38+ Most Viewed Gsa Reverse Auction Background. Gsa's new reverse auction platform reduces federal agencies' acquisition processing time and costs, drives prices and costs down, improves transparency and collection of data, and allows for small. A reverse auction is a type of auction in which the traditional roles of buyer and seller are reversed.
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For those unfamiliar with the concept, reverse auctions are auctions where the bidder is the seller and not the buyer. Each agency has its own auction rules and may be subject to government ordinances. Gsa's reverse auction site is similar to the current, commercially run reverse auction website, www.fedbid.com.
Secrets to winning reverse auctions:
Knowing how best to position your offerings in a reverse auction process can be an effective and efficient way to sell to. Govdeals provides services to government agencies allowing them to sell surplus assets via the internet. Learn about the reverse auction approach, and how to use it to your advantage. Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items.
