Save Money with a Government Auction on Oltiby

If you're a procurement officer for a government agency, you likely spend a great deal of time looking for needed supplies at the lowest possible price. If so, you could save a lot of time and money by purchasing those supplies through a reverse online government auction.

A reverse online auction allows you to post an order for the supplies and materials you need. Then, sellers compete for your business by offering you the lowest price. As you can imagine, this competition just keeps driving your purchase price even lower, which means you save money.

While this is a great way for anybody to save money, government entities save even more money by placing a government auction on Oltiby. That is because the government gets special auction services that are not available to the general public. For example: Government agencies can post 2 auctions and pay only once. One of those auctions is available to the general public and the follow up auction is open to prescreened, selected and pre-qualified sellers. Plus, the government pays a lower fee for a successful auction, just 2.75% to 5.25% of the lowest bid price regardless of what bid is selected.

See another example where the State of Virginia announces that its procurement office saved over $350,000 using reverse online auctions for IT media storage purchases. State of Pennsylvania also convinced by reverse auction: save up to $12 millions dollars in their office expenses. One more? Read about the State of California using the reverse auction procurement method to save millions

Just imagine how much time and money you could save by hosting a government auction or several auctions for materials and supplies right from your office desk. With all of the tools right there at your fingertips, you might end up having more time on your hands than you know what to do with.

See also another great article on Government Reverse Auctions.