News
- May 10, 2013
Score one for diversity and good business
by Nick Wakerman
Washington Technology highlights the noteworthy appointment of Vincette Goerl to FedBid’s board of advisors, an appointment which not only gives FedBid an advisor with stellar credentials, but also represents a milestone for Women in Technology, a professional group for women in the IT industry. Throughout, the article offers insight on Goerl’s impressive background; she spent one career in government, and served as the chief financial officer at the U.S. Customs Service and the U.S. Forest Service. She’s also worked in industry at the CGI Group, and now has her own consulting practice focused on federal financial management. The article also discusses key roles Goerl will play in helping FedBid move forward into new markets.
- May 6, 2013
FedBid Names Vincette Goerl to Board of Advisors
VIENNA, VA, May 6, 2013 – FedBid, Inc., the fully-managed online marketplace, today appointed federal financial management professional and former U.S. Customs Services and U.S. Forest Service Chief Financial Officer (CFO), Vincette Goerl, to its Board of Advisors. FedBid helps federal, state and local government organizations, as well as education institutions, save on commodity goods using reverse auctions. The online marketplace boasts a robust roster of advisors including former Congressman Chet Edwards, Weatherhead Professor of Public Management at Harvard University, Dr. Steven Kelman, the honorable Michèle Angelique Flournoy and other leaders in business, government and academia.
- April 2, 2013
FedBid SVP, Federal, Doug Stuck, on History and Trends in Federal Government and Sequestration
Aquala Bogan
This Washington Exec profile of FedBid Senior Vice President of Federal, Doug Stuck, offers insight on who inspired him to grow into the senior leader he is today, what brought him to FedBid over a decade ago and what continues to drive his passion for the company. Through his interview, he also offers specifics on some of FedBid’s current success stories and upcoming expansion into new markets.
- March 11, 2013
FedBid’s Big Plans
By: Tania Anderson
This TECH BISNOW FedBid profile piece delivers a behind the scenes peek at FedBidders in action, while providing an insightful overview on how our business model, operations and growing marketplace work to save $millions for registered Buyers and bring real opportunities to registered Sellers. The article also provides a sneak preview at FedBid’s “Big Plans” to save $millions for commercial, state and local and education Buyers.
- February 14, 2013
Reverse Auctions: Welcome Back, FAR 13.5
By Dr. Steve Kelman
The latest post on Dr. Kelman’s Lectern blog on FCW.com examines the return of 1990’s procurement reform efforts focused on streamlining procedures for smaller buys and contracts for commercial items. Specifically, in 1994 a test program was established to allow the use of the simplified procedures for smaller purchases up to a $5 million buy (later raised to $6.5 million) if the government was buying a commercial item. The test program was regularly renewed by Congress, but never made permanent. Then, in 2011 it was not renewed (stories differ about whether this was an oversight or a conscious decision). However, in this year’s DOD authorization bill, the test program has been reborn (though again extended for two years, not made permanent). So now agencies once again are able to use these simplified procedures—allowing them to move faster in making off-the-shelf product and service purchases.
- January 25, 2013
Executive Profile: Ali Saadat
By Emily Mekinc
“I’m a number guy…I see numbers the way that is not common for others to see. If you give me a set of numbers, I have a story on it,” said FedBid founder and CEO in this January 2013 Washington Business Journal Executive Profile spotlight interview. Saadat started his first computer services business in the early 1970s in Tehran, Iran and has since, led and built numerous information technology and Internet companies, including FedBid. Reporter Emily Mekinc’s interview offers insight on Saadat’s personal and professional background while delivering details on FedBid’s corporate history and his vision for the company’s future.
- January 7, 2013
Reverse Auctions: Creating Winners through Acquisition Innovation
By Dr. David Wyld
This NCMA Contract Management article examines how reverse auctions produce savings for innovative organizations that utilize them—including dozens of federal agencies—as well as opportunity for suppliers to build their businesses by successfully competing—and winning—in the competitive bidding environment. The case for reverse auctions is proven through a series of success stories featuring federal government agencies leading the way in effectively adopting reverse auction-driven business-to-business, e-commerce technologies as a spend management solution, and the perspectives of the trailblazing leaders behind those success stories. The article also dispels myths that persist about reverse auctions while demonstrating that encouraging reverse auctions is vital to making government acquisition better, faster, and cheaper.
- November 25, 2012
Brookings Governance Report: Building an Innovation-Based Economy
By Darrell West, Allan Friedman and Walter Valdivia
This critical report from the Brookings Institution examines and offers recommendations on ways to reform the U.S. economy, improve public sector performance, and train people for 21st century jobs. Findings were gained through live workshops and crowd-sourced input from several hundred experts around the country in the areas of innovation, technology and economic development. Amongst its important recommendations, the report stresses that:
“We need policy shifts that encourage the purchase and adoption of technology innovation in the public sector. We should ensure that local, state, and federal government procurement processes are fair, open, and transparent so that public agencies get the best products at the lowest possible prices. Agencies should be empowered to make the best acquisition choices possible, and build on successes across agencies. We should reform government procurement to include reverse auctions for goods and services. Reverse auctions and the RFP-EZ program help small businesses get government contracts and diversify the supply chain.”
- October 29, 2012
FedBid Adds Top Talent, Accelerates Business Model in New Directions: Mark Walsh Joins as President
VIENNA, VA, October 29, 2012 – FedBid Inc., the fully-managed online marketplace revolutionizing commerce, announced that Internet and business-to-business e-commerce pioneer, Mark Walsh, has joined the company as President. Walsh joins FedBid to focus on expanding the company’s products, services and partnerships into the commercial space, and to add new levels of service, content and community tools to the procurement platform that FedBid operates today.
- October 29, 2012
AOL Vet Back in the Saddle with FedBid Job
By Thomas Heath
The Washington Post’s Capital Business reports that Washington tech entrepreneur and renowned business-builder, Mark Walsh, is the new president of FedBid, the Vienna, VA-based company that Ted Leonsis and Steve Case’s Revolution Growth fund invested in earlier this year. The article further details that since investing in FedBid last January, Leonsis has had his eye on expanding the company’s business from beyond the thousands of federal government buyers it currently serves, into state and local government procurements and other sectors.
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