To: Jenna who wrote (94452 ) 4/24/2000 10:21:00 AM From: lizard lick Read Replies (1) | Respond to of 120523
Buying EGOV on todays dip Egov got big news from the government today GSA Adopts NIC Commerce's Quote Module as Core Component of GSAAdvantage.GOV (Business Wire 04/24 09:57:52) Business Editors/Hi-Tech & Government Writers RESTON, Va.--(BUSINESS WIRE)--April 24, 2000-- NIC Commerce to Develop Custom Interface - Encourage Vendor Participation, Expands Agency Buyer Choices NIC Commerce, a division of NIC (Nasdaq: EGOV), the world's largest eGovernment solutions provider, today announced that it has been awarded a task to support the Federal Supply Service (FSS) of the General Services Administration (GSA). Under this task, NIC Commerce will integrate its Commercial-Off-The-Shelf (COTS) e-Commerce Request for Quote Module into GSAAdvantage.GOV, the premier federal online procurement system. The quote module, to be called E-Buy, will serve to streamline the FSS' request for quote, evaluation, and award process, reducing administrative overhead for government and industry, enhancing compliance with Federal procurement regulations, and simultaneously increasing agency buyers' options. "The GSA is committed to implementing commercial best practices to support its eBusiness initiatives," said Ed O'Hare, CIO, of GSA FSS. "The NIC Commerce system contains a complete Web-based quote module designed to streamline the request for quote process. Importantly, E-Buy will encourage participation in GSAAdvantage.GOV by FSS Schedule vendors, thus increasing the range of product offerings available online to Government buyers. E-Buy will also facilitate the obtaining of quotes by buyers necessary to satisfy procurement regulations. " NIC Commerce built its COTS request for quote module based upon input from government procurement officers and its experience in Federal procurement installations. The following components are included in the core NIC Commerce module: -- Vendor Registration - Vendors, using a Web browser, can access the quote solicitation Web site to register to receive quotes for one or more commodities -- Vendor Management - Buyers can send a request for quotes to all vendors who have registered for a commodity -- Quote Request Preparation and Publication - Agency contracting staff using a Web browser can create the quote request. Using the vendor management functionality of the subsystem, authorized agency staff can publish the solicitation to all vendors who have registered to receive bids for that commodity -- Vendor Quote Response Submission - Vendors can use their Web browser to review the quotes and to submit their responses back to the agency quote Web site -- Ranking of Bid Responses - Once quotes are received they can be reviewed and ranked for technical and cost compliance by one or more approved agency reviewers -- Award Notification - If an award is made, the system automatically notifies all quote respondents via email of the award, including a hypertext link to the agency Web site containing all publicly available information about the solicitation -- Solicitation/Quote Archive - A historical archive of all quotes and awards is maintained for review and audit controls FSS is working with NIC Commerce to customize the core module. Customer agency buyers and vendors who wish to use E-Buy will sign on through GSAAdvantage.GOV. Buyers may also access E-Buy by designating that items in their GSAAdvantage.GOV shopping cart are to be obtained by the request for quote process. Once a buyer reviews the quotes and accepts a vendor's quote, the NIC Commerce software exports the data necessary to create an order on GSAAdvantage.GOV. FSS determines the method and placement of this transition from the NIC Commerce software to GSAAdvantage.GOV. Presenting a familiar interface to Advantage users, NIC Commerce's customized solution will have a similar look and feel to the current GSAAdvantage.GOV website. This includes the banner/ header, footer, buttons, links, etc. The navigation schema is consistent with the existing software. "We are delighted to support FSS's evolving eBusiness initiatives," said David Fishman, Vice President of Marketing, NIC Commerce. "We are proud of the fact that we have the most proven installations within the public sector and can easily and rapidly customize our solutions explicitly for streamlining the Federal procurement process." About NIC Commerce NIC Commerce is the worldwide market leader in Web-based solutions for streamlining public sector procurement. The company's Commercial-Off-The-Shelf (COTS) Web-based procurement information system is the only complete, pre-integrated and mature system on the market today. Since 1993, NIC Commerce has pioneered software and an integrated supplier network that deliver both significant cost reduction and rapid return-on-investment by streamlining back-office purchasing and reconciliation processes and by enabling public sector buyers to order products and services from multiple contracts and commercial sources. In addition, NIC Commerce maintains strategic partnerships with leading financial institutions to provide seamless e-purchasing integration. Headquartered in Reston, Virginia, NIC Commerce is a wholly-owned subsidiary of NIC (Nasdaq:EGOV), the U.S.' leading provider of e-commerce solutions to the public sector. NIC Commerce can be reached at: www.niccommerce.com Special Note: The statements in this release regarding continued implementation of NIC's business model and its development of new products and services are forward-looking statements. There are a number of important factors that could cause actual results to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, the success of the Company in signing contracts with new states and government agencies, including continued favorable government legislation; NIC's ability to develop new services; existing states and agencies adopting those new services; acceptance of e-government solutions by businesses and citizens; competition; and general economic conditions and the other important cautionary statements and risk factors described in NIC's Annual Report on Form 10-K filed on March 10, 2000 with the Securities and Exchange Commission and in the Company's most recent quarterly report filed with the SEC. --30--SF/ph* CONTACT: NIC Commerce David Fishman, 703/742-7827 ext. 3352 dfishman@niccommerce.com or O'Keeffe & Company Evan Weisel, 703/883-9000 ext. 106 eweisel@okeefeco.com KEYWORD: VIRGINIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE INTERNET SOFTWARE TELECOMMUNICATIONS GOVERNMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. 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