Saves 28% versus budget on two year contract
A large city in Florida partnered with BidBridge to engage in a contract for the purchase traffic signs to outfit the city for the next two years.
Ten suppliers participated in the bid, placing 164 total lowering bids over the course of the 30 minute bid. First place changed hands 34 times. At the conclusion of the bid first and second place suppliers were a mere 0.26%, indicating true market value had been achieved for the purchase.