Reverse auctions are inappropriate platforms for procurement of construction services. Due to the complexities of design and construction projects, the procurement of these services using the reverse ...

The expanded use of online reverse auctions is creating significant cost savings for taxpayers and major efficiency improvements for federal contracting officials, according to a survey released in ...

Lawmakers are marshaling arguments to restrict the contracting tool called a reverse auction, criticizing agency reliance on a practice dominated by a single private firm at a Thursday hearing of the ...

Last Thursday, fcw.com reported that the Veterans Affairs department's headquarters procurement shop had ordered a temporary halt to use of reverse auctions by the Veterans Health Administration (VHA) ...

OFPP Administrator Anne Rung's memo promises to work with agencies to gather information to help build a digital library on reverse auctions. The Office of Federal Procurement Policy has issued ...

Every so often, innovations come along that are proclaimed to be the best thing since sliced bread. They promise to make old processes easier, old methods less costly, and old ways of doing business ...

FORT BELVOIR, Va., Nov. 19 (UPI) -- The U.S. Defense Logistics Agency says it saved more than $1.6 billion in materiel costs over the past 14 months using a reverse auction procurement process.

In an era of new innovations and strategies, legal operations and procurement leaders have used novel tactics to reduce spend while simultaneously increasing the quality of legal work. But one tactic ...

A project manager sits down at his computer at 9 a.m., logs into a Web site, and types in his company's bid for electrical construction services. Over the next hour, he watches the price for work ...

From 2005 to 2008, Maricopa County, Ariz., supplied bulk flour for its eight jails, which used 5.5 million pounds over the course of those three years. During that time, the price of bulk flour spiked ...

REVERSE AUCTIONS MAY seem a consumer-centered technology, but savvy businesses are discovering that by allowing buyers, contractors, and service providers to bid prices down, they save more than just ...