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You are here: Home / Government Contracting News / Long-time in coming, OFPP reverse auction memo rings hollow

June 30, 2015 By AMK

Long-time in coming, OFPP reverse auction memo rings hollow

Anne Rung, OFPP administrator, has released a six-page policy memo basically reminding agencies of best practices to keep in mind when using this tool.

But the only real instruction to agencies is for them to send her office a point of contact by July 10.

“OFPP seeks to work with agencies to identify the essential management data points (e.g., price paid for item, fees paid (if any), number of bidders and level of interactive bidding) and mechanisms for collecting and aggregating information in a manner that leverages technology and avoids the need for manual collection,” Rung wrote in the memo. “For your awareness, as a further step, the Federal Acquisition Regulatory Council will open a case to develop coverage on the use of reverse auctions in the Federal Acquisition Regulation and will address the guidance in this memorandum, as appropriate.”

How A Reverse Auction Works

The rest of the memo doesn’t necessarily address any of the long-held concerns by the Government Accountability Office, lawmakers and vendors.

Keep reading this article at: http://www.federalnewsradio.com/517/3875528/Long-time-incoming-OFPP-reverse-auction-memo-rings-hollow

Filed Under: Government Contracting News Tagged With: competitive bid, FAR Council, FedBid, GSA, lowest price, OFPP, reverse auctions

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