City Public Works Department Saves 16% vs. Budget with eBridge

Wednesday, June 29, 2011

City Public Works Department Saves 16% vs. Budget with eBridge

A Kentucky city public works department ran a fully-managed purchasing event for the procurement of chemicals through eBridge Monday to achieve a savings margin of 16% against their budgeted amount. 7 total suppliers participated in this event During the event, there were 141 total bids placed, 19 first place turnovers, and 16 bid extensions. True market value was achieved through a 1st – 2nd place spread of less than 2%. This event truly models the potential of the eBridge team to deliver remarkable results to our clients. With initial bids of over $100,000 this event finished with the lowest bid coming in at $38,700.

eBridge assisted with this event from start to finish, leading throughout the entire process. We added value by sourcing additional suppliers, writing and developing specs, and training the buyer and suppliers. eBridge has extensive experience running a variety of auctions for municipals, as well as Fortune 1000 companies, medical centers, and Universities. We have run over 1300 fully-managed purchasing events such as this one, and can help any company achieve remarkable results.