in ,

Compusearch Unveils General Availability of Reverse Auctions Tool on Prism Acquisition Platform

Compusearch Unveils General Availability of Reverse Auctions Tool on Prism Acquisition Platform - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

CompusearchCompusearch will offer its reverse auction technology to the Defense Department and civilian agency clients through the company’s Prism acquisition platform as part of the Reverse Auctions system’s full general availability.

Compusearch said Tuesday the addition of the tool to the Prism platform follows a series of pilot programs at four federal agencies during the limited availability period for Reverse Auctions.

“Years ago, federal agencies discovered the great potential of reverse auctions to reduce prices paid and lead time necessary to buy products and simple services,” noted Compusearch CEO Reid Jackson.

He added Reverse Auctions works to address agency concerns regarding the need to reenter solicitation information onto third-party systems.

Compusearch said Reverse Auctions was designed to provide transparency, auditability, compliance and ease of use in the contracting process and is now available via Prism 7.2.

More than 120,000 System for Award Management-certified suppliers have registered to take part in Prism solicitations, the company added.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Products & Service

mm

Written by Scott Nicholas

Orbital ATK's Antares Rocket Set for September Return to Flight - top government contractors - best government contracting event
Orbital ATK’s Antares Rocket Set for September Return to Flight
Saab to Deliver Carl-Gustaf Ammo to Swedish Army; Gorgen Johansson Comments - top government contractors - best government contracting event
Saab to Deliver Carl-Gustaf Ammo to Swedish Army; Gorgen Johansson Comments