Federal Acquisition leadership saw a need for Reverse
Auctions in an 1102's toolkit.
MCLEAN,
Va., Aug. 6, 2024 /PRNewswire/ -- Unison
Marketplace, the federal industry leader in providing reverse
auction solutions for government procurement, is poised to assist
federal agencies in complying with the latest Federal Acquisition
Regulation (FAR) Final Rule. Announced on July 30th, 2024, the FAR now
encourages reverse auctions to enhance competition and achieve cost
savings in government acquisitions.
This final rule was issued in response to the recommendations of
the Government Accountability Office (GAO) and the Office of
Federal Procurement Policy (OFPP). This update provides clear
guidance for agencies on using reverse auctions and will boost
future federal awards to small businesses, as federal agencies
utilizing the Unison Marketplace in FY23 awarded 94% of actions to
small businesses.
"Unison Marketplace has been at the forefront of providing
robust, user-friendly reverse auction solutions specifically
designed for government procurement," said Reid Jackson, CEO of Unison. "With this new FAR
requirement, our platform is uniquely equipped to help federal
agencies quickly adapt and remain compliant while achieving
significant cost savings."
Unison Marketplace offers a comprehensive, secure platform that
aligns with the FAR and is working on developing AI functionality
that will further enhance its capabilities.
Key features include:
- Ease of Use: Agencies can immediately add Marketplace's
reverse auction services into their procurement processes,
supported by its dedicated team of experts working days, nights,
and weekends in August and September to support Fiscal Year
end.
- Sourcing help: The full-service Sourcing team will
research and reach out to vendors who fit the contracting
requirements, quickly documenting industry feedback and
offers.
- Security and Compliance: Marketplace adheres to
stringent data protection protocols, ensuring that all government
and related data are securely managed and used in compliance with
FAR/DFARS requirements.
With the FAR now addressing reverse auctions and with
Marketplace's streamlined interface, 1102s can receive rapid
onboarding in 20 minutes, saving 4-8 hours per action and achieving
results fast in Q4.
For more information about how Unison Marketplace can help your
agency comply with the new FAR reverse auction requirements or to
request rapid onboarding, visit
www.unisonglobal.com/product/marketplace.
About Unison
Unison is committed to transforming the way government works. As
the leading provider of AI-infused software and insights to
government agencies, program offices, and contractors worldwide,
Unison provides government professionals with the tools they need
to make informed decisions, generating greater efficiency,
transparency, and accountability. To learn more about Unison,
please visit www.unisonglobal.com.
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SOURCE Unison