A neighbouring authority has saved money with e-auctions – what are they and why should I use them?
A5. Reverse electronic auctions are a way of doing business with suppliers. They need all of the specification work and tendering carrying out. Typically they work really well when authorities work together. In an e-auction for wheeled bins savings of over £1 million were made on an £8 million contract – and best of all other authorities have access to these contracts after the auction.
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