Cooperative Contracts Steer Savings

How public-sector fleets can reduce procurement time, cut costs and stretch budgets

Once know as “piggybacking”, cooperative procurement is a public purchasing method that has skyrocketed in popularity within recent years. With the method, if a single government agency has completed required steps of procurement (bid) process, established a contract for an item or groups of products and issued an award or awards to several vendors, then this contract award can be used by other government agencies for a fixed period of time.

By Steve Perlstein – featured in Government Procurement Magazine

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