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Online and Reverse Auctions - Archive

Cities Find Success with Online Reverse Auction. Government Technology - July 7, 2003 -- John McGill - Kentucky League of Cities. "FRANKFORT, Ky. -- The Kentucky League of Cities (KLC) has come up with an online "reverse auction" system that not only is saving taxpayers money and helping cities meet their dwindling budget demands, but also serving as a model for other states..."

ebay - person to person online trading

Electronic Bazaar: Reverse Auctions Save Buyers Time, Money, by Geoff Gauger. Federal Times, Published: November 4, 2002. "..Buyers throughout government are embracing reverse auctions because of their proven ability to stretch budgets and reduce workload...."

Firstgov - Shopping and Auctions

• FirstGov opens for business, By Margaret Kane. CNET News.com, July 16, 2002. "The federal government is joining the ranks of e-tailers. The government on Monday announced it would open up an online auction and shopping section on its FirstGov portal, consolidating sales of property, real estate, cars, souvenirs, books, gifts and government auctions in one spot...."
• FirstGov opens storefront, By William Matthews. Federal Computer Week, July 16, 2002. "Want to buy some ferrochromium from the national defense stockpile?..."

Forward Thinking About Reverse Auctions - It's easy to overestimate the value of this online procurement tool. By Mohanbir Sawhney. CIO Magazine, 1 June 2003. "ONLINE REVERSE AUCTIONS look like a silver bullet that cuts costs quickly using e-business tools. Reverse auctions are fixed-duration bidding events hosted by a single buyer, in which multiple suppliers compete for business. Proponents claim reverse auctions can lower the cost of procuring products and services as much as 20 percent, making them the e-business application of choice for companies faced with declining sales and margins. However, the raw savings overstate the value of this vaunted online procurement technique..."

Governments Employ Online Auctions to Buy and Sell, by Joe Dysart, Government Technology International, November 2003. "In the United States and other countries, government agencies have begun to use online auctions -- in which the highest bidder obtains the item -- to sell surplus or confiscated equipment. Also, some agencies have used "reverse auctions" in which the government advertises some item it wishes to purchase, and potential sellers undercut one another to provide the lowest price..."

GSAauctions.gov - The General Services Administration (GSA) has a history of pioneering electronic solutions for streamlining and enhancing the management of excess and surplus Federal assets. GSA continued the transformation of the Federal disposal process throughout the late 1990's with the introduction and subsequent refinement of the Federal Disposal System (FEDS), a centralized electronic clearinginghouse for reporting and transferring excess/surplus personal property within the Federal community and among eligible donees. The GSAAuctions.gov site has been developed to complete GSA's transformation to an all-electronic asset management system. The site offers the general public the opportunity to bid electronically on a wide array of Federal assets. The auctions are completely web-enabled, allowing all registered participants to bid on a single item or multiple items (lots) within specified timeframes. GSAAuctions.gov offers Federal personal property assets ranging from commonplace items (such as office equipment and furniture) to more select products like scientific equipment, heavy machinery, airplanes, vessels and vehicles. GSAAuctions.gov's online capabilities allow GSA to offer assets located across the country to any interested buyer, regardless of location.

• GSA: Auctions going, going strong BY Dan Caterinicchia Federal Computer Week 2 November 2000 "Despite its success with reverse auctions, the General Services Administration still has challenges to overcome to perfect the system, GSA insiders said Wednesday at the Coalition for Government Procurement's fall conference. The demand for faster procurement cycles, lower prices and connecting the best suppliers with government buyers led GSA to explore new procurement methods — including reverse auctions, in which suppliers bid down the price of goods that the government wants to buy...."
• GSA Auctions rings up $17.6M, By Judi Hasson. Federal Computer Week, January 18, 2002. "The General Services Administration raked in $17.6 million during 2001 selling cars, coats, planes and even a Coast Guard cutter online...."

Public sector eAuction saves a million, By Ian Cuddy. eGov monitor Weekly, 12 May 2003. "The Environment Agency claims to have saved £1 million in nine months by using a revolutionary online auctioning system for procuring goods and services..." (c) KAM Ltd 2003.

A spark for e-auctions. Kablenet, 2 September 2002. "The sale of electricity supplies to the Environment Agency has set a precedent for reverse online auctions..."

