The Department of State awarded a definitive contract valued at $1 to Unison Marketplace, Inc. doing business as Fedbid for reverse auction services. Under the terms of the contract, Fedbid will provide auction services to assist Department of State acquisition personnel in obtaining competitive pricing for required goods and services. The single award, firm-fixed price contract was awarded against the General Services Administration's (GSA) eBuy vehicle and has a period of performance from January 2022 through December 2026. No subcontractors or set aside designations were identified. The contract will support the Department of State's ongoing procurement initiatives to leverage market forces and obtain best value.
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