Press Releases

  • April 17, 2012
    FedBid Announces Department of Commerce Contract Award
    by Department of Education and Library of Congress
    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.
  • March 29, 2012
    Experian and FedBid Provide Buyers With Indicators of Seller Business Health
    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.
  • March 7, 2012
    FedBid Answers the Call to Support Military Children
    FedBid sponsors Washington Capitals Military Appreciation Night to promote programs that support the children of those who serve and protect us.
  • January 17, 2012
    Revolution Growth Fund Makes First Investment in FedBid
    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.
  • August 30, 2011
    FedBid Buyer Awards 108 Buys in August
    During August, a single Federal Government buyer posted, evaluated and awarded 108 individual actions using the FedBid marketplace - the highest number of awards made by a single buyer on FedBid during any one-month period. How can FedBid help you maximize your year-end productivity?
  • June 29, 2011
    FedBid Wins Federal Bureau of Prisons Award for Reverse Auction Services
    VIENNA, VIRGINIA, June 29, 2011 - FedBid, Inc., the online reverse auction marketplace, today announced that the Federal Bureau of Prisons has awarded the company a new multi-year blanket purchase agreement to provide reverse auction services. The new award includes a base year plus four option years.
  • April 19, 2011
    FedBid Wins Contract with US Army Medical Research Acquisition Activity (USAMRAA)
    VIENNA, VIRGINIA, April 19, 2011 - FedBid, Inc., the online reverse auction marketplace, today announced that the company has been awarded a new multi-year contract to provide reverse auction services to the US Army Medical Research Acquisition Activity (USAMRAA). The award includes a base year plus three option years.
  • March 16, 2011
    FedBid Names Former Vermont Lt. Gov. Brian Dubie to Board of Advisors
    VIENNA, VA, March 16, 2011 — FedBid, Inc., the online reverse auction marketplace, today announced that it has named former Vermont Lieutenant Governor Brian Dubie to FedBid’s Board of Advisors. Dubie will provide strategic assistance with state and local government, the National Guard, emergency management and other areas.
  • December 7, 2010
    FedBid Announces Record Purchase Volume of $1.15 Billion for FY2010
    VIENNA, VIRGINIA, December 7, 2010 - FedBid, Inc., the online reverse auction marketplace, today announced that government buyers purchased a record $1.15 billion dollars worth of products and simple services through the company’s online marketplace in FY2010, more than a 30% jump over total purchase value in FY2009.
  • August 24, 2010
    FedBid Names Michael Bonamassa as SVP
    VIENNA, VIRGINIA, August 24, 2010 — FedBid, Inc., The Buyer-Driven Online Marketplace® for commodity buys, today announced that it has named Michael Bonamassa as Senior Vice President of Commercial Accounts. In this new position, Bonamassa will lead FedBid’s planning process to offer its online reverse auction marketplace to companies in the private sector.

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