Does FedBid comply with Federal Acquisition Regulations, Subpart 9.5, relating to Conflicts of Interest?
Yes. FedBid provides procurement services to Buyers and Sellers through a simple and extremely effective online Reverse Auction marketplace. FedBid does not provide any other type of service, nor does FedBid engage in any formal or informal relationship with any Seller outside of the limited contractual relationship required to provide such Seller with access to FedBid’s procurement services. Moreover, any subcontractor from which FedBid procures operational support services is prohibited from bidding in any Buy on FedBid. FedBid warrants to the best of its knowledge and belief, that no person associated with FedBid, including any individual, subcontractor, team member, consultant, corporation, partnership, joint venture, or other business entity, has any conflict of interest that would cause FedBid to be unable or potentially unable to render impartial assistance or advice to the government, impair FedBid’s objectivity in providing services, give FedBid an unfair competitive advantage
