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 maximized.
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Format PDF ● Pages 79 ● ISBN 9781631176487 ● Editor Rheanna Buckley ● Publisher Nova Science Publishers ● Published 2014 ● Downloadable 3 times ● Currency EUR ● ID 7224334 ● Copy protection Adobe DRM
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