CONFIDENTIAL, February, 1997
•The largest consumer market in the world
•$800 billion per year
•100,000 government agencies (issuers)
•100,000 non-profit agencies
•Countless vendors
•Generate 7,000 requests for bids daily
•Scope
•How It Works
•Problems for Issuers
•Problems for Vendors
•Trends
The Public Procurement Market