Recent succesful bidders:
show all
Auction Name: Notebooks / Value: 3,230 Eur / Location: Bratislava (SVK) / Auction keywords: hardware, laptops, Bratislava, Stare Mesto Auction Name: Limousine Services / Value: 10,890 USD / Location: New York (U.S.) / Auction keywords: VIP transport, taxi, limousine services, NYC Auction Name: Car insurance / Value: 2,500 SEK / Location: Lulea (SWE) / Auction keywords: Insurance, Sweden Auction Name: Office Stationery / Value: 98,295,284 IDR / Location: Bengaluru (India) / Auction keywords: Letters, envelopes, toners, office equipement, Bengaluru, Karnataka Auction Name: Glass wine bottles / Value: 862,160 CNY / Location: Shadong (China) / Auction keywords: Glass containers, glass wine bottles, glass jar, China Auction Name: Translation Services / Value: 37,792 PLN / Location: Krakow (Poland) / Auction keywords: Official language translation services, Krakow Auction Name: Roof tiles / Value: 49,954 HRK / Location: Brela (Croatia) / Auction keywords: Tiles, building materials, Croatia, Split Auction Name: Legal Counsel / Value: 68,500 Eur / Location: Cagliari (Italy) / Auction keywords: Legal advisory, law services, legal counsel, Italy, Sardegna Auction Name: Long-term hotel accomodation / Value: 149,600 Eur / Location: Munich (Germany) / Auction keywords: Hotel accomodation, hotel services, Munich, luxury hotels Auction Name: Car rental services / Value: 25,320 USD / Location: San Rafael (Argentina) / Auction keywords: Car rental, passenger car, leasing Auction Name: Heavy truck tires purchase / Value: 1,156,500 RUB / Location: Krasnogorsk (Russia) / Auction keywords: Truck tires, Krasnogorsk, Moscow district Auction Name: Mobile Devices / Value: 4,540 USD / Location: Pittsburg (U.S.) / Auction keywords: Mobile devices and accessories, Pittsburg, Samsung Galaxy S6


It is like an eBay of Washington, a well-appointed and well-connected online marketplace for lucrative government contracts.

Deals for everything from pens to pesticides, from painting offices to performing autopsies — all that and more is up for grabs on FedBid, a fast-growing private company that has positioned itself at the profitable nexus of government and business.

Financed by an investment company connected to Stephen M. Case, of AOL fame, and Ted Leonsis, majority owner of the Washington Wizards, FedBid has assembled a roster of Beltway insiders to promote an unusual approach to how contracts are meted out. Its latest big hire is Joseph Jordan, who was until recently head of procurement policy for the Obama administration.

Through FedBid, government agencies use “reverse auctions” — in which the lowest bid wins, rather than the highest — to decide who is awarded contracts. In theory, the process can save money for taxpayers by encouraging businesses to offer the best possible prices. In practice, it also makes a lot of money for FedBid, which can collect fees from the winning bidders who, in turn, pass those costs to the government.

Read more at: http://www.nytimes.com/2014/04/07/business/reverse-auctions-draw-scrutiny.html?_r=0

Source: A version of this article appears in print on April 7, 2014, on page B1 of the New York edition with the headline: ‘Reverse Auctions’ Draw Scrutiny.

By: DANIELLE IVORY / APRIL 6, 2014

Said about bestauction

  • Martin Gracka, CEO of Food producing company, EU

    Martin Gracka, CEO of Food producing company, EU

    Great businness helper!

    „Simple to use and intelligent than you can imagine. We procure any items or services with bestauction now. A really helpfull and cost saving tool.“

  • Andrea Chomski, Procurement manager, Austin - Texas

    Andrea Chomski, Procurement manager, Austin - Texas

    Significantly helps me to get results!

    „I searched for the building contractors and they’ve delivered in a few seconds in my area. I’m actually astonished at how quickly bestauction helps me to get results. Furthemore, using bestauction I’ve been able to get considerable price discount for building materials without a need going anywere to negotiate.“

  • Patric Goore, Parter, Wallenberg IT consultants

    Patric Goore, Parter, Wallenberg IT consultants

    We actively use the online eAuction for product procurement

    „We actively use the online reverse auction for product procurement , and in turn, we get the benefits in terms of more efficient and transparent purchasing process.“