Reverse Auction for Uniform Services Saves Taxpayer Money

Thursday, August 1, 2013

Reverse Auction for Uniform Services Saves Taxpayer Money

The Department of Transportation for a southern State recently ran its bid for uniform services as a reverse auction.  The bid was extremely competitive and the cost to the state was decreased by over $80,000 a year or 16%.  Since the contract could potentially run for 5 years, that’s a savings of $400,000 to the taxpayers.  eBridge was very involved with developing the specifications, participated in a pre-bid meeting and trained all of the suppliers individually on the process.  There were five suppliers approved by the buyer to participate and the two lowest bidders were separated by less than half a percentage point.   The reverse auction ran on eBridge’s proprietary online platform.  The process not only saved the State money, but eBridge’s fees will be completely paid by the supplier that is awarded the contract.