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Reverse Auctions & Federal Agency Use By Rheanna Buckley

Reverse Auctions & Federal Agency Use by Rheanna Buckley

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Reverse Auctions & Federal Agency Use Summary

Reverse Auctions & Federal Agency Use by Rheanna Buckley

Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items. Reverse auctions differ from traditional auctions in that sellers compete against one another to provide the lowest price or highest-value offer to a buyer. This book examines what agencies are buying through reverse auctions and trends in their use; how agencies are conducting reverse auctions; and the extent to which the potential benefits of reverse auctions are being maximised.

Table of Contents

Preface; Reverse Auctions: Guidance Is Needed to Maximize Competition & Achieve Cost Savings; Opening Statement of Richard Hanna, Chairman, House Committee on Small Business. Hearing on "Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions"; Testimony of Bill Sisk, Deputy Commissioner, Federal Acquisition Service, General Services Administration. Hearing on "Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions"; Statement of Nigel Cary, President, Cox Construction Co. Hearing on "Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions"; Statement of Louis J. Celli, Director, National Legislative Division, The American Legion. Hearing on "Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions"; Index.

Additional information

NGR9781631176470
9781631176470
1631176471
Reverse Auctions & Federal Agency Use by Rheanna Buckley
New
Paperback
Nova Science Publishers Inc
2014-06-01
60
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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