May 26, 2015
VIENNA, VA – FedBid has added new functionality to its online marketplace, putting additional tools and greater efficiency in the hands of public sector Buyers. Beginning this week, Buyers can use the FedBid marketplace to compete Blanket Purchase Agreements (BPAs) and Indefinite Delivery/Indefinite Quantity (IDIQ) contracts.
March 19, 2015
FedBid is the largest commercial marketplace for reverse auctions conducted by federal agencies. Of the nearly 31,000 contracts awarded by federal agencies through FedBid's marketplace in FY2014, 86 percent went to small businesses.
February 23, 2015
U.S. Air Force officials notified FedBid on Friday that they have removed the company from the Excluded Parties List System (EPLS) and the company is no longer suspended nor facing debarment proceedings. This decision is based on the terms of an administrative agreement signed between the company and USAF. Following is a statement from FedBid CEO Joe Jordan.
January 20, 2015
Jordan will lead continued growth in competitive online marketplace for government purchasing, increased opportunities for businesses
October 14, 2014
Today FedBid announced its newest purchasing platform, Final Bid, an online marketplace specifically for the government RFP, RFQ, RFI, and BPA/IDIQ ordering processes. This new platform will allow customers to bring more of their buying—beyond the purchasing of commodity goods—online.