eBridge hosted a Water Treatment Chemicals reverse auction for a city in the State of Kentucky. 3 vendors participated in the bid lasting 20 minutes. The vendor activity resulted in over 40+ lowering bids. eBridge continues to be the leader in reverse auction services for city governments buying bulk water treatment chemicals.
Chlorine
- 3 Vendors
- 42 Lowering Bids
- 22 First Place Turnovers
- Lowest Spread between 1st - 2nd Place was 0.12%
The reverse auction lasted 20 minutes allowing the city to receive the most competitive bid pricing possible. The city achieved a 0.12% difference between the 1st place and 2nd place vendor's bids.
Because of the high vendor competition, 22 first-place takeovers occurred during the auction.
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 view our press release from a previous water treatment chemicals reverse auction in 2024.