GSA's reverse auctions won't have an auctioneer with a gavel, but Steve Kelman wonders if they'll even be fair to other players. (Stock image) As FCW has reported, GSA launched a reverse auction site ...

'Suppliers will kick and scream before they participate...' In the world of B2B auctions, the reverse auction is king. But is that just the buyer talking? Adrian Mello investigates the benefits or ...

The Associated General Contractors of America is urging building owners to carefully consider the ramifications of purchasing construction goods and services via e-mail through a "reverse auction" ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...

One key part of the $700 billion rescue plan requires the government to take "toxic assets" off the books of financial institutions. The Treasury Department has said it will use market mechanisms ...

Given the number of class actions and other representative matters filed across the country, a phenomenon known as the reverse auction has increasingly evolved over the past decade, which affects both ...

REVERSE AUCTIONS MAY seem a consumer-centered technology, but savvy businesses are discovering that by allowing buyers, contractors, and service providers to bid prices down, they save more than just ...

Reverse auction websites no longer generate headlines. But make no mistake: the reverse auction is alive and well. According to a recent survey, processors are frequent reverse auction participants, ...

Perhaps the most successful federal example of a reverse auction came in 2000, when the Defense Finance and Accounting Service (DFAS) needed 6,200 computers and a few hundred more laptop PCs and ...

Purchasing officials at the University of the Incarnate Word say they have saved a surprising 29.5 percent on their latest large purchase -- a big order of lighting equipment -- by using a relatively ...

Virginia Gov. Mark R. Warner recently announced the state created $350,000 in savings by purchasing its IT media storage through a "reverse online auction." The results, which amount to a 30 percent ...

An online auction format that puts sellers into competition for individual buyers has attracted a quarter-million postings on eBay since its introduction in December, the Web marketplace said on ...