State Agency Runs Competitive Printing Reverse Auction Bid

Wednesday, February 8, 2012

State Agency Runs Competitive Printing Reverse Auction Bid

A state health agency on the East Coast ran a very successful ID card printing bid using eBridge’s reverse auction technology.  The agency had used a previous quote to establish a budget of $147,000 for the five year contract.  Seven bidders were approved by the agency to compete for the business.  At the end of the 25 minute online bidding event, a local vendor won the bid at $107,902.   The second place bidder was only $9 behind and third place was less than $1,000 off the lead.  This once again proves that an eBridge reverse auction delivers not just a great low price, but competitive alternatives.