Invest in Iowa Frequently Asked Questions

1.Who determines whether bidders are eligible to bid in Invest in Iowa auctions?
The office of the Treasurer of State approves all Invest in Iowa bidders.

2.Do bidders need special software or equipment to use Invest in Iowa?
No. The Invest in Iowa web site can be accessed using any competent Internet service provider and any popular browser. Faster response is achieved with faster modems and faster Internet connections (e.g., ISDN lines, T-1's, T-3's, etc.).

3.Who can observe auctions while in progress?
Invest in Iowa will permit anyone with specific consent of the office of the Treasurer of State to watch Invest in Iowa auctions in progress. An administrator observes auctions in progress for "trouble shooting" purposes. No one may observe an auction without the consent of the office of the Treasurer of State and special access privileges granted by the auction administrator.

4.Who can view auction results once an auction is over?
The Invest in Iowa Results Page showing auction results is accessible to any Invest in Iowa Registrant after an auction is over.

5.What are Invest in Iowa's security features?
No one can enter an auction without using their ID number and password. Invest in Iowa maintains a continuous and permanent record showing the time, identity and activity of everyone who "hits" the web site. Additionally, Invest in Iowa utilizes Secure Sockets Layer (SSL) protocol to encrypt all data transmissions to and from the Invest in Iowa web site. For redundancy, there is a back-up server available at all times which hosts a duplicate copy of the Invest in Iowa "code" and is capable of running all Invest in Iowa applications with relatively little set-up time.

6.What if a bidder has a computer or Internet problem during an auction?
Most technical problems are discovered when bidders practice in the trial auction (prior to the real auction), and are rectified shortly thereafter, usually with the assistance of Grant Street Group staff. Grant Street Group staff is available before, during and after the auction to answer technical questions. Usually we are able to help bidders solve their problems immediately.

7.How does Invest in Iowa communicate last minute changes in the Guidelines to users of the Invest in Iowa web site?
Invest in Iowa will display the changes on the "Amendments Page" for the related auction. Whenever amendments are added, the date and time of the most recent change is prominently displayed on the web site.

8.What is the purpose of the trial auction?
It is a bidding site identical to the real auction where prospective bidders can practice bidding and the State Treasurer's Office can check that all bidding parameters are properly set.

9.Where can I find information about Invest in Iowa auctions completed to date?
You can see a list of Invest in Iowa auctions completed to date by clicking the "Results" button at the bottom of the Invest in Iowa "Home Page".

Go to: Invest in Iowa Home Page

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