Vienna, VA, May 20, 2016 – Utilization of FedBid’s online marketplace continues to grow due to the ease-of-use, efficiency and time savings it provides for Buyers, as well as the greater access to contracting opportunities it creates for small business Sellers.
“FedBid continues to grow as a strategic procurement solution for Buyers, not just in federal government but also among state and local government and private sector organizations because of the efficiency, time savings and great customer service we deliver,” said FedBid CEO Joe Jordan. “At the same time, Sellers – especially small business suppliers – know that FedBid provides them with greater access to contracting opportunities that will help them grow their business. In fact, last year more than 88 percent of contracts awarded through FedBid went to small businesses.”
When asked what they like about FedBid’s online marketplace, respondents to an April 2016 Buyer survey indicated overwhelmingly that time savings and efficiency (75 percent), customer service (73 percent) and ease of use (70 percent) as their top three reasons.
FedBid is a leader in driving innovation, competition and efficiency in how government agencies, private companies and other organization purchase the goods and services they need. Its open, online reverse auction marketplace combines patented technology with a hands-on team of buy management, sourcing, quality assurance and customer service experts to help Buyers achieve their purchasing goals and Sellers compete more effectively.
FedBid works with more than 75 federal agencies and departments, state and local government agencies, and private sector companies. It’s marketplace of more than 83,000 Sellers is utilized by more than 16,000 Buyers.
To find out more about how FedBid can help you buy better or sell smarter please visit our website www.FedBid.com, stop by booth #217, or attend our breakout session with Diego Patterson, Director of Sales at 2:35 p.m. on Wednesday to learn more about FedBid and the services we offer!