REVERSE AUCTIONS MAY seem a consumer-centered technology, but savvy businesses are discovering that by allowing buyers, contractors, and service providers to bid prices down, they save more than just ...

WASHINGTON—The Federal Communications Commission has released the “Incentive Auction Reverse Auction Bidding System User Guide.” The 67-page document details the process for using its auction software ...

If a manufacturer needed to purchase 50,000 lb of cement at a good price, it might try using a "reverse" auction on the Internet. That bidding technique is catching on among owners, particularly large ...

Reverse auctions, which have paid off in spades at State, could help other agencies looking to deal with tight IT budgets. Sometimes a good idea gets even better with the passage of time. Ten years ...

As recently as last year, Philadelphia required any vendors interested in working with the city to submit bids by physically bringing in a box with three paper copies. When it came to sealing ...

LAMAR COUNTY, MS (WDAM) - A new law regarding purchases by all Mississippi government entities will go into effect on January 1 st. State Auditor Stacey Pickering made a stop by the Lamar County ...

India, Oct. 15 -- The Government has taken several decisions to rejig the mining auction process. It has asked for public feedback on some issues, and media reports indicate internal official ...