eBridge hosted a reverse auction for a water treatment facility in the State of North Carolina. Six vendors participated in the bid for 4 water treatment chemicals. The vendor activity resulted in 174 lowering bids. eBridge continues to be the leader in reverse auction services for water treatment facilities.
Water & Wastewater Treatment Chemicals
- 6 Vendors
- 174 Lowering Bids
- 3 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 0.0900%
The water treatment chemicals involved in this reverse auction included:
Liquid Sodium Hypochlorite, Corrosion Inhibitor, Liquid Sodium Hydroxide, and Liquid Aluminum Sulfate.
This reverse auction lasted for 18 minutes. This allowed the water treatment facility to receive the highest competition across each line item.
Because the water treatment facility used a eBridge Reverse Auction to collect pricing, the lowest difference between their 1st and 2nd place vendors was 0.0900%.
eBridge is continuing to expand the use of reverse auctions to collect pricing for water treatment chemicals in the United States.
If you want to learn how reverse auctions can help water treatment facilities find market price for chemical purchases, please click here to view more bid results.