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Tuesday, November 2, 2010

The Millville Story: How Reverse Auctions Can Save Governments Serious Money and Avoid Other More Painful Budget and Tax Choices


Southbound New Jersey Route 55 at the exit for...Image via Wikipedia







In this article, we show how leaders of the town of Millville, New Jersey partnered with WorldEnergy to save over $350,000 a year on the city government’s electricity outlays, which meant that the community avoided having to raise taxes and/or cutting necessary public services. It stands as a case study for leaders at all levels of government to investigate the power and ease with which reverse auctioning can be employed as a strategic procurement tool today.
















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The Millville Story: How Reverse Auctions Can Save Governments Serious Money and Avoid Other More Painful Budget and Tax Choices | Bizcovering



David





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