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Mar 27, 2024

The federal government's B2B marketplace takes final shape

The General Services Administration has awarded new contracts to eight commercial online platforms as part of a program to help federal agencies to buy, get benefits from, and analyze spending when purchasing online.

After six years, the federal government is cementing plans for a B2B marketplace.

The U.S. General Services Administration (GSA) began a pilot for its Commercial Platforms Program in 2018. It set out to evaluate the feasibility of developing a federal B2B marketplace for government purchases under $10,000. More than half a decade later, the marketplace is taking final shape.

Now, GSA has awarded new contracts to eight commercial online platforms as part of a program to help federal agencies to buy, get benefits from, and analyze spending more easily when purchasing online.

The additional marketplace providers include some of the most recognizable names in U.S. B2B digital commerce.

Read the full article on Digital Commerce 360

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