Great commentary by Jaime Garcia on why reverse auctions need to play a central role in federal acquisition strategies to, as he says, begin: "breaking the endemic status-quo culture of Government."
Garcia goes on to conclude that:
"Successful examples of reverse auctions already exist through both Defense and civilian agency use, so lessons learned are available for use and need to be expanded upon to help with widespread adoption. As OMB continues to issue guidance on improving federal acquisitions and government management in general, reverse auctions need to be part of this process of continuous improvement and increasing accountability to the taxpayer."
Read his complete analysis here:
Reverse Auctions: A Tool to Realize Real Cost Savings - GovLoop - Social Network for Government
If you follow our work here at the Reverse Auction Research Center, you know that we are recommending that leaders at ALL levels of government heed this advice. If you would like to learn more about how to make reverse auctions a part of your procurement strategy, please contact us today!
