Marci Love Thomas: Late is late when it comes to reverse auctions.

The end of the fiscal year means companies will try some things they don't normally try to book some business before Sept. 30. Bidding in a reverse auction is o...

Marci Love Thomas, General Counsel

The end of the fiscal year means companies will try some things they don't normally try to book some business before Sept. 30. Bidding in a reverse auction is one possibility to do that.  Marci Love Thomas, senior counsel for the Government Contracts Practice at the General Counsel law firm joined In Depth with Francis Rose for Industry Chatter. She said some companies learned the hard way the rules are the rules and late is late when it comes to reverse auctions.

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