# Presentation: 748259

## IT Industry Government Council (ITIGC)

**Presented to:**
**IT Industry Government Council (ITIGC)**
**November 2006**** **

***The Online Marketplace For Government***

## FedBid is ...

**FedBid is ...**

**... ****a leading online marketplace for public sector acquisition of commercial items, providing a variety of online procurement services, including, for sellers, opportunity access as well as training and support services**
**... ****used to compete purchases of commodities, including computer products, security gear, office supplies, tools, and laboratory supplies and equipment **
**... ****the procurement tool of choice for dozens of federal contracting offices worldwide that have posted over $500 million dollars of requirements**

***Federal contracting offices are forecasted to post over one billion dollars of requirements in FY07 on the FedBid online marketplace***

## ... dozens of federal organizations, including:

**FedBid is used by ...**

**Department of Transportation**
**Department of Treasury**
**Department of Veterans Affairs**
**Environmental Protection Agency**
**Federal Deposit Insurance Corporation**
**General Services Administration**
**National Aeronautics & Space Administration**
**National Gallery of Arts**
**National Transportation Safety Board**
**Securities and Exchange Commission**
**Social Security Administration**
**U.S. Agency for International Development**

**Congressional Budget Office**
**Department of the Air Force**
**Department of the Army **
**Department of Commerce**
**Department of Defense**
**Department of Energy**
**Department of Health & Human Services**
**Department of Homeland Security**
**Department of Justice**
**Department of Labor**
**Department of the Navy**
**Department of State**

## How does FedBid work ...

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**Buyer / Sellers**
**Register**

**Req’t**
**Posted**

**Sellers Receives eMail**

**Seller**
**Submits**
**Bids**

**Buyer Evaluates Bids**

**Buyer Makes Selection**

**Seller Notified**

**Submitting a Bid:**
**After reviewing Buy specifications, click ‘Place Bid’. **
**Enter general bid information, including bid description, seller internal reference number information, acknowledgement of compliance with buyer’s contract request and Buy terms, and click ‘Continue’. **
**Enter pricing data, including all pricing and line item description responses, and click ‘Continue’. **
**Review the Bid Confirmation Page then click ‘Submit Bid’. **
**View immediate Bid Status of ‘LEAD’ or ‘LAG’.**

## Sellers use FedBid because it ...

**Ensures “*****the consistent use of fair and open competition*****”**
**Requires NO upfront investment, subscription fees or maintenance costs**
**Provides electronic notification of bid status**
**Enables efficient electronic responses to bid requests**
**Automates re-bids ****and provides real-time competitive ranking **
**Provides published award information**
**Provides seller training and support services**

**Sellers use FedBid because it ...**

## Buyers use FedBid because it...

**Eases Budgetary Pressures**** – *****Public sector Buyers must do more with less money **** *
**Reduces Time Pressures**** – *****Buyers must satisfy increasing government purchase needs with fewer procurement personnel***** **
**Increases Small Business Utilization**** – *****Buyers must meet or exceed government small business utilization thresholds **** *
**Provides Accessibility and Ease of Use**** – *****Buyers need a procurement tool that is effective and extremely easy to use***

**Buyers use FedBid because it...**

## How Buyers are using FedBid ...

**Buyers compete orders among multiple-award schedule contract holders**
**Buyers compete orders among "agency specific" multiple-award contract holders**
**Buyers compete orders among specific set-aside seller communities**
**Buyers compete "open market"/commercial purchases among interested commercial sellers who are registered in the CCR**

**How Buyers are using FedBid ...**

## No Risk ... Increased Access

**Endorsed by OFPP and the Congressional HGRC, available on GSA Schedule, and adopted by dozens of federal organizations**
**FedBid users incur NO upfront investment, license fees or maintenance costs**
**Buyer sets the terms for success**
**Buyer selects a seller’s bid ONLY if the buyer finds it to be advantageous**
**FedBid receives a transaction fee, which is included in the bid price of the seller**
**Seller receives payment from the Buyer, including the FedBid Fee, and FedBid invoices Seller for the FedBid Fee portion of the award**

**No Risk ... Increased Access**

## Contact Information

**Senior Vice President****	****Director, Market Operations****	****Vice President**
**Phone: 703.738.6858****	****Phone: 703.738.6866****	****Phone: ****703.738.6886**
**Cell: 703.244.9725****	****Cell: 301.606.3392 ****	****Cell: ****703.629.6599**
**john.lee@fedbid.com****	****geoff.edwards@fedbid.com****	****lu.tupponce@fedbid.com**

**Contact Information**