looking to make a penny auction site,

I need a fully functioning website like [login to view URL] not a copy but with our layout. functions will be similar with added features. the auction types will be scratch options and penny auctions. Require both working back-end and front-end Functionality to - add/modify products with images, pricing, etc. - add/modify categories - add/modify sub-categories - 3-4 competent flash games to keep users entertained. - more details will be given once job is assigned -Bid auction technology that includes: bid tracking, time tracking and buy it now merchant features. -Demo is required; need to test before buying it. (The payment will be made only when we have tested the script in real mode. -Full SEO -Built in CMS to monitor transactions as well as auctions and users. -Live auction technology. -Registration technology (emails/passwords). -Very user-friendly administrator back-end with the ability to change out auction item pictures, prices, titles etc. -There must not be any limits on the auctions that we can create and also no limits on users. -User registration and account verification. Auto approved users to begin their own auctions -Member login, account status, account updating, bidding history, current bidding activity, auction status, purchase new bids, bids buying history, bidding preferences, and paying for won auctions features. -Auction Reminders – Notify users of upcoming auctions that they have expressed an interest in. -Set bidding packages. -Possibility to change language -Users can receive free bids for registering, for winning their first auction, for buying bid packages for the first time and for introducing new members. -View, edit, add, delete and suspend users. -Add, edit, delete and copy auctions. -Ability to set auctions to auto-relist. -Refund bids for an entire auction. Refund bids policy. -Limits on the number of auctions a user can win. -Display of Total/Current Bids – Providing insight into competitor’s bids. -Auction Start Date and Duration – Set auctions for upcoming dates and how they will last. -View Closed Auctions - See what previous bidders have won. Up to 12 winning bidders can be viewed and the auction status for the winners can be updated- e.g. paid, awaiting shipping, shipped and completed, via the winners account panels. -Items Auctions Configuration – Create, edit & configuring auctions for users to bid on. With all tools needed to do so. See [login to view URL] for auctions details and method. -Payment gateways will need to be Paypal, [login to view URL] and perhaps others upon specification later. -View referrals from users. -Coupons/promo codes module. -Credit system for auctions which users lose. -Manage unlimited website categories via. add, edit and delete. -Edit general website settings via turning on and off various features. -Support for highly complex passwords for all users. -User referring system which allows user to refer friends and if the friends sign up and purchase bids they get pre-set amount of free bids. I will need this built from the ground up, no using premade scripts that can be store bought. Payment will be in the range of $3000-5000 for entire project.. We are looking for quality work and are not interested in vendors who will bid low only to leave the work incomplete. At completion, we will require: 1) An installation archive with full installation documentation 2) Full source code for making future modifications and 3) Full ownership rights to utilize the script at our sole discretion. We will provide a sample of what the layout should look like upon being hired for the project. We require a nondisclosure agreement to be signed by the provider upon being awarded the project. If you do not have experience designing a penny auction website with similar features as discussed above, do not have a team that can make quality flash games , please DO NOT bid on this project. Thank you. Payment will be 20% before starting 40% after first phase and 40% on final