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 Reverse Auctioning System for the U.S. Army, Ft. Monmoth
 
Nov-17-2001
SEC, MOAI, and Symbolic Systems were contracted to provide the U.S. Army, Ft. Monmoth, Materiel Acquisitions Center with a Reverse Auctioning capability which would meet the requirements of complex contracting environment. The MOAI Reverse Auction system was configured for the client, Army contracting personnel were trained, and acquisitions were being made through the system within 3 weeks of contract. The Center purchases goods and services at a level of 5.2 billion per year. Based on the dollar outlay in the first 4 months of acquisitions, the client expects to save over 200 million per year.
 

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