Interesting story out of Texas, where reverse auctions just became "legal" for public procurement in September. This story details how PTI (no, not the Tony Kornheiser-Michael Wilbon version - Public Technologies, Inc.) is helping Texas cities begin to make reverse auctioning work as part of their acquisition strategies. Read how the City of Fort Worth is progressing in "It's Bid Mania" below:
It's...Bid Mania
We here at the Reverse Auction Research Center (http://ping.fm/KUmJP.reverseauctionresearch.com/) will keep you informed as more cities, counties, and other governmental entities in Texas discover the power of reverse auctions to save major taxpayer dollars!
David
