Just How Bad Are State Budgets Nationwide?: Read This Summary of a Report Put Together by the Center on Budget and Policy Priorities

Here at the Reverse Auction Research Center (http://www.reverseauctionresearch.com/), we've been urging government leaders at all levels to adopt the best practice of reverse auctions in their procurement operations in order to save on their acquisition costs. And certainly going forward, the business case will be especially compelling at the state level, given the deluge of red ink state lawmakers are facing in 2011. To see the extent of the problem on a national basis, please see this release from the Center on Budget and Policy Priorities (http://www.cbpp.org/)

States Continue to Feel Recession’s Impact — Center on Budget and Policy Priorities

We will have a much more detailed article coming out in the coming days on how reverse auctions can be an effective tool - even in the current budget years - for many states as governors and legislators across the nation fight to close massive budget gaps.

David Wyld, Professor of Management at Southeastern Louisiana University and Director of the Reverse Auction Research Center (http://www.reverseauctionresearch.com/)

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