Cooperative Procurement: Group buying power saves time & money

Cooperative procurement allows government agencies to purchase equipment and vehicles under another government entity’s contract.

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

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