State DOT Purchases Self Propelled Milling Machine through BidBridge

Thursday, October 8, 2009

State DOT Purchases Self Propelled Milling Machine through BidBridge

A state Department of Transportation partnered with BidBridge to purchase a self-propelled milling machine.

This piece of equipment is produced in three sizes: small, medium and large. The DOT wanted to purchase a medium-sized milling machine, of which only three suppliers exist in the US. For this piece of equipment only two of the three suppliers were capable of meeting the specifications.

In the 57 minute event, the two suppliers placed 86 bids, yielding 34 first place turn-overs and 38 time extensions. At the conclusion of the event, the two suppliers were separated by a mere 0.05%, indicating to the DOT that true market value had been achieved. The final savings was 9% versus budget.