Why Does Time to Respond to Bid Requests Continue to Decrease?
The number of bids is increasing, meanwhile, the time to respond is decreasing. Stephen Hetzel sits down with Bill Culhane to explain why this is happening and the impact eprocurement, quick quotes, and other automation vehicles are having on government procurement.
As we reported recently in our blog, over the last 5 years, there has been a 36% drop in the average amount of time to bid. Specifically, the window from release to due date for Federal, State and Local bids in the USA dropped to 11.7 days in 2015. Find out why…
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