U.S. General Services Administration
Reverse Auctions
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GSA’s ReverseAuctions platform celebrates 3rd anniversary by adding new features
GSA was established on July 1, 1949. A lot has changed since then, but we’re still working to deliver the best value in real estate, acquisition, and technology services to government and the American people. A recent success story has been our innovative ReverseAuctions platform. In the three years since its release, GSA’s customers have saved more than $18.5 million or 17 percent by using reverse auctions. And it’s been a boon for small business, too: they’ve been awarded more than 92 percent of the procurements conducted through GSA’s ReverseAuctions platform to date.
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GSA ReverseAuctions Open Market Changes Mean Even More Savings To Customers And Taxpayers
From day one, GSA ReverseAuctions has been a fantastic innovation for GSA’s customers. Now, a change means the government-run reverse auction tool is even more cost effective to federal, state and loc...