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	<title>News for Government Buyers</title>
	<link>http://www.fedbid.com/news/categories/government/</link>
	<description>Recent news and press releases from FedBid</description>
	<pubDate>Thu, 17 May 2012 06:35:24 -0400</pubDate>
	<ttl>60</ttl>
	<item>
		<title>FedBid: Fueling the Double Bottom Line</title>
		<description><![CDATA[AOL Vice Chairman, NHL Washington Capitals and NBA Wizards owner, Revolution Growth Fund Partner and FedBid Board Member, Ted Leonsis believes businesses do well by doing good; when businesses live by the ethos of giving more than they take, they have happy employees and are successful as a result – an effect he calls the “double bottom line”. Here, on his personal blog, Ted offers insight on what makes FedBid a double bottom line company.]]></description>
		<pubDate>Fri, 27 Apr 2012 17:02:13 -0400</pubDate>
		<link>http://www.fedbid.com/news/articles/fedbid-fueling-the-double-bottom-line/</link>

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		<title>FedBid Announces Department of Commerce Contract Award</title>
		<description><![CDATA[VIENNA, VIRGINIA, April 17, 2012 - FedBid, Inc., the online reverse auction marketplace, announced today that the United States Department of Commerce has awarded the company a new multi-year agreement to provide reverse auction services. The new award includes a base year plus four option years.]]></description>
		<pubDate>Mon, 16 Apr 2012 14:05:19 -0400</pubDate>
		<link>http://www.fedbid.com/news/pr/fedbid-announces-department-of-commerce-contract-award-follows-recent-awards-by-department-of-education-and-library-of-congress/</link>

	<guid>http://www.fedbid.com/news/pr/fedbid-announces-department-of-commerce-contract-award-follows-recent-awards-by-department-of-education-and-library-of-congress/</guid>
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		<title>Experian and FedBid Provide Buyers With Indicators of Seller Business Health</title>
		<description><![CDATA[Costa Mesa, Calif., March 29, 2012 — Experian® today announced that it is working with FedBid®, a multi-billion dollar online marketplace, to provide government and commercial buyers with access to thorough and accurate business credit information that will allow them to further vet and verify the contractors and suppliers that bid on the FedBid marketplace.]]></description>
		<pubDate>Thu, 29 Mar 2012 15:02:35 -0400</pubDate>
		<link>http://www.fedbid.com/news/pr/experian-and-fedbid-provide-government-and-commercial-buyers-with-indicators-of-seller-business-health/</link>

	<guid>http://www.fedbid.com/news/pr/experian-and-fedbid-provide-government-and-commercial-buyers-with-indicators-of-seller-business-health/</guid>
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		<title>Steve Case, Ted Leonsis Fund Ebay For Feds</title>
		<description><![CDATA[Billionaire Steve Case and Washington Capitals owner Ted Leonsis have invested in Vienna-based Fedbid, an online marketplace in which private companies sell products to government agencies. The cash infusion marks the first investment by the Revolution Growth Fund, a $450 million fund backed by the America Online co-founder, Leonsis and Donn Davis, former CEO of Exclusive Resorts.]]></description>
		<pubDate>Fri, 20 Jan 2012 23:54:17 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/steve-case-ted-leonsis-fund-ebay-for-feds/</link>

	<guid>http://www.fedbid.com/news/articles/steve-case-ted-leonsis-fund-ebay-for-feds/</guid>
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		<title>FedBid Attracts Private Investors With Cost-effective Acquisition Model</title>
		<description><![CDATA[The decision by entrepreneurs Ted Leonsis and Steve Case to make Vienna-based FedBid Inc. the first investment for their $450 million Revolution Growth fund reflects not only on the company&#8217;s success but the growing appeal of its business model to budget-strapped federal customers.  The goal of the investment is to accelerate the growth and reach of FedBid, which has seen the annual value of purchases made through its online portal rise more than 60 percent since 2008.]]></description>
		<pubDate>Tue, 17 Jan 2012 12:34:41 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/fedbid-attracts-private-investors-with-cost-effective-acquisition-model/</link>

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		<title>Revolution Growth Fund Makes First Investment in FedBid</title>
		<description><![CDATA[January 17, 2012—Washington, DC —Today, FedBid, Inc., which operates the FedBid online marketplace at www.FedBid.com, announced that it has received the first investment made by the Revolution Growth fund, which was launched in December 2011 by Steve Case, Ted Leonsis and Donn Davis.]]></description>
		<pubDate>Wed, 18 Jan 2012 17:45:04 -0500</pubDate>
		<link>http://www.fedbid.com/news/pr/revolution-growth-fund-makes-first-investment-in-fedbid-as-company-continues-growth-into-new-government-and-corporate-markets/</link>

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		<title>Revolution Growth Invests in Vienna-based FedBid</title>
		<description><![CDATA[Washington entrepreneurs Ted Leonsis and Steve Case have made the first big investment with their $450 million Revolution Growth fund, acquiring a major stake in Vienna-based FedBid, which they hope to grow into an online marketplace for tens of billions of dollars in government procurement. The investment was made less than two months after the two former AOL executives announced the formation of the fund, a private investment vehicle designed to reignite the high-tech, entrepreneurial culture that dominated Washington in the 1990s.]]></description>
		<pubDate>Mon, 16 Jan 2012 21:12:51 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/revolution-growth-invests-in-vienna-based-fedbid/</link>

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		<title>Federal Computer Week-Bidding For Savings: Reverse Auctions Gain New Favor</title>
		<description><![CDATA[Federal Computer Week examines Dr. David Wyld’s new report that explores how federal agencies can save time and money by using reverse auctions for appropriate commodities and selected services. Reporter Matthew Weigelt notes significant savings figures from the report, including potential savings at DoD of $6.1 billion and up to $15 billion across the federal government.]]></description>
		<pubDate>Mon, 07 Nov 2011 12:24:44 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/in-the-news/</link>

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	<item>
		<title>CPOs Take Fresh Approach to Procurement</title>
		<description><![CDATA[Mr. Gregg Brandyberry, CEO for Wildfire Commerce Inc., suggests a few ideas on how to quantify procurement performance by maximizing procurement capacity, making strategic investments to drive higher ROIs, and utilizing technology and outsourced service providers in order to generate more revenue.]]></description>
		<pubDate>Mon, 21 Nov 2011 14:38:24 -0500</pubDate>
		<link>http://www.fedbid.com/news/articles/cpos-take-fresh-approach-to-procurement/</link>

	<guid>http://www.fedbid.com/news/articles/cpos-take-fresh-approach-to-procurement/</guid>
	</item>
	<item>
		<title>IBM Center for The Business of Government RA Study</title>
		<description><![CDATA[Dr. Wyld’s follow up study to his reverse auction report published by the Center in 2000 focuses on the potential of reverse auctions as a government procurement tool that saves money and time and improves transparency. Dr. Wyld presents a case study of the State Department and analyzes the potential for savings from reverse auctions across the government.]]></description>
		<pubDate>Wed, 26 Oct 2011 15:54:13 -0400</pubDate>
		<link>http://www.fedbid.com/news/articles/ibm-center-for-the-business-of-government-ra-study/</link>

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