Reverse Auctions DO WORK within the Federal Government
The challenge is ensuring that you and your agency/department maintain control during the procurement process to ensure that proper government purchasing procedures and best practices are being followed when using reverse auctions. The current ‘marketplace’ methodology for conducting reverse auctions limits your control, drives additional costs to you as an agency, and focuses on smaller cost saving solicitations versus larger potential opportunities. Come learn how Procurex has worked with our clients, both government and private, to conduct more than 35,000 sourcing events, managing more than $37Billion in contract value and generating documented savings north of $7Billion.
Top Categories Example
Pharmaceuticals - Saved more than $20Million on a single pharmaceutical reverse auction event!
Prime Vendor Contracts - Procurex has developed both the technology and processes to allow our clients to manage highly complex prime vendor contracts
Salvage Services - Worked with an overseas contract to deliver north of $300,000 in savings on a salvage contract
Machinery Spare Parts - Procurex regularly conducts spare parts auctions that save more than 20% off of traditional pricing
Energy - On average saving between 3-10% on natural gas, electricity and fuel oils!
How is the Procurex Program and Platform Different?
Ready to Learn More?
To discuss a current Procurex program and how it might fit your agency, or to build a customized program to best fit your agency’s needs, contact us at firstname.lastname@example.org or by calling us today at 814-806-1917.
Procurex, through our partnership with Aeon Nexus (a minority owned small business, with SDB 8 (a) status), has become an approved GSA schedule supplier and you can reference our GSA price book information via Aeon Nexus’ GSA ID GS-35F-0238M.