At some point, government agencies must replace key equipment, such as fleet vehicles and maintenance equipment. These items take a hefty toll on an agency’s budget, as do the staff hours related to procuring them. However, cooperative procurement offers a better way to approach purchasing fleet units and maintenance equipment, saving both time and ensuring a better price for these items.
Cooperative procurement allows government agencies to purchase equipment under another government entity’s contract. A single lead agency establishes a contract for a product, an award is made, and other agencies can use this same contract to make purchases. Government-to-government cooperatives pool resources, offering multiple contracts with various lead agencies for a variety of equipment and vendors, and guaranteeing the lowest price.
By Shelley Mika – Government Fleet Magazine