eBridge hosted another water treatment chemicals reverse auction for a city in Illinois. 11 vendors spent 54 minutes bidding on 5 separate water treatment chemicals, which resulted in over 160+ lowering bids. eBridge continues to be the leader in reverse auction services for water utilities making bulk water treatment chemical purchases.
Chemicals for Water Treatment Plant
- 5 Vendors
- 162 Lowering Bids
- 54 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 0.26%
The chemicals involved in this reverse auction included sodium hypochlorite, carbon dioxide, calcium oxide, fluorosilicic acid, and anhydrous ammonia.
This reverse auction event lasted for 54 minutes. During the live competitive bidding environment bidders placed 162 lowering bids. This resulted in the first place vendor changing 54 times during the reverse auction. As a result, the city received current market level pricing.
Reverse auction bidding events are the most effective way for water utilities to get the best price from chemical vendors. 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 Bloomington Utilities experience with reverse auctions when making bulk water treatment chemical purchases.