LEXINGTON, KY, UNITED STATES, June 3, 2025 /EINPresswire.com/ -- The Kentucky League of Cities (KLC), a nonstock, nonprofit membership association proudly serving more than 370 Kentucky cities and municipal agencies, has partnered with eBridge. This impactful collaboration was possible due to the support of KLC members, the leadership from the City of Berea, and the visionary guidance of KLC Executive Director/CEO JD Chaney.
For the second consecutive year, the KLC and eBridge Procurement partnership achieved high-quality results and cost efficiency through a reverse auction. During the 2025 Cooperative Online Reverse Salt Auction, four vendors engaged in a live bidding event, collectively lowering their bids 390 times to offer KLC competitive pricing.
eBridge, a leader in full-service reverse auctions, facilitates a transparent and competitive bidding process. In a reverse auction, vendors compete by submitting multiple, successively lower bids in a live, sealed online environment. Unlike traditional procurement methods where vendors provide a single price, this dynamic format delivers measurable market value. Vendors only see their current bid and relative rank, encouraging them to offer their best price. Buyers can then select the lowest bid or award based on overall value.
This initiative reflects a strong commitment to innovation, fiscal responsibility, and community collaboration. The effort unified cities across the state, delivering both easy price collection and cost savings. Chaney’s vision and dedication have been instrumental in aligning KLC’s mission to enhance the quality of life within Kentucky's cities.
“KLC is proud to once again partner with eBridge to help our members secure the best possible prices for road salt,” said Chaney. “We are committed to finding innovative ways to help Kentucky cities stretch every dollar and deliver meaningful savings and services for the taxpayers they serve.”
As this collaborative effort evolves, eBridge remains committed to fostering strategic alliances that elevate every city in Kentucky to become a beacon of innovation in the region.
About eBridge Procurement
eBridge Procurement located in Louisville, KY is a leading provider of full-service reverse auctions working with over 250 public agencies in 40 states on tens of thousands of reverse auctions. We leverage years of experience to help procurement professionals contain costs and obtain the best pricing from qualified suppliers. With no direct cost to our clients, we offer strategic supplier sourcing, customized bid layouts, personalized support, and live supplier training. Our web-based platform requires no software to purchase or learn. We are proud of the millions of taxpayers and corporate dollars saved through cost reductions and purchasing efficiencies using eBridge reverse auctions.
Cindy Sisloff
eBridge Procurement
+1 877-245-8880
Email us here
Visit us on:
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PITTSBURGH, PA, UNITED STATES, December 3, 2024 /EINPresswire.com/ -- Pittsburgh Water is entering a new era – one with renewed emphasis on public health, the environment, and a responsibility to serve as stewards of the vital water services the region relies on each day. They are also committed to transparency and purchasing at a competitive price.
On November 12, 2024, Pittsburgh Water partnered with eBridge Procurement, a leading provider of full-service reverse auctions, to run a pilot reverse auction for the purchase of Sodium Permanganate 20% and Phosphoric Acid water chemicals. In a reverse auction, the roles of the buyer and vendor are reversed, and it replaces the traditional one price per vendor response. Vendors compete in a live, sealed, online auction by placing multiple lowering prices for a buyer’s product or service. Vendors only see their current bid and their rank compared to other vendors. Buyers can then award to the lowest responsible vendor in accordance with the applicable procurement law.
During solicitation development, Pittsburgh Water adjusted the unit of measure from gallons to pounds to open the scope for additional vendor participation. Pittsburgh Water’s competition increased with several new qualifying vendors that had not previously bid on these chemicals. With the addition of new vendors, as well as the reverse auction process, Pittsburgh Water received 245 lowering bids with hundreds of first-place takeovers during the reverse auction. After a little more than an hour of live vendor bidding, the agency saw a final bid price that was a 37.38% reduction from previous pricing.
“We’re very pleased with the increased competition and savings from the reverse auction approach,” said Pittsburgh Water CEO Will Pickering. “This is one of many ways Pittsburgh Water is being mindful of ratepayer dollars and demonstrates our commitment to responsible financial stewardship.” he said.
eBridge’s Regional Director, Ed Barnes, said “As prices increase, reverse auctions are the fastest way to determine if you are purchasing at market value. eBridge’s procurement expertise and proactive methods increase competition and control costs, without sacrificing quality”.
About eBridge Procurement
eBridge Procurement located in Louisville, KY, is a leading provider of full-service reverse auctions working with over 250 public agencies in 40 states. We leverage years of experience to help procurement professionals contain costs and obtain the best pricing from qualified vendors. With no direct cost to our clients, we offer strategic vendor sourcing, customized bid layouts, personalized support, and live vendor training. Our web-based platform requires no software to purchase or learn. We are proud of the millions of taxpayers and corporate dollars saved through cost reductions and purchasing efficiencies using eBridge reverse auctions. www.ebridgeprocurement.com
Cindy Sisloff
eBridge Procurement
+1 877-245-8880
email us here
Visit us on social media:
LinkedIn
YouTube
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.
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 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 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 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.
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.
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.
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.