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Buyers

FedBid’s Value Proposition

Better Buying…

FedBid dramatically improves efficiency and transparency in the public sector procurement process. Utilizing Internet technology, FedBid helps the public sector Buyer manage an ever-increasing workload by automating the notification, competition and documentation aspects of that process. FedBid's value lies in its ease-of-use, speed and efficiency, ability  to provide comprehensive information and documentation, and in its ability to help ensure procurements comply with the Federal Acquisition Regulations (FAR). In addition, FedBid's risk-free transactional fee approach not only eliminates upfront investment, license fees or maintenance costs by Buyers or Sellers, but it also provides Buyers with guaranteed results.

For Buyers, FedBid:

  • Saves Time - With automated feeds to FedBizOpps and an easy-to-use interface that can be used without regard to geographic location and without implementation or training worries, FedBid saves time and frees up Buyer resources for complex procurements
  • Stretches Budgets - By saving money and providing guaranteed results, FedBid helps Buyers do more with less money
  • Improves Procurement Documentation - FedBid provides complete, detailed information for each procurement, including all Sellers contacted and all bids and no-bids received
  • Improves Regulatory Compliance - FedBid delivers regulatory compliance, price reasonableness and process transparency to help Buyers eliminate waste and misuse of taxpayer dollars
  • Increases Small Business Utilization - By improving opportunity access, FedBid has facilitated award of over 80% of all dollars to small businesses