US Navy to work with FedBid for auctions

8 October 2010

9 October 2010 | Lindsay Clark

The US Navy, US Department of the Interior, and US Marshals Service have all awarded FedBid contracts to provide reverse auction services for commodity procurement.

“The Navy, Interior Department and US Marshals Service have very different missions, but they share a common goal in acquisition management: to be prudent and effective stewards of the taxpayers’ money,” said Glenn Richardson, FedBid president.

“Whether an agency is outfitting Navy sailors, park rangers, or Federal law enforcement officers, FedBid gives federal acquisition managers access to tens of thousands of suppliers competing to meet their agency’s needs,” Richardson said.

More than three thousand buyers from dozens of major Federal agencies and more than 55,000 registered sales agents at nearly 38,000 companies participate in FedBid’s reverse auction marketplace, the company said.

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