Reverse Auctions And Federal Agency Use
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Reverse Auctions And Federal Agency Use
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Author : Rheanna Buckley
language : en
Publisher: Gazelle Book Services, Limited
Release Date : 2014-05-10
Reverse Auctions And Federal Agency Use written by Rheanna Buckley and has been published by Gazelle Book Services, Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Auctions categories.
Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items. Reverse auctions differ from traditional auctions in that sellers compete against one another to provide the lowest price or highest-value offer to a buyer. This book examines what agencies are buying through reverse auctions and trends in their use; how agencies are conducting reverse auctions; and the extent to which the potential benefits of reverse auctions are being maximized.
Reverse Auctions And Federal Agency Use
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Author : Rheanna Buckley
language : en
Publisher: Nova Science Publishers
Release Date : 2014
Reverse Auctions And Federal Agency Use written by Rheanna Buckley and has been published by Nova Science Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Commerce categories.
Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items. Reverse auctions differ from traditional auctions in that sellers compete against one another to provide the lowest price or highest-value offer to a buyer. This book examines what agencies are buying through reverse auctions and trends in their use; how agencies are conducting reverse auctions; and the extent to which the potential benefits of reverse auctions are being maximised.
Contracting Away Accountability Reverse Auctions In Federal Agency Acquisitions
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Author : United States. Congress. House. Committee on Small Business. Subcommittee on Contracting and Workforce
language : en
Publisher:
Release Date : 2014
Contracting Away Accountability Reverse Auctions In Federal Agency Acquisitions written by United States. Congress. House. Committee on Small Business. Subcommittee on Contracting and Workforce and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Auctions categories.
The Potential Impact Of Reverse Auctions On The Department Of Defense Supplier Base
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Author : James G. Fabby
language : en
Publisher:
Release Date : 2001-12
The Potential Impact Of Reverse Auctions On The Department Of Defense Supplier Base written by James G. Fabby and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-12 with categories.
Acquisition reform has resulted in many changes throughout DoD procurement. The draw down of the workforce and financial constraints demand acquisition professionals conduct business in a smarter, more efficient manner. The technology today provides Internet platforms that allow the commercial marketplace to take advantage of electronic commerce. Consequently, several Federal and State Government agencies have tamed to Reverse Auctions for potential cost savings. Reverse Auctions have been conducted by several Government organizations within the past year and according to most reports, they were found to be a huge success. The focus for this analysis is to determine what impact, if any, the new Reverse Auction pricing initiative may have on the DoD Supplier Base. It includes an in-depth review of the Reverse Auction literature as well as a survey of over 40, historical and non- traditional, Government suppliers. The results of the survey uncovered several major concerns in respect to the use of Reverse Auctions within the Government. These concerns were analyzed and conclusions were made as to their validity. Several of these concerns are valid and are analyzed in Chapter IV. This thesis concludes with recommendations for the Reverse Auction process in the future.
Electronic Reverse Auctions In The Federal Government
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Author :
language : en
Publisher:
Release Date : 2007
Electronic Reverse Auctions In The Federal Government written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Cost categories.
In light of the limited recognition of electronic reverse auctions (e-RA) in the acquisition field, the purpose of this research paper is to further examine the use of e-RAs throughout the federal government and the Department of Defense (DoD). By exploring a multitude of auction types and designs that have been or are currently being used in the private sector, these practices set a basis for researching the auction types being used in the public sector. This paper further explores the regulations guiding the use of e-RAs and investigates the federal government's application of reverse auctions through studies, reports, and interviews with users of e-RAs. Details as to what attributes are prevalent in these e-RAs, what features are best suited for e-RAs, and what benefits have been derived from the use of e-RAs in the federal government are also included. Finally, the researchers found that e-RAs have increased transparency, cost savings, and efficiencies in the acquisition process. Although reverse auctions are being used effectively, the researchers found that there are still opportunities for improvement including incorporating a fully functional best-value tool into e-RA technology and developing more thorough federal guidance on e-RAs as an alternative pricing method.
Reverse Auctions
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Author : Michele Mackin
language : en
Publisher:
Release Date : 2014-01-13
Reverse Auctions written by Michele Mackin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-13 with categories.
Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items. Reverse auctions differ from traditional auctions in that sellers compete against one another to provide the lowest price or highest-value offer to a buyer. This report reviewed issues related to agencies' use of reverse auctions. It examines (1) what agencies are buying through reverse auctions and trends in their use; (2) how agencies are conducting reverse auctions; and (3) the extent to which the potential benefits of reverse auctions are being maximized. The report found that found that the potential benefits of reverse auctions -- competition and savings -- had not been maximized by the agencies. Tables and figures. This is a print on demand report.
Contracting Away Accountability Reverse Auctions In Federal Agency Acquisitions
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Author : United States. Congress
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-12-07
Contracting Away Accountability Reverse Auctions In Federal Agency Acquisitions written by United States. Congress and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-07 with categories.
Contracting away accountability - reverse auctions in federal agency acquisitions : joint hearing with Small Business Committee, Subcommittee on Contracting and Workforce before the Subcommittee on Oversight and Investigations of the Committee on Veterans' Affairs, U.S. House of Representatives, One Hundred Thirteenth Congress, first session, Wednesday, December 11, 2013.
Wielding The Virtual Gavel Dod Moves Forward With Reverse Auctions
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Author : Susan L. Turley
language : en
Publisher:
Release Date : 2002-06
Wielding The Virtual Gavel Dod Moves Forward With Reverse Auctions written by Susan L. Turley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-06 with categories.
This paper first reviews the background of reverse auctions, starting with their history, including use by the private sector and by state and local governments. The paper also provides a general description of how reverse auctions work and looks at the federal government's experience with reverse auction procurements, including an overview of the perspective of the different services. Next, the paper addresses the baseline question of whether reverse auctions are legal, followed by explaining what regulatory guidance exists. The paper then reviews some of the difficulties previous reverse auctions have faced, the challenges in properly implementing them, and some of the concerns among government and industry users. The paper evaluates the validity of some of those criticisms, as well as assessing possible solutions to the various problems. The paper next concludes that reverse auctions are a valuable procurement tool that will continue to grow in popularity. With that baseline assumption, the paper then analyzes opinions regarding whether reverse auctions require additional regulatory guidance. Finally, the paper asserts that while the reverse auction experience to date does not indicate a need for extensive regulation, a few areas could benefit from more formalized guidelines.
Online Reverse Auctions
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Author : Bruce A. Roll
language : en
Publisher:
Release Date : 2000-12
Online Reverse Auctions written by Bruce A. Roll and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-12 with Electronic commerce categories.
Reverse Auctions (RA) are the next gene ration of procurement application software designed to link acquisition reform and common DoD procurement business processes with commercial best practices and advances in electronic commerce. When fully implemented, it will serve the DoD and Federal Government. This research examines RAs and emerging electronic commerce technologies that are revolutionizing the business industry today. Through a literature review and interview process, an analysis of RAs along with eBreviate, a commercial RA contracting venture and leading RA software applications in e-commerce is presented. Innovation analysis is applied to the data gathered from the research to develop a new process design. As analysts predict that by 2003, business to business e-commerce will grow to $1 .3 trillion and 95% of business industry is going to go to RAs, only an aggressive implementation of innovative technologies today will prepare Government for the procurement needs of tomorrow. It is to this end that this research is conducted, with the intent of fostering innovative change in Government pricing.
Reverse Auctions And Universal Telecommunications Service
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Author : Scott Wallsten
language : en
Publisher:
Release Date : 2008
Reverse Auctions And Universal Telecommunications Service written by Scott Wallsten and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
The United States now spends around $7 billion on universal service programs-subsidies intended to ensure that the entire country has access to telecommunications services. Most of this money supports telecommunications service in high cost (primarily rural) areas, and the High Cost fund is growing quickly. In response to this growth, policymakers are considering using reverse auctions, or bids for the minimum subsidy, as a way to reduce expenditures. While the U.S. has not yet distributed funds for universal service programs using reverse auctions, the method has been used widely. First, reverse auctions are akin to standard government procurement procedures, which call for firms to bid on government contracts to keep prices down. Sending contracts out for bid is common in both simple and complex government contracting. Second, many countries around the world have used reverse auctions for distributing universal funds. This paper reviews global experiences with reverse auctions and discusses their implications for the U.S. In particular, I review reverse auctions in Australia, Chile, Colombia, India, Nepal, and Peru. Not all of the auctions were successful, but they clearly demonstrate that reverse auctions can be an effective tool for revealing information about the true cost of providing universal coverage and for reducing expenditures on subsidies.