BIDCUREMENT

Our rapidly growing Bidcurement platform has already replaced a number of existing legacy, paper-based proposal processes and e-procurement systems for bidding on federal, state, and local government entities, and currently encompasses two products: Bidcurement Growth provides CRM and advertising automation to market infrastructure provider services to local governments, and is currently generating ~$100K/year in revenue from a closed beta in the state of Oklahoma. Bidcurement Marketplace strea... mlines government procurement by advancing the required competitive bidding process from months to days. The company provides an open marketplace where government buyers and vendors can exchange requests for goods and services, manage projects, and communicate. Marketplace has already matched $125K in solicitations from a closed beta in the state of Illinois. Bidcurement’s unique marketplace allows smaller government entities, such as municipalities, to achieve economies of scale through collective bargaining with contractors. This approach also helps infrastructure vendors keep their crews in one place saving government entities both time and money. Bidcurement’s centralized procurement system benefits both the government and vendors in order to meet compliance requirements, publish advertisements in one place, and promote procurement opportunities to more than one contractor.More