Joe Jordan: Agencies turn to end-of-year reverse auctions

Budget uncertainty is running higher than ever. One technique lots of agencies use near the end of a fiscal year is reverse auctions.

The annual end-of-year buying rush might be a bit more pronounced than usual this year. Budget uncertainty is running higher than ever. One technique lots of agencies use near the end of a fiscal year is reverse auctions. Joe Jordan, former federal procurement policy executive and now CEO of FedBid, gives Federal Drive with Tom Temin a status update.

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