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
April 24, 2014
GSA's "free" reverse auction platform seeming stalled in terms of any signs of growth and spread amongst federal agencies. In this article, Professor David Wyld, founder and Director of the Reverse Auction Research Center, explores why this is the case, finding that GSA needs to focus GSA Reverse Auctions on larger, strategic buys of commodities and services above the Simplified Acquisition Threshold of $150,000.
April 18, 2014
The Navy expands usage of existing cost-effective technologies, in order to improve operational processes. The Naval Air Warfare Center Aircraft Division in Lakehurst, N.J., part of the Naval Air Systems Command, exemplifies this effort through their willingness to try and adopt new tools, and through their success in targeting areas where time and money can be saved.
April 09, 2014
Joe Jordan, FedBid president and former White House procurement official, addresses and explores the benefits of using reverse auctions to enhance agencies' procurement processes.
April 09, 2014
Dr. David Wyld, Founder and Director of the Reverse Auction Research Center, debates the truths and myths behind The New York Times article, "Reverse Auctions Draw Scrutiny," published this past weekend. In this article, he answers questions posed by the author and shares why we should care.
Federal | April 08, 2014
Ted Leonsis answers some questions from a recent New York Times story explaining what FedBid is, how reverse auctions have been successful and what some of the limitations are.