Bidders

Bids
Next-To-Last Round

Last Round Bid

Awarded

Differential
Between Rounds

A

4 - 10:50

3

3

1

B

6 - 10:20

6

6

0

C

3 - 10:44

2

2

1

D

3 - 10:59

None - 0

-

3

Total

16

11
(3 leftover)

11
(3 avail)

In this example, bidder "D" would receive the first unsubscribed entitlement and its differential would be reduced by one since it possesses the largest differential.