eBridge Procurement hosted a reverse auction for a state government for janitorial services. Seven vendors participated in the bid for two line items. The vendor activity resulted in over 170+ lowering bids. eBridge continues to be the leader in reverse auction services for state governments.
Janitorial Services
- 7 Vendors
- 177 Lowering Bids
- 31 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 0.10%
This reverse auction lasted for 34 minutes allowing the state government competitive pricing across all line items involved. As a result, the state was able to find current market pricing for this janitorial services bid.
Since the state ran their services bid using reverse auction, the variance between the 1st and 2nd place vendor bids was 0.10%.
eBridge continues to expand the use of reverse auction at the state government level in the United States.
If you would like to see more reverse auction success at the state government level, click here to view our state contracts for reverse auction services.