August 27, 2016 2:19 PM ET

Internet Software and Services

Company Overview of FedBid, Inc.

Company Overview

FedBid, Inc. operates a managed online marketplace optimizing the way governments, businesses, and educational institutions buy the goods and services for everyday operations in the United States. It offers The Buyer-Driven Online Marketplace, a platform that transforms B2G and B2B commerce by introducing e-commerce spend management solution, as well as allows federal agencies conduct reverse auctions. The company’s platform is the marketplace for various products and services in the categories, such as facilities and operations, heavy equipment, industrial, information technology, medical and laboratory, professional services, safety and tactical, and support services. It serves the Departm...

8500 Leesburg Pike

6th Floor

Vienna, VA 22182

United States

Founded in 1999





Key Executives for FedBid, Inc.

Chief Executive Officer
Chief Financial Officer and Executive Vice President
Age: 48
Senior Vice President of Strategy and Operations
Chief Administrative Officer, Senior Vice President of Communications & Government Relations and Senior Vice President of External Relations
Compensation as of Fiscal Year 2016.

FedBid, Inc. Key Developments

FedBid, Inc. Announces Management Appointments

FedBid, Inc. announced two additions to its leadership team. Jim Spencer has joined the company as Chief Financial Officer and Executive Vice President and Basil Gray is the company's new Vice President for Sales, Defense. In his role, Spencer is responsible for leading the company's financial and accounting operations. From 2007 to 2016, he served as the Chief Financial Officer of iBiquity Digital Corporation where he successfully managed the company's finance, accounting and information technology functions. Gray will lead the company's defense sector sales team, focusing on the company's long-standing and growing work with buyers across the Army, Navy, Air Force and National Guard. Prior to joining he was President and CEO of Gray Areas, LLC.

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