Description: Testimony issued by the Government Accountability Office with an abstract that begins "GAO found that government agencies were increasingly using reverse auctions as a means to drive down prices but without adequate guidance to ensure that the potential benefits were maximized. GAO's analysis of the data also identified some common characteristics among contract awards resulting from reverse auctions."
Date: December 11, 2013
Creator: United States. Government Accountability Office.
Partner: UNT Libraries Government Documents Department