Everything we do is designed to help you cut
costs, reduce risk and improve efficiencies.


  • $148M+SAVED IN CY16

  • 4.77 AVGSELLERS BIDDING

  • $1.12B+CY16 TRANSACTION VOL

  • 90%AWARDED TO SMALL BUSINESSES

FedBid helps save money without cutting corners. 

From large state university systems to local K-12 schools, every organization is looking for more control over costs and risk. Recent economic lessons have made it clear: finding innovative ways to cut expenses helps budgets stay healthy. FedBid's fully-managed marketplace is proving to be the cornerstone of a smarter, more sustainable purchasing and sourcing initiative that works for everyone in the buying and selling life cycle.

Did you know?

You can display NIGP and UNSPSC product codes when setting up a buy. Ask your Account Manager about it.

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FAQs

What is an "Option Buy"?
A buy in which the specifications of a bid, elects to include options that a Buyer may choose to accept or exercise separately at a later date.

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Resources

Managing the Long Tail How Focusing on Tail Spend Management Can Directly Impact a Firm’s Bottom Line

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A Community College Realized Nearly 9% on Copier Paper

After receiving a quote of $23,700, this Buyer saved $2,078 through a competition in which seven Sellers bid a total of 16 times on FedBid.

News & Press

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FedBid Blog FedBid Blog

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We're here to support you, not just
your buy.

Need help building your buy? Request a training or contact our team. We're happy to help you along the way.
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A full-service marketplace for all education Buyers to help you save time and money.

More Than Savings

It's about maximizing your buying power and meeting your procurement needs smarter, faster and at the best price.

On the Marketplace

Buyers have used the marketplace to procure a wide range of products and services from multiple contract vehicles.

  • Information Technology
  • Office Supplies
  • Lab Equipment
  • Furniture

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Buyer Stories

Detroit Public Schools: Celebrating One Year of Saving More, find out how Detroit Public Schools saved nearly 20%.

Features that let you focus on what matters most to move your organization forward.

Streamline Buying Process

Never enough time? Now you are able to focus your thoughts on evaluating
bids, and not just pushing paper.

Sourcing for Your Needs

Looking for more vendors to meet utilization needs? Multiply your reach
by accessing thousands of Sellers, small or large, at the click of a button.

Competitive Bidding Technology

Facilitating savings with our “Rebid” functionality helps vendors know
where their pricing stands and helps you save money.

Document Every Stage

During the life of the buy our team members ensure that every
step is documented, so that when you need information, it is
at your fingertips.

Flexibility

From posting to awarding, you’re in the driver’s seat. Just give us your
specifications and let the marketplace do the rest. FedBid is flexible to
each organization’s requirements.

Custom Built Reporting

Whether it’s a buy that’s closing in a week, or one that closed two years
ago, we can pull information for you at any time.

What FedBid Buyers are saying.

"Great opportunities for higher education."

"One of my greatest challenges has been finding ways to boost efficiency without incurring greater cost or extensive system overhauls. Reverse auctions are known to deliver significant savings throughout a wide number of industries—all while simplifying sourcing and contracting processes. FedBid—leader in the reverse auction industry—offers great opportunities for higher education to efficiently save precious resources."
Dr. Robert V. Smith Vice President of CBT University Consulting, Former Provost, Sr. VP, Vice Chancellor and/or Dean at Texas Tech Univ., Univ. of Arkansas, Connecticut and Washington State Univ.
CBT University Consulting

"Innovative steps to achieve fiscal success."

"We knew we needed to make big changes and take measured, innovative steps to achieve fiscal success. To us, FedBid’s Better Buying resulted in nearly 20% in savings. Purchasing through FedBid has, and will continue to play, a major role in propelling our school system forward."
Dr. Tracy Joshua Chief Procurement and Logistics Officer
Detroit Public Schools