Which third-party service provider offers e-procurement software for CPA reverse auctions?
Commodities selected by TPASS for a reverse auction solicitation are forwarded to Orbis Online, a third-party service provider selected through competitive solicitation to provide outsourced reverse auction services for the state of Texas. Orbis Online analyzes the solicitation request, gathers market data and recommends whether the e-RA procedure is appropriate. As part of the state’s strategic sourcing initiative, TPASS evaluates the Orbis Online recommendation in deciding which procurement method provides the best value possible.