Reverse Auction Saves Local KY Water District over $300k on Annual Purchase of Water Treatment Chemicals

Friday, April 27, 2012

Reverse Auction Saves Local KY Water District over $300k on Annual Purchase of Water Treatment Chemicals

Since 2009, this local KY agency has run 5 chemical bids through eBridge’s reverse auction process.   Their latest running this week resulted in an estimated savings of $310,800 or 24%.  16 suppliers placed 592 bids (between 8 chemicals) resulting in 179 first-place turnovers.   The lowest spread between 1st and 2nd place was 0.06%.  Chemicals are just one of many purchases that continue to produce significant savings through the reverse auction process.  With such a large supplier base, regardless of the chemical, eBridge always seems to get a great response for participation.