ASSET SUPPORT CONTRACTS

摘要

A method and system are provided for managing assets and asset support contracts for assets of a given entity. The method includes: (a) receiving information including an identification of each of a plurality of assets of the entity and one or more asset support contracts associated with each of the plurality of assets, the information including expiration dates for the asset support contracts; (b) creating an online repository containing the information, the online repository being remotely accessible by users associated with the entity through an online platform; (c) tracking the assets and associated asset support contracts to identify asset support contracts set to expire within a predetermined period of time; (d) automatically notifying the entity of expiring asset support contracts prior to expiration thereof; (e) procuring bids from one or more sellers of asset support contracts to replace or renew the expiring asset support contracts or to replace or dispose of assets covered by expiring asset support contracts; and (f) providing the bids to the entity.