Reverse Auctions & Federal Agency Use
Book Details
Format
Paperback / Softback
ISBN-10
1631176471
ISBN-13
9781631176470
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 1st, 2014
Print length
60 Pages
Weight
138 grams
Dimensions
15.30 x 23.10 x 0.60 cms
Product Classification:
Constitution: government & the state
Ksh 12,600.00
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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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