A State Hospital secures 15% in savings using eBridge Full-Service reverse auctions

Wednesday, December 23, 2020

A State Hospital secures 15% in savings using eBridge Full-Service reverse auctions

Cutting costs without sacrificing quality, as well as having more competing vendors, are crucial for every agency. eBridge has it covered. A State Hospital partnered with eBridge obtaining outstanding results in Unarmed Security Guard services. 6 vendors participated in the auction. After 140 bids were placed, the lowest bid was $430,451, 15% less than budgeted, and the spread between 1st and 2nd place was 0.24%. Thus, this 1-year contract with 4 optional 1-year renewals found market value.