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News, Page 2

  • September 26, 2012
    Detroit Schools Find New Way to Buy School Supplies
    By Sarah Cwiek
    Detroit Public Schools Officials are crediting purchasing supplies through the FedBid online marketplace with helping the district save hundreds of thousands of dollars in just a few months. District spokesman Steve Wasko said it has helped fix some problems with getting supplies to classrooms and estimates that using FedBid could save up to three million.
  • September 24, 2012
    Detroit Public Schools Adopts FedBid to Reduce Costs Up to 53%
    Detroit Public Schools
    Detroit, Michigan, September 24, 2012 – Detroit Public Schools in June became the first U.S. school district to use a national online marketplace tool for public sector commodity buys and has since generated over $800,000 in savings during the mission-critical back-to-school period during which essential supplies are procured and delivered to 100 schools in time for the first day of teaching and learning.
  • September 24, 2012
    DPS Saves With Online Auction
    By Chad Halcom
    Detroit Public Schools estimates it has saved nearly $1 million on purchasing costs in the four months since its new procurement chief, Dr. Tracy Joshua, adopted the fully-managed online marketplace, FedBid, to buy supplies. The district expects to shave about $5 million from its total procurement costs this fiscal year, and Joshua said about $3 million of that savings could come through FedBid.
  • September 13, 2012
    AbilityOne and Federal Procurement Professionals: Making a Real Difference
    By Glenn Richardson
    FedBid Senior Advisor, Glenn Richardson highlights the far-reaching positive impacts of federal government Buyers choosing AbilityOne Sellers for purchasing—from providing viable employment to those who need it most, to fueling small business growth in regions that need it most. This powerful piece makes it clear that buying from AbilityOne Sellers is truly making a difference, and shows how purchasing AbilityOne goods and services through their partnership with FedBid’s fully-managed online marketplace makes it easier, faster and smarter to buy through AbilityOne than ever before.
  • July 12, 2012
    Editorial: Guidance, Oversight Key As Agencies Seek New Ways to Save
    Facing tighter budgets, government agencies are finding innovative ways to save money and do more with less. Reverse auctions help these agencies by creating competition and securing greater savings on everything from medical equipment to cleaning supplies.
  • June 25, 2012
    Agencies Realize Cost Savings Through Reverse Auctions
    By Sarah Chacko
    Sarah Chacko, of Federal Times, writes about the proven benefits-driven federal agency adoption of reverse auctions for acquisitions, spotlighting specific successes of the FedBid online marketplace. “Agencies are increasing their use of reverse auctions to drive down prices on goods and services, from office supplies to medical equipment…FedBid reverse auctions on average saved 13.5 percent of what products and services would have cost through open competition, and 12 percent of what agencies would have spent had they used the federal supply schedule.”
  • June 6, 2012
    FedBid Contract Opens Multitude of Vendors to Navy
    By David Hubler
    David Hubler, senior editor of Washington Technology, writes about the FedBid’s recent Navy award, noting the beneficial impact of the Online Marketplace on federal procument, including average savings of more than 11 percent and significant improvement in the number of small businesses awards.
  • June 5, 2012
    FedBid Announces Department of the Navy Contract Award
    VIENNA, VIRGINIA, June 5, 2012- FedBid, Inc., the online reverse auction marketplace, announced today that the Department of the Navy has awarded the company a new multi-year agreement to provide reverse auction services. The award includes a base year, plus four option years.
  • May 30, 2012
    FedBid Receives U.S. International Trade Commission Contract
    VIENNA, VIRGINIA, May 30, 2012 – FedBid, Inc., the online reverse auction marketplace, announced today that the United States International Trade Commission has awarded the company a multi-year agreement to provide reverse auction services.
  • May 22, 2012
    FedBid Announces Department of Labor Contract Award
    VIENNA, VIRGINIA, May 22, 2012 – FedBid, Inc., the online reverse auction marketplace, announced today that the United States Department of Labor has awarded the company a multi-year agreement to provide reverse auction services. The award includes a base year, plus four option years.