Patent Number: 7,788,149

Title: Method and computer program for the acquisition of capital equipment using web-based purchase pooling

Abstract: A method and system for the acquisition of capital equipment using web-based purchase pooling including storing a default specification for capital equipment in a database, assigning a plurality of potential buyers to a purchasing pool, providing access to the default specification via a web-based system in communication with the database to the plurality of potential buyers using client devices over a network, receiving by the web-based system a plurality of customized specifications based on the default specification from one or more of the plurality of potential buyers via the client devices, determining by the web-based system common portions and non-common portions of the plurality of customized specifications based on a comparison of the plurality of customized specifications, selecting at least one of the non-common portions, and providing a request for proposal, which includes the common portions and the selected non-common portions, to at least one potential seller of capital equipment.

Inventors: Beachum, III; Graham C. (Dallas, TX), Beachum, II; Graham C. (Dallas, TX), Chidester; Scott (Corinth, TX)

Assignee: Demand Aggregation Solution LLC

International Classification: G06Q 40/00 (20060101)

Expiration Date: 8/31/12018