iX Systems has created a simple web based application for posting bounties, getting developers and sponsors on board, posting the committed code in a browser viewable format, and then handle final payout upon completion.
I don’t know current the sponsorbsd website is, since the test projects are quite dated. Maybe Matt from iXsystems can leave a comment here when he reads this and give us an update on how current the website is.
It’s definitely a good idea, I think.
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- Why FreeBSD 8 won’t rewrite the book
- iXsystems acquires BSD Mall
- BSD Fund sponsoring BSDCan 2010

Something similar:
http://www.freebsdbounties.info/bounties