April 27, 2017

2017 Seller Survey Shows Continued Optimism for Growth, Particularly in the Federal Sector

By Jake Jedlicka, Senior External Relations Specialist

We asked and you responded, once again, to our annual Seller Survey. This year there were 1,240 respondents to the survey offering great feedback and information on their usage of FedBid during FY2016. Respondents' views on how different sectors of the contracting industry anticipate the market evolving over the next year is incredibly insightful and we will use it as the basis for upcoming content.

April 20, 2017

FedBid's Combination Of Patented Technology With Hands-on QA, Sourcing Is A Winning Combination For Buyers

By Jeremy Schultz, Senior Quality Assurance Specialist, Kurtis Hagans, Senior Market Specialist

Buyers who purchase goods and services through FedBid's industry-leading reverse auction marketplace gain access to a patented and innovative acquisition solution. However, it's the expert staff at FedBid who provide the managed services that truly drive the value of this procurement approach for each customer. In Part 4, the finale to our FedBid Solution Series, we will highlight how our quality assurance procedures and Seller recruitment efforts lead to better results.

April 17, 2017

Multi-Year Contracts Tool Offers Cost Reductions While Meeting Long-Term Needs

By Joe Degraff, Account Lead

Multi-year contracts are used by the federal government to receive supplies or services for an extended period of time. Through FedBid's patented reverse auction technology, Buyers realize upfront cost reductions by allowing vendors to initially compete on both base period and option period pricing. Our full-service team is ready to assist your procurement strategy, saving you valuable time and giving you peace of mind in the fast-paced world of government procurement.

March 31, 2017

Driving Innovation and Improving Acquisition the Main Focus at AUSA Global Force

By Rachelle Montague, Marketing and Events Specialist

FedBid had the opportunity to participate in Global Force again this year with our focus on helping the Army achieve their goals, including, contributing to their readiness capabilities and making it easier for leaders in the industry and acquisition communities to assist in fulfilling the Army’s mission.

March 23, 2017

Buyers Look to FedBid for Critical Mission Needs and Contract Vehicle Purchasing

By Jeremy Schultz, Senior Quality Assurance Specialist, Kurtis Hagans, Senior Market Specialist

FedBid differentiates itself from other procurement services by providing a fully-managed marketplace which supports its reverse auction technology. FedBid's unique hands-on approach maximizes acquisition effectiveness and presents valuable solutions to both federal and commercial customers. In Part 2 of the FedBid Solution Series, we explored how FedBid delivers robust cost savings and offers a diverse supplier base. Now in Part 3, we examine how FedBid supports critical missions and utilizes specific contract vehicles to satisfy Buyer requirements.