In the town’s first event with eBridge, 3 suppliers competed in an effort to earn the contract for a slurry seal road project.
The 3 suppliers placed 35 bids over the course of the 58 minute event. Contrast that with the paper process, in which the same 3 suppliers would have only placed a single bid each.
The result was 14 first place turnovers and 19% savings versus budget. Just as importantly, the first and second suppliers were separated by only 1.44% at the conclusion of the bid, ensuring the town that they had achieved true market value for this project.