GSA’s ReverseAuctions platform celebrates 3rd anniversary by adding new features
GSA was established on July 1, 1949. A lot has changed since then, but we’re still working to deliver the best value in real estate, acquisition, and technology services to government and the American people. A recent success story has been our innovative ReverseAuctions (RA) platform. In the three years since its release, GSA’s customers have saved more than $18.5 million or 17 percent by using reverse auctions. And it’s been a boon for small business, too: they’ve been awarded more than 92 percent of the procurements conducted through GSA’s ReverseAuctions platform to date.