Category: Education supplies
In this county’s first event with BidBridge, 11 suppliers placed a total of 216 bids over the course of the 1 hour 39 minute bidding event.
The competition between the 11 suppliers led to 146 time extensions and 121 first place turnovers.
With a 14% savings versus budget and a 0.08% between first and second place, the county can feel confident it received true market value for the HP ProCurve Switches.
The school district’s second event with BidBridge, five suppliers competed to provide a variety of vans and trucks for the upcoming school year.
On one of the trucks, a Ford F250 Utility Body, 64 bids were placed with 15 first place turnovers. The result was a mere 0.05% spread between first and second place. On a second item, a Fords F250 with a tool box, bed liner and tow package, 48 bids were places with 5 first place turnovers and 32 time extensions resulting in a 0.14% spread between first and second place.
Overall, the buyer yielded over 50% savings versus budget for the five truck and van varieties.
In this school district’s fifth bid with BidBridge, 5 suppliers competed on a copy paper contract. The 5 suppliers placed a total of 76 bids over the course of the 35 minute bidding event, leading to 15 first place turnovers and a differential of only .19% between the first and second place suppliers at the conclusion of the bid.
This competition allowed this copy paper bid to beat the established state contract price by over $3.00 per case. Had the school system simply purchased their desired 18,480 cases on state contract they would have spent an extra $55,440.
The university sought BidBridge to assist in the purchase of IT equipment. Four suppliers placed 128 competitive bids over the course of the 1 hour 7 minute auction. The competition of the four suppliers led to 52 time extensions and 34 total first place turnovers across the three items of the bid.
The second line item was an Enterprise Tape Library, and on this item alone there were 23 first place turnovers resulting in a 0.18% difference between first and second place. The end result was $18,000 savings versus budget, and a compelling case for the university to award.