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2013 Innovation Award Winner Maricopa County Reverse Auctions.pdf

  • Library: Purchissues
  • Year Created: 2016
  • File Type: PDF
The document discusses Maricopa County's success with reverse auctions, particularly in the areas of employee life insurance and pre-paid dental services. It outlines the benefits of reverse auctions, common misconceptions, where the county started with reverse auctions, the path to success, best practices, risks versus rewards, and other innovative opportunities for utilizing reverse auctions. The document emphasizes the importance of clear specifications, supplier qualifications, and competition. It also highlights the significant cost savings projected through the reverse auctions conducted by Maricopa County.
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