eBridge Procurement hosted a reverse auction for a state government for conflict monitors. Two vendors participated in the bid for 10 line items. The vendor activity resulted in over 360+ lowering bids. eBridge continues to be the leader in reverse auction services for state governments. 

Conflict Monitors

• 2 Vendors
• 363 Lowering Bids
• 94 First Place Turnovers
• Lowest Spread between 1st - 2nd Place was 0.06%

This reverse auction lasted 3 hours and 14 minutes allowing the state government competitive pricing across all line items involved. As a result, the state was able to find current market pricing for their conflict monitors bid. 

Since the state ran their bid using reverse auction, the variance between the 1st and 2nd place vendor bids was 0.90%. 

eBridge will continue to expand the use of reverse auction at the state government level in the United States. 

If you would like to view more reverse auction success at the state government level, click here to view our state contracts for reverse auction services.