The state commerce department partnered with BidBridge to establish a print service contract.  Five suppliers competed for the printing of SCENE Magazine for one year.  Four of the five suppliers were sourced in state, with the remaining supplier based in a bordering state, keeping the supplier base near the distribution area.

The event lasted nearly an hour-and-a-half during which the five suppliers placed 131 bids.  The event allowed for 45 first place turn-overs and 92 time extensions.  At the conclusion of the event, first and second place were separated by only .63%, indicating that true market value had been achieved.

Based on the lowest, final bid, the state’s commerce department achieved a 43% savings versus budget and a 47% savings versus last years’ cost for the magazine printing cost.