An Oklahoma City Partners with BidBridge to Purchase Heavy Equipment

Thursday, October 29, 2009

An Oklahoma City Partners with BidBridge to Purchase Heavy Equipment

This Oklahoma town engaged BidBridge for the purchase of three dump trucks.  Five suppliers participated in the event.

The event lasted 54 minutes yielding 72 bids, 15 first-place-turn-overs.  The clock extended 22 times, allowing the five suppliers to continue to submit competitive pricing.  At the conclusion of the event, first and second place bidders were separated by 0.01%, indicating to the city that true market value for the dump trucks had been achieved.