| THE COMPANY: |
GOODS TO BE SOURCED:
|
| Large Utility Company |
Water District Metering Performance
Contract |
|
|
| THE REQUIREMENT: |
| A large metropolitan utility
company needed a new subcontractor to read
water meters throughout the district. In addition
to price, terms were structured to secure
quality of service as well. |
|
|
| 51%
savings over historical price
Savings
of over $350,000 from a single e-Sourcing
event |
|
|
|
| OVERVIEW: |
| Materials
Sourced: |
Performance
Contract |
| Number of bidders: |
6 |
| Number
of bids: |
40 |
| Negotiation format: |
Reverse Auction |
| Duration: |
One
hour with open extensions for 1 hour,
40 minutes |
|
|
| Services provided by Accenture
|
|