GSA Reverse Auction Platform
"Does your business sell products or simple services?"
The GSA Reverse Auction (RA) platform provides an opportunity to help grow your business through an efficient, effective, and transparent system that federal, state, and local agencies use to procure products and simple services. In fact, in fiscal year 2015, 27 agencies awarded a total of $98.9 million through the GSA RA platform and more growth is projected for future years. Further, more than 91 percent of all of those awards were made to small businesses.
Multiple Bids, Multiple Opportunities
In a reverse auction the buyer creates a live auction that solicits sellers for products or services. Sellers can then place a bid or multiple-bids to deliver those products or perform the services. Here are some key features:
Register for GSA RA platform and Take a Test Drive
- Sellers can bid on multiple auctions at once and place multiple bids before an auction closes.
- Sellers can view real-time pricing as their competitors' bids are displayed. No business proprietary information is released to competitors. Only the bid price alongside generic names are displayed for bidders to view (i.e., Bidder #1 Price $100,000, Bidder #2 Price $125,000).
To gain access to the multiple opportunities in the GSA RA platform Register Here
. Your firm will receive new auction notifications based on the NAICS codes selected at the time of registration. GSA encourages buyers and sellers to learn more about the GSA RA platform by taking a test drive at the Test Drive Demo
If you are interested in learning more about GSA's Reverse Auctions, or attending industry events focused on reverse auctions, please complete the form at this link http://goo.gl/forms/AOozhwH8CG
or contact the GSA Reverse Auction team at firstname.lastname@example.org