Lawmakers are marshaling arguments to restrict the contracting tool called a reverse auction, criticizing agency reliance on a practice dominated by a single private firm at a Thursday hearing of the ...

Last Thursday, fcw.com reported that the Veterans Affairs department's headquarters procurement shop had ordered a temporary halt to use of reverse auctions by the Veterans Health Administration (VHA) ...

Reverse auctions have absorbed a fair bit of criticism recently and FedBid, as the reigning king of the reverse auction space, has taken a few blows – but the company’s president, Joe Jordan, is ...

Every so often, innovations come along that are proclaimed to be the best thing since sliced bread. They promise to make old processes easier, old methods less costly, and old ways of doing business ...

Reverse auctions have become a permanent fixture in the electronics supply chain, despite indications that some segments of the industry are beginning to revert to a sellers' market.Blamed for ...

Saving money has always been a prime directive for successful businesses, and for many people, online reverse auctions may look like an effective e-business tool for doing just that. But research and ...

FORT BELVOIR, Va., Nov. 19 (UPI) -- The U.S. Defense Logistics Agency says it saved more than $1.6 billion in materiel costs over the past 14 months using a reverse auction procurement process.

OFPP Administrator Anne Rung's memo promises to work with agencies to gather information to help build a digital library on reverse auctions. The Office of Federal Procurement Policy has issued ...

Although a very customer-centric technology, Reverse Auction seems to have caught on with businesses worldwide because of their many advantages. Also called Blind Bidding, the potential vendors ...

In an era of new innovations and strategies, legal operations and procurement leaders have used novel tactics to reduce spend while simultaneously increasing the quality of legal work. But one tactic ...