eBridge hosted a light bulbs, ballasts, and retro fit kits Reverse Auction for a state government in May 2025. 2 vendors participated in the reverse auction for 4 line items resulting in 69 lowering bids. eBridge continues to host reverse auctions for state governments to find their purchasing departments current market pricing.
Light Bulbs, Ballasts, and Retrofit Kits
- 2 Vendors
- 69 Lowering Bids
- 36 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 1.00%
This reverse auction event lasted 38 minutes. As a result, vendors were able to place over 60+ lowering bids to help the state find current market level pricing. As final bid results were posted, the state recognized a 1% total bid amount variance between the 1st and 2nd place vendors.
eBridge is continuing to provide reverse auction services for state governments buying commodities and services.
If you would like to learn more on the impact of eBridge Reverse Auctions working for state governments, click here to view information about our current contracts with state purchasing departments.