Joe Jordan Testimony—Reverse Auctions Effectiveness in Driving Opportunities for Small Business

For Immediate Release: March 19, 2015

Contact: Jonathan Swain
202-904-1958 or 

VIENNA, VA -- FedBid CEO Joe Jordan submitted written testimony today to the House Committee on Small Business Subcommittee on Contracting and Workforce in conjunction with their hearing "Contracting and the Industrial Base Part III: Reverse Auctions, Verification and The SBA's Role in Rulemaking."

FedBid is the largest commercial marketplace for reverse auctions conducted by federal agencies. Of the nearly 31,000 contracts awarded by federal agencies through FedBid's marketplace in FY2014, 86 percent went to small businesses.

Jordan's Testimony »


Publisher: FedBid Inc.

Released: March 19, 2015