Fedbid

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Learn more about Pete Peterson-funded astroturf projects at the Fix the Debt Portal.

FedBid, Inc. is a privately held company based in Vienna, Virginia that helps government agencies purchase commodities such as "computer products, security gear and office supplies through a dynamic reverse-auction marketplace." The company was founded in 1999 and was originally a division of privately owned Procurement Technologies [1].

Ties to Pete Peterson's "Fix the Debt"

The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Fedbid is part of the Campaign to Fix the Debt as of February 2013.

This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." Please visit our main SourceWatch page on Fix the Debt.

About Fix the Debt
The Campaign to Fix the Debt is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire Pete Peterson to slash earned benefit programs such as Social Security and Medicare under the guise of fixing the nation's "debt problem." Through a special report and new interactive wiki resource, the Center for Media and Democracy -- in partnership with the Nation magazine -- exposes the funding, the leaders, the partner groups, and the phony state "chapters" of this astroturf supergroup. Learn more at PetersonPyramid.org and in the Nation magazine.


Personnel

Board of Directors

As of February 2013[2]

  • Ali Saadat - Board Chair, Founder, Chief Executive Officer
  • Ted Leonsis - Board Vice Chairman
  • Mark Walsh - Board Member
  • Susan L. Bostrom - Board Member
  • General George W. Casey, Jr. - Board Member
  • Kim D. Cooke - Board Member

Senior Leadership

as of February 2013[3]

  • Ali Saadat - Board Chair, Founder, Chief Executive Officer
  • Mark Costanzo - Chief Financial Officer
  • Bobby Feigler - Chief Marketplace Officer
  • Joseph Sorisi - Chief Technology Officer
  • Lu Tupponce - Chief Administrative Officer, General Counsel
  • Gregg Brandyberry - Senior Vice President, Market Operations
  • Kris Colby - Senior Vice President, Commercial
  • Louis Schiavone Jr. - Senior Vice President, State and Local Government, Education
  • Douglas Stuck, -Senior Vice President, Federal

Contact details

FedBid, Inc.
8500 Leesburg Pike
Vienna, Virginia 22182

Email: Info AT FedBid.com
Toll-free: 877.9FEDBID
Fax: 703.442.7822

website: http://www.fedbid.com/

Resources and articles

Featured SourceWatch Articles on Fix the Debt

References

  1. FedBid.com "About Us ", accessed 2/7/2013
  2. FedBid, "Board of Directors", organization website, accessed February 12, 2013
  3. FedBid, "Senior Leadership", organization website, accessed February 12, 2013
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