Is the practice of reverse auctions taking hold?
Ike Casey, PHCC A. This seems to be losing steam as owners see that it really does no good for them or for anyone else. It’s just taking price peddling by a GC to another level. One of our members recommends that all owners throw out the low bid. If owners were forced to take the next lowest bid or not take any bid that was more than 5% lower, everyone in the industry-including the owners-would benefit. Mat Glover, ASA A. Industry groups commissioned a study conducted by researchers at Louisiana State University. So far it has discovered that there is no publicly available data supporting the view that online reverse auctions of construction services save money over traditional procurement methods. This is the conclusion that the Army Corps of Engineers arrived at last year. ASA is working on Capitol Hill to pass legislation that would prohibit bid shopping, including online reverse auctions. More legislation relating to this issue is also emerging in the states-a trend that ASA is mon
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