Description

Book Synopsis
Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items. Reverse auctions differ from traditional auctions in that sellers compete against one another to provide the lowest price or highest-value offer to a buyer. This book examines what agencies are buying through reverse auctions and trends in their use; how agencies are conducting reverse auctions; and the extent to which the potential benefits of reverse auctions are being maximised.

Reverse Auctions & Federal Agency Use

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    £999.99

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    A Paperback / softback by Rheanna Buckley

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      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 01/06/2014
      ISBN13: 9781631176470, 978-1631176470
      ISBN10: 1631176471

      Description

      Book Synopsis
      Reverse auctions are one tool used by federal agencies to increase competition and reduce the cost of certain items. Reverse auctions differ from traditional auctions in that sellers compete against one another to provide the lowest price or highest-value offer to a buyer. This book examines what agencies are buying through reverse auctions and trends in their use; how agencies are conducting reverse auctions; and the extent to which the potential benefits of reverse auctions are being maximised.

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