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GSA Reverse Auctions

Published:

Belongs to Collection: GSA Lunch, Learn, and Earn

Citation

FAI, "GSA Reverse Auctions," FAI Media Library, accessed August 17, 2022 17:19, https://www.fai.gov/media-library/item/gsa-reverse-auctions

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