Bid Express Marks 10th Anniversary and 50% Market Share.GAINESVILLE, Fla. -- Bid Express, the online bidding service for state transportation agencies and their contractors, has reached two milestones: the service is celebrating its 10th anniversary and recently achieved 50% market share among US state transportation agencies. Bid Express was launched in 1997 when the idea of using the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the for bidding activities was in its infancy infancy, stage of human development lasting from birth to approximately two years of age. The hallmarks of infancy are physical growth, motor development, vocal development, and cognitive and social development. . The service grew slowly at first, adding states at a rate of 1-2 per year. In recent years, as many as five states have implemented in one year, showing the rapid growth and acceptance of the technology. "Our company leadership always believed that Bid Express was going to be successful," said Joe Phelan, director of sales and marketing for BidX.com. "Many 'dot-coms' came and went, but we were offering a quality service with excellent benefits for both agencies and contractors, so with a little patience, we felt that states would eventually implement it." As the use of Bid Express grew, add-on A purchase of additional goods before payment is made for goods already purchased. An add-on may be covered by a clause in an installment payment contract that allows the seller to hold a security interest in the earlier goods until full payment is made on the later goods. services were introduced to offer contractors the convenience of one-stop shopping for their bidding needs. Bid Express now offers a bid tab analysis service, on-line plan sheets, and the Small Business Network - a virtual community for facilitating the communication between prime contractors and subcontractors/suppliers. The state transportation agencies in Alabama Alabama, indigenous people of North America Alabama (ăləbăm`ə), indigenous people of North America whose language belongs to the Muskogean branch of the Hokan-Siouan linguistic stock (see Native American languages). , Arizona, Colorado, Florida, Georgia, Idaho, Iowa, Kansas, Louisiana, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). , Ohio, Oklahoma, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , Tennessee, Vermont, Virginia and Wisconsin have all implemented Bid Express. These states are all experiencing the increase in accuracy and efficiency that comes from Internet bidding. "The growth and longevity longevity (lŏnjĕv`ĭtē), term denoting the length or duration of the life of an animal or plant, often used to indicate an unusually long life. is also a testament to our excellent customer service," said Joe Phelan, director of sales and marketing for BidX.com. "The team behind Bid Express is the best in the industry." Bid Express is a web bidding information service developed exclusively for the road construction industry. By using Bid Express, contractors can save time needed for preparing and submitting bids and bid bonds on paper, and travel time and expense in attending lettings. Simple screens allow contractors to quickly scan all current lettings, and a search function is available for keyword information on current lettings and bid tab data from previous lettings. Users have access to lettings from all state transportation agencies using Bid Express -- not just those of their home state. Agencies benefit by not needing additional staff at lettings and by generating and tracking less paper. They also get electronic bids that are more accurate and ready to load. Contractors pay a minimal monthly subscription fee for the basic service, and can elect additional add-on, bidding-related services, including access to electronic plan sheets, the small business network for reaching subcontractors, and a bid tabs analysis service. Bid Express is offered by BidX.com, an Info Tech company. Info Tech software is installed in 40 state departments of transportation, several hundred US cities and counties and two foreign countries, performing a wide range of functions from project estimation estimation In mathematics, use of a function or formula to derive a solution or make a prediction. Unlike approximation, it has precise connotations. In statistics, for example, it connotes the careful selection and testing of a function called an estimator. to contract administration to electronic bidding. Info Tech, based in Gainesville, Fla., provides customer-oriented, highly technical consulting, software development, systems integration and network communications services for transportation agencies, consulting engineers and contractors. For more information, contact Info Tech at (352) 381-4400 or visit www.bidx.com. |
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