Although the General Services Administration eagerly rolled out its own reverse auction platform earlier in July to generate lower prices on commodity goods for federal agencies, newly introduced ...

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, ...

Acquisition officials at the Veterans Affairs Department are drafting a report for top VA officials on how the department has managed its use of reverse auctions, a spokeswoman said March 8. On March ...

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 ...

Millions of dollars could be saved if a contracting method were used correctly by federal agencies, according to a new Government Accountability Office report. GAO also estimated that 24 percent of ...

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 ...

Two large public sector health plans in Minnesota say they jointly will save more than $28 million over the next two years — and potentially more down the road — after using new technology to evaluate ...

Getting your Trinity Audio player ready... Switching the company that manages Colorado’s state employee drug plan is estimated to save more than $27 million over the next five years, but the manager ...

Bond issuers may wish to pursue an unmodified reverse Dutch auction for debt repurchases, an effective but underutilised transaction template that is gaining popularity. During the second half of 2022 ...