United Kingdom

• Whitehall to use online auction software, By Emma Nash. vnunet, 25 June 2003. "Technology should speed up procurement process. The government plans to use electronic auction software to allow private sector companies to bid more easily for public contracts..."
• Tissues for our boys online. Kablenet, 27 August 2003. "The Ministry of Defence has carried out an internet 'auction' to give the armed forces basic supplies..."
• OGC launches 'Electronic Reverse Auction' framework for government procurement. Public Technology, 4 December 2003. "The Office of Government Commerce (OGC) has announced the names of the five suppliers who will form its new Framework Agreement, designed to supply Electronic Reverse Auction services to the public sector. BravoSolution, Achilles, Trading Partners, BT, WIPRO are the firms selected..."
• UK Government to encourage electronic reverse auctions for public procurement. eGovernment News – 4 December 2003 – United Kingdom – eProcurement. "The UK’s Office of Government Commerce (OGC) has announced on 02/12/2003 that it had established a Framework Agreement with 5 suppliers (BravoSolution, Achilles, Trading Partners, BT and Wipro) for the provision of electronic reverse auction services to the UK public sector. The Framework Agreement will be managed by OGC’s commercial trading arm, OGCbuying.solutions..."
• OFT gives advice on web auctions - useful to e-Government services. Public Technology, 15 April 2004. "The OFT has launched new web pages on its website offering consumers tips for safe trading when using internet auctions or similar sites..."
• Government pushes e-auctions - OGC recommends e-auctions to help meet public sector efficiency targets, by Gareth Morgan, vnunet.com 24 Jun 2004. "Electronic auctions will be key to driving down government procurement costs to free up funds for service developments..."
• Reverse the auction. Kablenet, 23 June 2004. "Two leading government procurement officials have called for a wider use of reverse electronic auctions. John Oughton, chief executive of the Office of Government Commerce, and Hugh Barrett, chief executive, OGCbuying.solutions, were speaking at the GC2004Expo conference on 22 June 2004..."
• Reverse e-auctions shaves £250,000 off council procurement costs. Public Technology, 2 September 2004. "East Lancashire hosted a cutting edge 'reverse e-auction'; that shaved £20,000 off the cost of printer cartridges..."
• UK Government may set up e-auction service for professionals. eGovernment News, 6 September 2004 - United Kingdom - eServices for businesses. "According to press reports, the UK Government is considering the creation of an e-marketplace allowing qualified professionals to sell their services online..."
• e-Auction for IT saves 4.5 million pounds for NHS Trust. Public Technology, 31 October 2005. "A group of NHS trusts have achieved potential savings of nearly 30 per cent on this year's bill for IT Hardware via an on-line auction..."
• Healthy savings for NHS, By eGov monitor Newsdesk. 31 October 2005. "e-Procurement cuts cost of hardware for the health service. An e-Auction run by the Office of Government Commerce has helped NHS Trusts lower their IT bills..."

United States

• Postal Service first to try online reverse auctions, BY William Matthews Federal Computer Week, 17 April 2000 "The U.S. Postal Service has put its stamp of approval — at least tentatively — on online auctions. USPS next month plans to receive bids via the Internet when it picks suppliers for pre-printed and pre-stamped envelopes, for fuel and for leases on truck trailers. The move makes the Postal Service the first federal agency to wade into the fast-growing realm of business-to-business Internet auctions, where prices are bid down instead of up...."
• Drag a Wild Horse, BY Heather Harreld, Bryant Jordan and Heather B. Hayes. Federal Computer Week 24 April 2000. "The Bureau of Land Management has put online auctioning to work to fulfill one of its missions. BLM, by law, must protect the thousands of wild horses roaming federal land in the West. To control the population and balance the ratio of range resources to herd size, BLM has auctioned off horses since 1973 under the Adopt-a-Horse Program. What was once a typical old-style auction has been turned into a cyberventure. Today, potential adopters can log on to a BLM Web site, view several color pictures of the adoptees BLM has to offer and electronically apply for permission to adopt. Those who prove they have the facilities and background to take on a former herd animal can bid for their favorite horse during a real-time online auction, which takes place every three to four months...."
• GSA holding online garage sales, BY William Matthews. Federal Computer Week, 15 May 2000 (US) "The federal government is getting ready to clean house online. Through electronic auctions, the General Services Administration hopes to unload used autos, old office furniture and a host of other surplus items.... "
• Reverse auctions save Navy millions, By Michael Hardy. Federal Computer Week, April 28, 2003. "The Naval Supply Systems Command (Navsup) has cut its acquisition costs by an average of 20 percent on some transactions with help from software to manage reverse auctions..."
• States find reverse auctions limiting for IT buys, By William Welsh. Government Computer News, 22 December 2004. "States are finding reverse auctions less effective for buying IT goods and services than other commodities, a new report concludes..."
• Agencies should shift to online auctions, scholar says, By Kimberly Palmer. Govexec.com, January 3, 2005. "Sellers ranging from large corporations to an ex-husband with a used wedding dress have made fortunes on eBay - but the federal government has been less successful with online auction tools..."

Virginia

• Virginia Announces $350,000 Saved with Reverse Online Auction. News Release - Government Technology, February 17, 2004. "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 reduction in the materials' cost, represent savings success from Virginia's Partners in Procurement (VAPP) "spend management" initiative..."

Last updated: 24 November 2009

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