eBridge hosted a reverse auction for sodium hyposchlorite & ferric chloride for a large water utility provider in the state of Pennsylvania. 11 vendors participated in the reverse auction, resulting in over 480+ lowering bids. eBridge continues to be the leader in reverse auction services for public entities buying bulk water treatment chemicals.
Sodium Hypochlorite & Ferric Chloride Reverse Auction Results January 2025
- 4 Vendors
- 113 Lowering Bids
- 20 First Place Turnovers
- Lowest Spread between 1st – 2nd place vendors was 0.06%
This reverse auction event lasted for 25 minutes. Vendors placed 113 bids, which led to 57 time extensions during the reverse auction event. Because the vendors placed so many bids, the 1st place vendor changed 20 times during the live bidding.
Reverse auction bidding events are the best way for water utilities to see this level of vendor competition. eBridge is continues to bring the benefits of reverse auctions to public procurement entities across the United States. If you would like to see previous results we've brought to water utilities across the United States, please view previous results here.