We have found that chemical bids are a great fit for reverse auctions because they create a highly competitive environment for commodity purchases. Budgets are tight and if your agency is looking for strategies to control chemical costs, it could make sense to consider a reverse auction bidding strategy. Below is a summary of the most actively bid chemicals:
South Carolina City (Population 120,000) |
Chlorine |
3 Suppliers |
36% decrease from 2012 pricing |
Lime |
4 Suppliers |
21% decrease from 2012 pricing |
Phosphoric Acid |
6 Suppliers |
43% decrease from 2012 pricing |
Sodium Hydroxide |
6 Suppliers |
14% decrease from 2012 pricing |
California City (Population 209,000) |
Granular Activated Carbon |
3 suppliers |
24% decrease from 2012 pricing |
Kentucky City (Population 740, 000) |
Sodium Hydroxide |
4 Suppliers |
11% decrease from 2012 pricing |
Pennsylvania City (Population 300,000) |
Calcium Hypochlorite |
3 suppliers |
14% decrease from 2012 pricing |
Caustic Soda (25%) |
4 Suppliers |
42% decrease from 2012 pricing |
Copper Sulfate |
4 Suppliers |
13% decrease from 2012 pricing |