BidBridge Named Official eProcurement Provider for the State of South Carolina
LOUISVILLE, Ky., July 14 /PRNewswire/ – BidBridge, an eProcurement services provider for the public and private sectors, today announced it has been awarded the reverse auction provider contract for procurement services for government entities in the State of South Carolina.
The agreement positions BidBridge as the statewide reverse auction platform in procurement of goods and services for state government entities like cities, towns, municipalities, schools and other government-sponsored organizations. An experienced provider of state and local government e-procurement services, the company has worked with more than 400 public agencies nationwide.
BidBridge works by facilitating a secure, real-time electronic sealed bid platform that allows suppliers to place multiple bids, replacing the public sector’s traditional process of a one price per supplier response.
BidBridge CEO Jim Headlee remarked, “The State of South Carolina is positioning itself as a progressive leader in responsible procurement. This partnership stands to encourage state leadership to provide innovative methods like BidBridge to be the best stewards of their state’s tax dollars.”
BidBridge provides adherence to crucial stimulus spending factors like promoting competition and transparency through audit trails. For more information on how BidBridge is helping local governments, please visit: www.bidbridge.com.
Founded in 2005, Louisville-based BidBridge provides e-procurement services to both the public and private sectors, including cities, towns, municipalities and the medical, educational and corporate sectors. Through its competitive sourcing and online procurement system, BidBridge assists its buyers in achieving true-market value for the goods and services needed for ongoing business operations. Significant cost reductions and procurement efficiencies have allowed BidBridge’s buyers to save millions of tax payer, corporate and investor dollars, ultimately producing a positive effect on compressed budgets.
For more information, please visit: www.bidbridge.com.