eBridge News (Commodities)
eBridge Procurement hosted a reverse auction for a school district in the state of Texas. 16 vendors participated in the reverse auction which resulted in over 625+ lowering bids. The high vendor activity allowed the school district to recognize a 0.04% difference between the 1st and 2nd place vendors' bid totals.
Statistics from the Gasoline, Diesel, & Propane Fuel Reverse Auction:
- 16 Vendors
- 626 Lowering Bids
- 80 First Place Turnovers
This reverse auction lasted for 5 hours and 28 minutes, allowing the school district to receive competitive pricing on their line items. The statistics from the bidding event show reverse auctions are the best way for school districts to find current market pricing for their commodity and services purchasing process.
eBridge continues to expand and be the leading provider for reverse auction services for school districts in the United States.
If you are interested in learning more about our public procurement reverse auction tool, you can reach out to our President by clicking this link here.
eBridge hosted a light bulbs, ballasts, and retro fit kits Reverse Auction for a state government in May 2025. 2 vendors participated in the reverse auction for 4 line items resulting in 69 lowering bids. eBridge continues to host reverse auctions for state governments to find their purchasing departments current market pricing.
Light Bulbs, Ballasts, and Retrofit Kits
- 2 Vendors
- 69 Lowering Bids
- 36 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 1.00%
This reverse auction event lasted 38 minutes. As a result, vendors were able to place over 60+ lowering bids to help the state find current market level pricing. As final bid results were posted, the state recognized a 1% total bid amount variance between the 1st and 2nd place vendors.
eBridge is continuing to provide reverse auction services for state governments buying commodities and services.
If you would like to learn more on the impact of eBridge Reverse Auctions working for state governments, click here to view information about our current contracts with state purchasing departments.
eBridge hosted a reverse auction for Sodium Hypochlorite for a large city in the state of Tennessee. 2 vendors participated in the bid, resulting in 26 lowering bids. eBridge continues to be the leader in reverse auction services for public entities buying bulk water treatment chemicals.
Water Treatment Chemical - Sodium Hypochlorite
- 2 Vendors
- 26 Lowering Bids
- Lowest Spread between 1st - 2nd Place was 0.66%
The reverse auction event lasted 28 minutes allowing the city to receive the most competitive bid pricing possible. The city achieved a 0.66% difference between the 1st place and 2nd place vendor's bids.
Reverse auction bidding events are the best way for water utilities to find current market pricing for their large chemical purchases.
eBridge is continuing to expand the use of reverse auction in public procurement across the United States.
If you would like to view more water treatment chemicals reverse auction results, click here to read about the City of Pittsburgh's experience with reverse auctions when making bulk water treatment chemical purchases.
eBridge hosted a water & wastewater treatment chemicals reverse auction for a city in Illinois. Three vendors participated in the bid for two water treatment chemicals. The vendor activity lasted for 63 minutes, and resulted in 178 lowering bids. eBridge continues to be the leader in reverse auction services for water treatment facilities.
Water & Wastewater Treatment Chemicals
- 3 Vendors
- 178 Lowering Bids
- 79 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 0.42%
The chemicals involved in this reverse auction included ferric chloride and liquid sodium permanganate.
Vendors spent 63 minutes placing 178 lowering bids during the live competitive bidding environment. The heightened vendor activity allowed the city to receive bids as close to current market level pricing as possible.
Since the first-place vendor changed 79 times during the reverse auction, the city saw a 0.42% difference in bid amounts from the 1st and 2nd place vendors. eBridge considers any reverse auction a success when this number is below 2%.
eBridge is working to expand the use of reverse auctions for bulk water & wastewater treatment chemical purchases for public entities across 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.
eBridge hosted a reverse auction for sodium hyposchlorite & ferric chloride for a large water utility provider in the state of Pennsylvania. 11 vendors participated in the reverse auction, resulting in over 480+ lowering bids. eBridge continues to be the leader in reverse auction services for public entities buying bulk water treatment chemicals.
Sodium Hypochlorite & Ferric Chloride Reverse Auction Results January 2025
- 4 Vendors
- 113 Lowering Bids
- 20 First Place Turnovers
- Lowest Spread between 1st – 2nd place vendors was 0.06%
This reverse auction event lasted for 25 minutes. Vendors placed 113 bids, which led to 57 time extensions during the reverse auction event. Because the vendors placed so many bids, the 1st place vendor changed 20 times during the live bidding.
Reverse auction bidding events are the best way for water utilities to see this level of vendor competition. eBridge is continues to bring the benefits of reverse auctions to public procurement entities across the United States. If you would like to see previous results we've brought to water utilities across the United States, please view previous results here.
eBridge Procurement hosted a large fuel reverse auction in the state of North Carolina. 14 vendors participated in the reverse auction, which allowed the entity to receive 3,740+ bids on the fuel line items. eBridge excels in helping entities find market price for bulk fuel purchasing.
Fuels
- 14 Vendors
- 3,744 Lowering Bids
- 668 First Place Takeovers
- Lowest Spread between 1st - 2nd Place was 0.01%
The reverse auction event lasted for a combined 14 hours, which allowed the entity to find current market level pricing for their massive bulk fuel purchase. The statistics from the event prove reverse auctions create the most competitive bid environments for public entities making bulk commodity purchases.
During the event, the 1st and 2nd place vendors changed 668 times. Which is what allowed the entity to see a 0.01% difference between the 1st and 2nd place vendor's bids. Anytime the spread between the 1st and 2nd place vendors is below 2%, eBridge considers the reverse auction a success.
eBridge continues to expand the use of reverse auctions for public entities across the United States. If you would like to view full results from other fuel reverse auctions, click here to view our press release with
eBridge Procurement hosted a reverse auction for a school district in the state of Florida. 9 vendors participated in the reverse auction which allowed the school district to receive over 360+ lowering bids. The heightened vendor activity allowed the school district to recognize a difference of 0.040% between the first and second place vendors.
Statistics from the Gasoline & Diesel Reverse Auction:
- 9 Vendors
- 364 Lowering Bids
- 37 First Place Turnovers
This reverse auction lasted for 44 minutes, allowing the school district to receive competitive pricing on their line items. The statistics from the bidding event show reverse auctions are the best way for school districts to find current market pricing for their commodity and services purchasing process.
eBridge has found success helping school districts find market pricing for large annual fuel bids across the United States.
If you are interested in learning more about our public procurement reverse auction tool, you can reach out to our President by clicking this link here.
A private sector client from Tennessee collaborated with eBridge to run a reverse auction for kitchen equipment and associated services. Two vendors came to the auction and placed 63 total bids with 14 first place turnovers in under an hour. The lowest spread between 1st and 2nd place was 0.91%. With a savings of $1.5 million, our client saved 40% of their projected $3.6 million budget.
This state’s Transportation Department and eBridge, partnered together to procure used railroad rails at a great price. The 3 suppliers, who participated in the auction, placed 47 bids with 29 first place turnovers in 21 minutes. Though the auction only lasted a few minutes, it saved the state $79,490 on the purchase. In the end, the spread was only 0.12% between first and second place bidders, saving the state 29%!
eBridge collaborated with this state’s Department of Corrections for their air filters purchase. The approved 3 vendors placed 8 bids with 5 first place turnovers. Competition was fierce throughout this lighting fast 19-minute bid, which resulted in a spread between first and second place of 1.07%, and saved the state 27% on this 5-year contract.