More than 15% in savings coming a State's way on a railroad rails contract

23 lowering bids were placed, making the lowest bid $63,000 dollars less than our client's initial budget. eBridge worked alongside the State to make sure transparency, competition and savings were the railways leading the auction. By partnering with eBridge, our State client also found exceptional service, a dedicated team and a reliable system that delivers impressive results. 

A State partnered with eBridge saving more than $400,000

Our State client became a raving fan of our process due to our professionalism and the support we provide in every step. There were 2 vendors competing for two county truck haven janitorial services. The State's budget was $1,540,010 and the lowest bid was 1,097,000 after 58 total bids where placed with 28 time extensions. These remarkable results were obtained after 9 first place turnovers, guaranteeing market value. Being an extension of our clients' teams gets translated into success, competition and savings. 

A State Agency found almost $300,000 in savings on roadway sheeting furnishing and installment

A partnership with eBridge Full-Service Reverse Auctions and a State Agency was a success. After 3 vendors actively competing due to our reverse auctions' competitive environment, 225 bids were placed. The bidders were engaged to such an extend that there were 99 first place turnovers with 86 time extensions. Finally, this 1-year contract with an initial budget of $1,026,050, saved close to $300,000. eBridge was pleased to support the process and to be a true partner in every step of the way.

A State Agency sheds light on significant savings

A State Agency partnered with eBridge to purchase lighting maintenance. The entity had an initial budget of $502,362. However, by relying on eBridge, the State District was able to see more than $160,000 of savings at the end of the tunnel. There were 155 total bids placed by 2 vendors as well as 41 first place turnovers. The difference between 1st and 2nd place was only 0.72%. Thus, this 1-year contract with 4 optional 1-year renewals obtained market value. 

A State Agency "guards" more than $50,000 in savings

A State Agency partnered with eBridge to find savings, without sacrificing the quality, for an armed security guard services contract. eBridge strengthened the State's process by offering suggestions, sourcing, communicating with vendors, and becoming a true consultant. There were 174 total bids placed with 13 first place turnovers. Moreover, there were 75-time extensions. In the end, the State Agency found market value and 11% in savings. 

How can two vendors place 94 lowering bids?

A State trusted eBridge's expertise one more time with a reverse auction that let competition set the pace, with just two vendors. The State obtained more than $30,000 in savings for wildflower seeds and seeding services. Two vendors actively competed to win the contract. There were 94 total bids placed and the lowest spread between 1st and 2nd place was 0.38%. As a result, the State achieved market value as well as an efficient and transparent bidding process. 

A State Hospital secures 15% in savings using eBridge Full-Service reverse auctions

Cutting costs without sacrificing quality, as well as having more competing vendors, are crucial for every agency. eBridge has it covered. A State Hospital partnered with eBridge obtaining outstanding results in Unarmed Security Guard services. 6 vendors participated in the auction. After 140 bids were placed, the lowest bid was $430,451, 15% less than budgeted, and the spread between 1st and 2nd place was 0.24%. Thus, this 1-year contract with 4 optional 1-year renewals found market value. 

A State attained 19% electrifying savings

By partnering with eBridge, a state with a $463,250 budget for electrical maintenance achieved more than 19% in savings. 3 vendors placed 25 total bids. There was 1 first place turnover with 2-time extensions. This 1-year contract with 3 optional 1-year renewals found market value as well as the confidence to keep relying on eBridge Full-Service Reverse Auctions. 

State successfully follows the signs to save more than $2,300,000

Reverse auctions could be a lifesaver to procure quality items at a market price. A partnership between a State and eBridge paved the way to 18% in savings in a 1-year transportation panel sign installation and maintenance contract with 4 optional 1-year renewals. The competition was intense due to seven vendors placing 276 bids. Finally, the process revealed market price by having a 0.07% spread between 1st and 2nd place. 

A State saved more than $5,000,000 on Road Salt

A 24% savings on a Road Salt contract was attained due to a coordinated process between the State and eBridge. There were 908 total bids placed from 4 approved vendors. eBridge Full-Service Reverse Auctions supported the process in every step of the way. At the end of the auction, there was only a 0.02% spread between 1st and 2nd place, which undoubtedly shows market price.