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Latest Federal & Government Contracting Companies' News Coverage
The Federal Communications Commission has released a map of areas that are eligible to become beneficiaries of a planned reverse auction, which could provide up to $4.53 billion in funds to mobile operators that can deliver internet access to rural areas, FierceWireless reported Wednesday. The Mobility Fund Phase II auction will make funds available over a 10-year period […] More
FedBid has secured a potential five-year contract to continue to provide reverse auction services to the U.S. Army‘s contracting offices. The company said Wednesday it will provide sourcing, quality assurance and account management support staff to help drive efficiency in the service branch’s acquisition process. The contract has one base year and four one-year options. FedBid […] More
FedBid has secured a potential five-year contract to provide reverse auction services and acquisition strategy support across the Commerce Department. The company said Wednesday the contract was issued through the U.S. Patent and Trade Office and can be used by buyers from all Commerce Department bureaus and offices. FedBid has facilitated more than $83.6 million in contract awards for the department […] More
FedBid has secured a contract to help the Agriculture Department utilize a reverse auction system to procure goods and services. The company said Thursday the contract was awarded through the U.S. Forest Service and can be used by procurement staff across all USDA agencies. FedBid CEO Joe Jordan said the company facilitates competition in a marketplace of more than 90,000 […] More
FedBid has secured a potential five-year contract to continue to provide reverse auction and acquisition support for the Labor Department‘s contracting offices. The company said Thursday the contract contains one base year plus four option years and will aid DoL’s acquisition strategy for commodity goods and simple services. FedBid CEO Joe Jordan said the company’s marketplace for reverse auction is […] More
Compusearch 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. […] More
Compusearch has updated its reverse auctioning support service for the federal government. The company sought to address buyers’ and sellers’ requirements, reviewed legacy third party services and considered regulatory guidance in the design of the refreshed PRISM acquisition management system, Compusearch said Thursday. Federal agencies requests for goods and services through PRISM and sellers that respond with the lowest price receive the award. “PRISM offers reverse […] More
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