eBridge hosted a Water Treatment Chemicals reverse auction for a city in the State of Kentucky. 15 vendors participated in the bid which lasted 26 minutes. The vendor activity resulted in over 480+ lowering bids. eBridge continues to be the leader in reverse auction services for water utilities making bulk water treatment chemical purchases. 

Water Treatment Chemicals

• 15 Vendors
• 484 Lowering Bids
• 85 First Place Turnovers
• Lowest Spread between 1st - 2nd Place was 0.03%

The chemicals involved in this reverse auction include: Ferric Chloride, Sodium Hydroxide, Polyaluminum Chloride, Powdered Activated Carbon, Hydrofluorosilicic Acid, Ammonium Sulfate, Potassium Permanganate, Sulfuric Acid & Zinc Orthophosphate. 

The reverse auction event lasted 26 minutes allowing the city to receive the most competitive bid pricing possible across all line items. The city achieved a 0.03% difference between the 1st place and 2nd place vendor's bids. 

Because of the heightened vendor competition, there were 85 first-place takeovers in the reverse auction event. Meaning the 1st and 2nd place vendors changed 85 times in 26 minutes! 

Reverse auction bidding events are the only way for water utilities to achieve this level of vendor competition. And with market pricing fluctuating, it's the best method to receive bids as close to current market pricing as possible. 

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.