At AcuBids we have assembled a quality team of government Bond, Lease and Guaranteed Loan Professionals with many years of experience in finance and software development. AcuBid has developed and has a patent pending on the only buy-sell Internet portal designed exclusively for the public sealed bidding of government debt, government guaranteed debt and financial services.
The concept behind our Internet site is that everyone should have access to the same information. We hope to democratized the flow of information leveling the playing field for all bidders and sellers alike. By bringing transparency to the secondary market we are sharpening the knowledge of fair market values which will bring new efficiencies to the government guaranteed loan market.
AcuBids.Com provides the government entities and sellers of Government Debt with a list of bidders after the bidding has ended, along with electronic time stamps, bid reports and other pertinent information. AcuBids.Com used a software design platform to assist clients with meeting the disclosure requirements necessary to financial institutions who are seeking compliance with the Sarbanes-Oxley Act and other disclosure rules mandated by law.
AcuBids.Com is somewhat unique as it is a cost-free service to government entities and designed to provide the federal, state and local governments and originators of government guaranteed debt with interactive access to capital markets. AcuBids.Com provides comprehensive online services that significantly reduce the time, effort and cost associated with the sealed bid while providing a documented audit trail to comply with Sarbanes-Oxley.
AcuBids.Com's registered bidders are pre-qualified and are accredited investors as defined in 17 CFR 230.501 (a), as amended, in order to provide assurance to the seller that the best bidder will meet its commitment. Bidders are categorized as Banks, Poolers, Broker Dealers, Insurance Companies, Institutions or Individuals and all must meet the minimum requirements of law.
AcuBids.Com greatly simplifies the competitive bid process that is now being used by government entities and originators of government guaranteed debt and creates a seamless method of transfering bid information to bidders and bid results to buyers. The burden of compiling bond, lease or loan information for paper RFP bid solicitations, qualifying bidders, putting together and mailing of bid packets of financial documents, which are often lacking credit and other information will be eliminated.
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Thank you for your interest in AcuBids.Com. We look forward to working for you.