News and Press, Page 6

February 18, 2009
Stimulus spending and contracting redux
By Steve Kelman, for The Lectern at FCW.com
Now that the government has passed an historic stimulus package that pours billions of additional dollars into the procurement hopper, how can government procurement professionals spend this money not just quickly but responsibly? Dr. Kelman explains in his blog, ‘The Lectern’, online at Federal Procurement Week.
December 16, 2008
Contracting in a time of mega-deficits and economic downturn
By Steve Kelman, for The Lectern at FCW.com
Even as the federal government incurs huge costs to rescue the financial services industry and stave off economic collapse, contracting shops can still find ways to save taxpayers money. In his blog, ‘The Lectern’, online at Federal Computer Week, Dr. Kelman points out a potential upside to the economic downturn if the government can take advantage of low-hanging fruit.
October 21, 2008
FedBid Reports Record Third Quarter
FedBid, Inc., The Buyer-Driven Online Marketplace® for commodity buys, today announced its continued impressive growth during 2008, achieving record third quarter growth.
July 25, 2008
Bureau of Prisons to Utilize FedBid
FedBid, Inc. today announced BOP’s decision to utilize The Buyer-Driven Online Marketplace at www.FedBid.com for agency commodity purchases, enabling the agency to achieve additional process efficiencies and cost savings.
July 18, 2008
OFPP Encourages Increased Competition
Paul A. Denett, OFPP Administrator
On July 18, 2008, OFPP Administrator, Paul A. Denett, issued a governmentwide memorandum encouraging agencies “to do more to promote the appropriate use of tools and effective practices to improve and increase the use of competition.” The memorandum provides examples of competition best practices, including reverse auctions, and requests specific feedback in year end reports.
July 1, 2008
The Power of Innovation: Online Procurement at CBP
By John Ely, for Contract Management
Chief Acquisition Officer, John Ely, relates how procurement innovations dramatically improved process efficiencies at Customs and Border Protection and how other agencies can experience similar success in an article published in the July 2008 issue of the National Contract Management Association’s Contract Management magazine.
June 4, 2008
FBI Chooses FedBid for Commodity Buys
FedBid, Inc. today announced that FBI has awarded FedBid a contract to provide the agency with reverse auction services through The Buyer-Driven Online Marketplace at www.FedBid.com.
April 22, 2008
FedBid Reports Record First Quarter
FedBid, Inc., The Buyer-Driven Online MarketplaceSM for commodity buys, today announced that the company recorded its strongest first quarter ever, with exponential growth over first quarter 2007.
March 14, 2008
NOAA Moves Forward with FedBid
FedBid, Inc. today announced that NOAA has awarded FedBid a contract to provide the agency with reverse auction services through The Buyer-Driven Online Marketplace at www.FedBid.com.
March 1, 2008
Federal Commodity Buying Moves Online
By Geoff Edwards, for NEMA Electroindustry
As federal agencies begin incorporating innovative procurement techniques, businesses, and particularly small businesses, have been seeing the benefits. Geoff Edwards, FedBid’s Vice President of Market Operations, explains In an article published in the March 2008 issue of the National Electrical Manufacturers Association’s NEMA Electroindustry magazine.