News for Buyers
- November 7, 2013
Members lead MICC in reverse auction savings of $21 million
By Daniel P. Elkins
At a time where the DoD is under increasing pressure to manage spend, Army Mission and Installation Contracting Command (MICC), a key FedBid Buyer, is receiving great recognition for achieving $21.8 million in savings in fiscal 2013 by purchasing through reverse auctioning. The $21 million saved through reverse auctions was part of more than $852 million in overall savings by the MICC in fiscal 2013. The savings achieved allowed Army organizations to reallocate their monies toward other mission priorities.
- November 1, 2013
Detroit Public Schools Get 19% Back for Students
VIENNA, VA. — In June 2012, Detroit Public Schools (DPS) adopted FedBid, the fully managed online marketplace offering a better way for governments, business and educational institutions to buy goods and simple services. This marked a first, not only for DPS, but also for FedBid, who had only recently opened up their public sector-proven marketplace’s doors to the K-12 education segment. The results of this marketplace “first” are in, and the numbers tell a story of a partnership and solution that has delivered significant wins for both organizations.
- July 19, 2013
A Close Look at GSA’s New Reverse Auction Platform
By David Wyld
This first in a multipart Spend Matters series, Reverse Auction Research Center’s Dr. David Wyld offers a preliminary overview of GSA’s recently launched reverse auction platform.
Throughout, he proves the case for this as an undeniably important development in the public sector’s overdue embracement of reverse auctioning.
- July 19, 2013
Should Kelman stay quiet on reverse auctions?
By Steve Kelman
In this FCW “The Conversation” blog, Dr. Steven Kelman offers responses to comments regarding his stance made in his previous post FCW’s “The Lectern” blog,
relating to GSA’s new reverse auction site, which appears to have been developed to compete with FedBid and other commercial reverse auction providers.
- July 16, 2013
What to make of GSA’s reverse auction play
By Steve Kelman
Through his FCW Lectern blog, Dr. Steven Kelman offers his reaction to GSA’s new reverse auction site, which appears to have been developed to compete with FedBid and other commercial reverse auction providers. He notes that, “As a general matter, competition is a good thing for any market, including the market for reverse auction services. Like any other market, as demand for reverse auctioning in government grows, it will inevitably create more and stronger competition. On the other hand, there could be intellectual property issues with GSA’s tool (I claim no expertise in IP law), and there also is a philosophical issue about whether it is appropriate to use government funds to develop an application that is already commercially available, which will then compete with private companies while charging government customers nothing.”
- July 15, 2013
Getting government on contract management’s ‘leading edge’
By Cory Bennett
FedScoop examines findings of a recent IBM Center for the Business of Government report, which supports tail-spend management as a public sector savings and efficiency acquisition solution. Per the article, “For decades, the procurement strategy has been to focus on the core 20 percent of purchases. As a result, there are fewer savings to be found in those core competency purchases. But turn a critical eye toward the “tail-spend” purchases, and the savings might abound — between $113 billion and $226 billion for the federal government — believes Dr. David Wyld, a management professor at Southeastern Louisiana University and director of the school’s College of Business’ Strategic e-Commerce/e-Government Initiative, who also heads efforts of the Reverse Auction Research Center.”
- July 7, 2013
The Smart-Shopping Way to Cut Defense Spending
By Michele A. Flournoy
In this timely Wall Street Journal op-ed, former undersecretary of Defense, Michele Flournoy makes the case for overhauling the outdated, wasteful procurement process for the U.S. to avoid readiness reductions. She offers five potential solutions for acquisition reform, the first being online reverse auctions, citing FedBid as a prime example.
- May 15, 2013
The Airport Commerce Connection: Bridging the Airport Purchasing Gap
VIENNA, VA, May 15, 2013—FedBid Inc., the fully-managed online marketplace offering a better way for governments, business and educational institutions to buy simple goods and services, in partnership with the Airport Minority Advisory Council (AMAC) and channel partner BSN Central, is proud to announce the launch of “The AMAC Commerce Connection”.
- May 10, 2013
Score one for diversity and good business
by Nick Wakerman
Washington Technology highlights the noteworthy appointment of Vincette Goerl to FedBid’s board of advisors, an appointment which not only gives FedBid an advisor with stellar credentials, but also represents a milestone for Women in Technology, a professional group for women in the IT industry. Throughout, the article offers insight on Goerl’s impressive background; she spent one career in government, and served as the chief financial officer at the U.S. Customs Service and the U.S. Forest Service. She’s also worked in industry at the CGI Group, and now has her own consulting practice focused on federal financial management. The article also discusses key roles Goerl will play in helping FedBid move forward into new markets.
- April 2, 2013
FedBid SVP, Federal, Doug Stuck, on History and Trends in Federal Government and Sequestration
This Washington Exec profile of FedBid Senior Vice President of Federal, Doug Stuck, offers insight on who inspired him to grow into the senior leader he is today, what brought him to FedBid over a decade ago and what continues to drive his passion for the company. Through his interview, he also offers specifics on some of FedBid’s current success stories and upcoming expansion into new markets.