A Midwestern state’s water district engaged BidBridge for the purchase of two water treatment chemicals.  The bid was comprised of four line items, with pricing segmented out for a 6 month and 1 year contracts for each.  The chemicals included ferric sulfate and hydrofluorosilicic acid.

Seven suppliers placed a total of 31 lowering bids over the course of the one hour, 58 minute event.   The final overall pricing for the event yielded a 21% savings versus budget.

The buying organization was thrilled with the pricing and is slated to run several more events through BidBridge reverse auction  process in the near future.