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Title: Reverse Auctions & Federal Agency Use
Edited by: Rheanna Buckley
ISBN10-13: 1631176471 : 9781631176470
Format: Paperback
Size: 230x155mm
Pages: 60
Weight: .140 Kg.
Published: Nova Science Publishers, Inc (US) - June   2014
List Price: 69.99 Pounds Sterling
Availability: Temporarily Out of Stock, more expected soon 
Subjects: Constitution: government & the state
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.
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