The City of Versailles, KY Saves 9.3% on 2012 One Year Chemical Contract

Tuesday, January 10, 2012

The City of Versailles, KY Saves 9.3% on 2012 One Year Chemical Contract

The City of Versailles, KY ran their 2nd chemical bid through eBridge’s reverse auction system. The City of Versailles, KY needed 12 chemicals, for a 1 year contract. The hour and a half event was extremely competitive, with 16 participating suppliers and 461 bids placed. There were 95 first place turnovers, causing a high/low spread of 0.03% and reaching true market value. The City of Versailles were pleased with the results, and saved 9.3% on their budgeted value.