The City of Hollywood, FL wanted to contract security services through eBridge’s reverse auction process. The bid was extremely competitive with 23 approved suppliers. There were over 2,338 bids placed, with 177 time extensions, and 97 total first place turnovers. The lowest spread between 1st and 2nd place was a mere 0.07%, an amazing true market value. The City of Hollywood had a 36% savings on their budgeted value.