The system also helps buyers show they have solicited bids from three or more vendors, which is a common small purchasing requirement at all government levels. GovCommerce.net helps buyers find relevant vendors quickly, relying on the querying power of Oracle 8i software. Results are sorted with in-state vendors listed first. According to White, the vendor side of GovCommerce.net is equally useful. We help them sell online, which is almost a government requirement these days, and we give them a direct channel to over 160,000 government buyers.
Vendors pay nothing to register and post their products and company profile information online.
They pay a two percent transaction fee on any sale. GovCommerce.net currently features RFQ purchasing. Catalog item purchasing will become available in the near future.