City Saves 11% on Trash Hauling Equipment through Reverse Auction

Wednesday, August 19, 2009

City Saves 11% on Trash Hauling Equipment through Reverse Auction

In this city’s second event with BidBridge, 3 suppliers competed on a bid for 1,000 96-gallon and 100 64-gallon garbage carts.   The city needed the items to upgrade their current supply and add additional to compensate for the increased number of residents.

During the 34 minute event, a total of 10 bids were placed, resulting in 4 time extensions.  At the conclusion of the event, the City had saved over 11% versus their initial budgeted amount for both the 64 gallon and the 96 gallon garbage carts.