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ACS POWERS FEDERAL GOVERNMENT'S LARGEST-EVER ONLINE REVERSE AUCTION.


ACS (Asynchronous Communications Server) See network access server.  (NYSE NYSE

See: New York Stock Exchange
: ACS), a leading provider of commercial and government IT solutions, completed the largest online reverse auction in the history of federal government e-business -- and the first under GSA's Buyers.gov portal. The Defense Finance and Accounting Service The Defense Finance and Accounting Service (DFAS), an agency of the United States Department of Defense, provides finance and accounting services for the military and other members of defense.

In FY 2004, DFAS:
  • Processed 104M pay transactions to 5.
 (DFAS) harnessed the power of ACS' B2GExpress(SM) to purchase over $7.6 million of IT commodities at a savings of more than $2 million over estimated cost.

A group of 12 pre-qualified IT commodity suppliers, including some of the most notable companies in the federal IT market, competed in a dynamic, real- time reverse auctioning event. The live bidding, scheduled to last only one hour, continued for over four hours, spurred on by descending prices. The auction is expected to result in awards to three vendors who will supply DFAS with over 6,000 desktop computers, nearly 1,500 printers and approximately 200 laptop computers. When tallied, the combined savings to DFAS are estimated to be 21.5% over best costs from an existing Blanket Purchasing Agreement.

The Federal Technology Service of the U.S. General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records.  (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) coordinated the historic auction through its web-based portal, Buyers.gov. This online procurement tool allows federal clients and GSA buyers to post requirements for information technology commodities directly on the Internet, thereby significantly increasing the speed and efficiency with which commodities can be purchased.
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Title Annotation:Government Activity
Comment:ACS POWERS FEDERAL GOVERNMENT'S LARGEST-EVER ONLINE REVERSE AUCTION.(Government Activity)
Publication:EDP Weekly's IT Monitor
Geographic Code:1USA
Date:Oct 9, 2000
Words:223
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