GSA Reverse Auctions

Published Date: 
May 10, 2016
Media: 
Summary:

This course provides information on the Reverse Auction platform, a tool designed to drive down costs of acquisitions to increase savings for customers and taxpayers.

Description

This course provides information on the Reverse Auction platform, a tool designed to drive down costs of acquisitions to increase savings for customers and taxpayers. Learning Objectives include:

  • Learn the definition of a reverse auction

  • Learn how Reverse Auctions change the procurement process

  • Understand key benefits

  • Learn how Reverse Auctions facilitate direct communication between buyers and sellers

  • Learn how Reverse Auctions provide transparency

Citation

"GSA Reverse Auctions," FAI Media Library, accessed August 19, 2019, https://www.fai.gov/media-library/item/gsa-reverse-auctions