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All Press Releases for January 23, 2003 Subscribe to this News Feed      
 

Subcontract.com and Onvia Team Up On Government And Commercial Subcontracting

The leading B2G and B2B portals form alliance to provide complete government contracting and subcontracting solution.

Subcontract.com, Inc., the leading business to business staffing exchange, has signed an agreement with Onvia.com, Inc. (Nasdaq: ONVI), which helps businesses secure government contracts and government agencies find suppliers online, to share government and commercial contracts. The agreement brings together the leaders in B2B staffing and B2G lead notification to facilitate both government and private subcontracting.

The companies are taking a leadership role in leveraging the relationship between government and commercial subcontracting and in addressing the enormous shift towards outsourcing by the United States Government. Over one million United States Federal and Armed Forces jobs have been newly slated for outsourcing this year," says Michael Sparks, President of Subcontract.com, Inc., Those jobs are being replaced by competitive contractors who subcontract in turn to other commercial vendors. Together with Onvia, we will make both types of opportunities available to thousands of qualified vendors."

Onvias vendors stand to gain tremendously. Enabling them to receive commercial contract opportunities adds significant value to our offering," states Irv Alpert, Executive Vice President of Onvia, We are excited about this new alliance and we look forward introducing this service in the coming months".


About Subcontract.com

Subcontract.com, Inc. is the leading business to business staffing exchange, which provides a B2B counterpart to popular jobsites and resume banks such as Monster.com® and Hotjobs.com®. Registered and screened companies receive real-time notifications of hourly, permanent, project and offshore opportunities from other registered vendors, employers and government agencies. Member firms list their benched candidates in the search engine and receive warm leads from interested parties. This service includes Resume Pooling® for enterprise-wide internal candidate searching and easy VMS® for simple staffing vendor management and vendor on premise functionality. All three services are offered for one low subscription and there are no per transaction fees. The company recently reported that in excess of 24,000 candidates had been contracted through its services since 2001 representing over $600 million in transactions. For more information, contact Subcontract.com Inc.: 545 E. Algonquin Rd., Arlington Heights, IL 60005 Tel: 888-754-1874, fax: 847-427-9332, or visit www.subcontract.com, or email mary.p@subcontract.com

About Onvia

Onvia.com, Inc. helps businesses secure government contracts and government agencies find suppliers online. Onvia assists businesses in identifying and responding to bid opportunities from more than 50,000 government purchasing offices in the $600 billion federal, state, and local government marketplace. Onvia also manages the distribution and reporting of requests for proposals and quotes from more than 400 government agencies nationwide. The size and strength of Onvia's network allows suppliers and agencies to find better matches quickly, saving time and money. For more information, contact Onvia.com, Inc.: 1260 Mercer St, Seattle, WA 98109. Tel: 206-282-5170, fax: 206-373-8961, or visit www.onvia.com, or email InvestorRelations@onvia.com.

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Mary Poradyla
Subcontract.com
888-754-1874
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