In FY12 Federal Buyers saved 21% when buying Services on FedBid
And now purchasing Services with option years is easier and faster than ever - Introducing OPTION BUYS
Marketplace | December 16, 2013
In his latest installment on FCW’s Lectern blog, Dr. Steven Kelman channels his expertise on key, highly publicized findings cited in the recently released GAO report—Reverse Auctions: Guidance is Needed to Maximize Competition and Achieve Cost Savings. While his overall assessment notes that , “…the report is generally a balanced one, clearly recognizing the positive role reverse auctions play as a cost-savings driver in the federal procurement environment but also making suggestions for improvement..”, he does not hesitate in taking aim at less balanced findings and recommending alternate solutions.
Education | November 01, 2013
VIENNA, VA. — In June 2012, Detroit Public Schools (DPS) adopted FedBid, the fully managed online marketplace offering a better way for governments, business and educational institutions to buy goods and simple services. This marked a first, not only for DPS, but also for FedBid, who had only recently opened up their public sector-proven marketplace’s doors to the K-12 education segment. The results of this marketplace “first” are in, and the numbers tell a story of a partnership and solution that has delivered significant wins for both organizations.
Education | October 16, 2013
In this, the second of a three-part article series on Detroit Public Schools’ (DPS) recent successful adoption of FedBid as a tail spend management solution, SpendMatters Principal Analyst, Thomas Kase, examines the backstory of DPS procurement’s trailblazing efforts.
Seller | October 15, 2013
FedBid's service, operations and product teams are continually working to deliver sales efficiency enhancements for the valued members of our Seller community. Last year, we introduced powerful tools like Repost Bid, which many Sellers harnessed to speed up and simplify rebidding on reposted buys over the year-end federal spending surge. Now, we’re happy to announce exciting new marketplace features.
Education | October 11, 2013
In this first of a three-part article series on Detroit Public Schools’ recent successful adoption of FedBid as a tail spend management solution, SpendMatters Principal Analyst, Thomas Kase, offers a comprehensive introduction to the company—highlighting core functions and benefits. He notes that while FedBid has grown the federal spend they touch to over $2 billion in 2012, the company is also a supplier diversity success story, with the vast bulk (over 75%) of spend being awarded to SMWBEs (Small, Minority- or Woman-owned Business Enterprises). He also notes that FedBid is now heading into state, local and even commercial sector engagements.
September 07, 2013
FedBid is the fully-managed online marketplace proven to optimize how governments, businesses and educational institutions buy the goods and services they need to keep their organizations running.
Federal | August 09, 2013
Dr. Steve Kelman writes about how the government can save money through better contracting practices, including using reverse auctions for second-stage competition on multiple-award contracts. Join the discussion at Dr. Kelman’s ‘Lectern’ blog at Federal Computer Week.
Buyers | August 01, 2013
High-Tech Exec Readies to Revolutionize Revenue for Leading B2G/B2B Online Marketplace
July 25, 2013
In this continuation of the second installment of Spend Matters' multipart GSA Reverse Actions series, the Reverse Auction Research Center's Dr. David Wyld argues that one of the primary values a market-maker brings to competitive bidding, is the ability, as an independent third party, to create a safe environment for parties to conduct business.
July 24, 2013
In this second installment of Spend Matters’ multipart GSA Reverse Actions series, the Reverse Auction Research Center’s Dr. David Wyld questions and examines the impact of the GSA’s choice to administer and run its recently-launched GSA Reverse Auctions platform internally rather than with the use of a neutral third-party market-maker.
Use of national marketplace tool, FedBid, reduced costs by up to 53%. DPS saved nearly $104,000 on a handbook purchase.