It announces bid offers and other U.S. and foreign business opportunities. Subscribers are notified of international bid requests, subcontracting opportunities, purchasing agent data, etc. Subscribers can track contracts awarded to competitors. WorldBid opens the global marketplace to buy-sell opportunities for registered members. The website provides trade leads, access to B2B auctions, etc.
Various agencies post procurement announcements on the site.
Commercial Sites GovCommerce.net GovCommerce, a U.S.-based contracting information service, operates online procurement sites. Fedmarket , a free portal, provides a library of procurement resources. Bidengine , a subscription service, identifies bids and distributes other procurement information. The UN and its affiliates procure goods and services worth several billions annually. Rules and policies vary among agencies, but common Guidelines govern procurement practices in most situations.