managed reverse auction
Drive cost savings and deliver true market value on SLED contracts
A proven, no-cost solution: Over $4B+ in managed auctions for SLED agencies, driving efficiency and transparency.
CoreTrust’s Public Sector managed reverse auction service delivers measurable cost savings for state, local, and education (SLED) agencies, driving competition while ensuring full compliance and transparency.
Unlike traditional bidding, our multi-phase dynamic pricing process maximizes competition.
Strategic Sourcing Without the Hassle
Qualified suppliers compete in real time driving prices down.
No software to install—we integrate with your existing procurement system.
No cost to your agency—fees are vendor-paid and fully disclosed.
How It Works
The Managed Reverse Auction Difference
With over $4B+ in managed auctions across SLED contracts, we’ve refined a process that works:
Identifies high-opportunity contracts for managed reverse auctions.
Conducts market research and feasibility studies to ensure competitive supplier interest.
Manages supplier outreach & training to maximize engagement.
Run the dynamic pricing event with full transparency.
Delivers bid tabulations & reporting for easy award decisions.
Key Benefits
Real-time competition drives better pricing.
No Cost to Your Agency
Vendor-paid fees, fully disclosed upfront.
Faster Time-to-Award
Dynamic auctions cut months off traditional RFPs.
Supplier Engagement Managed for You
We recruit, train, and guide vendors.
Excel across key categories likefacility & custodial services.
Ready for a Fresh Take on Procurement?
Free Feasibility Review: Let us assess your next contract—no obligation.
See How Reverse Auctions Work: Schedule a 15-minute demo.