Reverse Auctions and Federal Agency Use

Rheanna Buckley (Editor)

Series: Government Procedures and Operations
BISAC: POL030000

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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 maximized. (Imprint: Novinka )

Preface

Chapter 1. Reverse Auctions: Guidance Is Needed to Maximize Competition and Achieve Cost Savings
United States Government Accountability Office

Chapter 2. Opening Statement of Richard Hanna, Chairman, House Committee on Small Business. Hearing on ''Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions''
Richard Hanna

Chapter 3. Testimony of Bill Sisk, Deputy Commissioner, Federal Acquisition Service, General Services Administration. Hearing on ''Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions''
Bill Sisk

Chapter 4. Statement of Nigel Cary, President, Cox Construction Co. Hearing on ''Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions"
Nigel Cary

Chapter 5. Statement of Louis J. Celli, Director, National Legislative Division, The American Legion. Hearing on ''Contracting Away Responsibility - Reverse Auctions in Federal Agency Acquisitions''
Louis J. Celli

Index

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