Ky. city turns to online auctions for supplies - WDRB 41 Louisville News

Ky. city turns to online auctions for supplies

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DANVILLE, Ky. (AP) — A central Kentucky city has turned to online auctions to buy supplies such as road salt, water treatment chemicals and a new city fire truck.

Danville city commissioners and an official with the company running the sales says the method appears to be saving the city money.

Jock Kinnett, a representative of Louisville-based eBridge, told the Danville Advocate-Messenger that the city saved 16 percent on chemical purchases over the previous year.

The company organizes auctions for public procurement in a timed setting, much the same way an eBay auction is operated.

Kinnett said the company collects a percentage of the sale from the seller after the city has paid the vendor.

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