Customs and Border Protection Chooses FedBid to Provide Online Reverse Auction Services
July 25, 2007
VIENNA, VIRGINIA, July 25, 2007 - FedBid, Inc. today announced that U.S. Customs and Border Protection (CBP) has awarded FedBid a contract to provide reverse auction services in support of the agency. CBP awarded the contract under FedBid’s U.S. General Services Administration (GSA) task order, which provides for a maximum period of performance through January 2010.
“This contract is a win for both DHS Customs and Border Protection and FedBid in that our marketplace will enable CBP Acquisitions to streamline their commodity procurement process while maximizing every dollar spent on their mission,” said John Lee, FedBid’s Senior Vice President of Sales. “In addition, using FedBid’s innovative reverse auction services will provide the agency with measurable metrics for their purchases that will further simplify procurement management.”
ABOUT: FedBid, Inc.
FedBid, Inc. provides online procurement services, including Reverse Auction and associated support services, through The Buyer-Driven Online MarketplaceSM at www.FedBid.com. To date, more than 1,000 procurement professionals at dozens of federal organizations, including GSA and the Departments of Defense, Homeland Security and State, have used FedBid to procure nearly $1 billion worth of commodities and simple services. For more information, visit FedBid online at www.FedBid.com or call (877) 9FEDBID.