Reverse Auctions – The Future of Government Contracting?
December 17, 2013
On December 9, 2013, the U.S. Government Accountability Office released study GAO-14-108 entitled “Reverse Auctions – Guidance Is Needed to Maximize Competition and Achieve Cost Savings.” The study focused on the Departments of the Army, Homeland Security, the Interior, and Veterans Affairs and their use of reverse auctions to acquire predominantly commercial items and services, predominantly…