About Us

Latest Press Score one for diversity and good business
Latest Press FedBid Names Vincette Goerl to Board of Advisors
Latest Press FedBid SVP, Federal, Doug Stuck, on History and Trends in Federal Government and Sequestration
Latest Press FedBid’s Big Plans
Latest Press Executive Profile: Ali Saadat
Latest Press Reverse Auctions: Creating Winners through Acquisition Innovation
Latest Press Ted Leonsis: FedBid saves governments & companies 10-12% on their procurement
Latest Press FedBid Welcomes Marketing Visionary Susan L. Bostrom to Board of Directors
Latest Press FedBid—Saving $ for Government and Transforming Procurement in Detroit’s Public Schools (Part 2)
Latest Press FedBid—Saving $ for Government and Transforming Procurement in Detroit’s Public Schools (Part 1)
FedBid was founded on the premise there’s a better way for organizations of all sizes to buy smart, save money and reduce risk on simple goods and services they buy every day.
Buyers use a simple and efficient Internet-based interface to enter the requirements of what they want to buy. FedBid’s market operations team manages the sourcing process—ensuring robust competition from multiple qualified Sellers. At the close of the buy, the Buyer receives all bidders’ pricing options to choose from, with full documentation.
FedBid’s fully-managed online marketplace is fair, ethical and transparent. It enables dynamic competition providing the best market pricing available at the time the buy is completed.
There
is never any cost to the participating Sellers and no upfront cost to the Buying
organizations.
A small transactional fee is
collected only if and when an award is made. It’s a risk free way of doing
business—with guaranteed results.
60,000 Sellers, 15,000 Buying Entities, Corporate, Federal, State, Local and Educational arenas being served…FedBid is THE managed marketplace!
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