eBridge Procurement hosted a reverse auction event in the state of Arkansas for Water Treatment Chemicals. 6 vendors participated in the bid, resulting in over 330+ lowering bids. eBridge continues to create competitive bid environments for water utilities across the United States.  

Ferric Chloride Reverse Auction Bid Results 

• 2 Vendors
• 61 Lowering Bids
• 30 First Place Turnovers
• Lowest Spread between 1st - 2nd Place Vendors was 0.21%

Ferric chloride was the only water treatment chemical involved in this reverse auction event.

This reverse auction event lasted for 29 minutes, which allowed the city to receive competitive bids for all line items. Because of the heightened vendor competition, the first-place vendor changed 30 times during the live bidding.

Reverse auction bidding events are the only way for water utilities to achieve this level of vendor competition. No other bid format creates this competitive of a bid environment 

eBridge continues to spread the use of reverse auction in public procurement entities across the United States. If you would like to see other results we've brought to water utilities across the United States, please view previous reverse auction results here.