H2bid the international portal for the water industry has introduced a whole new way of public bidding with their cloud-based e-bidding service. This service features the latest e-sourcing techniques – the special software will handle the bidding process for procurement of goods and services in the water industry.
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H2bid’s e bidding service for water utilities
1. H2bid the international portal for the water industry
has introduced a whole new way of public bidding with
their cloud-based e-bidding service. This service
features the latest e-sourcing techniques – the special
software will handle the bidding process for
procurement of goods and services in the water
industry.
H2bid’s user friendly e-bidding service will allow water
utilities to post bids and receive responses for these bids
securely online. Online public bidding will create
notable savings for the water utilities by streamlining
the procurement process while also improving
transparency in the bidding process.
H2bid was founded in 2006 by Glenn Oliver, a former
member of the Detroit Board of Water Commissioners
who believed that things could be done differently with the help of the internet. Not
surprisingly, H2bid is the only
business of its kind that connects
vendors and water utility companies
through its cloud-based e-bidding
services.
H2bid was the first website built
exclusively to cater to the water
sector. It was also the first to
introduce a centralized method for
the global bidding process in the
water industry. Today, it has grown
2. globally and has crossed the 200,000
mark and still counting for
contracting opportunities in the
water utility industry.
At H2bid, all water related projects
from all over United States and
Canada are posted regularly. The
vendors bid for projects ranging from
construction of water treatment
plants to the supply of materials like
water pipes or meters or even
consultancy projects related to the water industry.
Glenn Oliver says that H2bid’s e-bidding service brings efficiency to the contracting
process as it is specifically designed to cater to the stringent requirements of the water
utility industry. H2bid’s e-bidding service will enable utilities to call for Sealed Bids,
Request for Information, RFQs, RFPs and conduct Reverse Auctions. All this can be
easily done online using H2bid’s e-bidding service, making it not only user friendly but
also an environmentally clean process.
Perhaps the biggest advantage for water utilities is the fact that this service is free of
cost. Healthy competition in the e-bidding service keeps the costs in check. Vendors
and service providers to the water industry have access to the world’s largest listing
of Scada contracts. In addition, they can keep track of all the current bids and get daily
email alerts when new projects are posted.
According to Glen Oliver, CEO of H2bid, they strive to give the best service to the
customer by having an updated version of current open bids. The startup is constantly
growing in terms of membership as well as number of projects posted.
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