DANVILLE, Ky. (AP) - A central Kentucky city has turned to
online auctions to buy supplies such as road salt, water treatment
chemicals and a new city fire truck.
Danville city commissioners and an official with the company
running the sales says the method appears to be saving the city
Jock Kinnett, a representative of Louisville-based eBridge, told
the Danville Advocate-Messenger that the city saved 16 percent on
chemical purchases over the previous year.
The company organizes auctions for public procurement in a timed
setting, much the same way an eBay auction is operated.
Kinnett said the company collects a percentage of the sale from
the seller after the city has paid the vendor.
Information from: The Advocate-Messenger, http://www.amnews.com
(Copyright 2010 by The Associated Press. All Rights Reserved.)