
A Federal Agency Buyer Realized 43% Savings on an Infrared Security Alert System
After receiving a quote of $15,000, this Buyer saved $6,455 through a competition in which five Sellers bid a total of 16 times on FedBid.
Easily connect with quality Sellers—at the right time—to boost competition and compliance, lowering costs and minimizing risks.
FedBid’s marketplace allows Buyers to purchase the commodities and simple services they need at lower cost and with less risk from a web-enabled network of high-quality Sellers. Our mission is to create a dynamic and efficient procurement process that helps minimize your sourcing efforts and facilitates better award decisions.
Buyers can now require Sellers to upload attachments, such as technical specifications, to their bids. This way, evaluation is easier than ever.
How do I accept a bid?
Simply click ‘Accept Bid’, located at the bottom of each bid, or click the 'Accept Bid' link in the Quick Links menu.
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After receiving a quote of $15,000, this Buyer saved $6,455 through a competition in which five Sellers bid a total of 16 times on FedBid.
October 03, 2017
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April 19, 2018
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"I enjoy contacting FedBid and getting an immediate response. The team has been very helpful. I also enjoy the amount of competition received and the ability to rebid to make pricing more competitive. The fact that FedBid receives payment based on savings achieved ends up being a win-win for all parties."