Lowest bidder wins!

There’s an idea I’d like to have had myself: Underbay is a (german) web site where companies can bid on contracts, just like in eBay. Only difference: the lowest bidder wins! Great idea to stimulate smaller businesses. There is a small problem, though: in many contracts, you wouldn’t decide on price alone – speed, reputation, quality are also important. Anyway – anything that stimulates the german economy should be cheered nowadays!