Cooperative procurement definition
Examples of Cooperative procurement in a sentence
Cooperative procurement programs are designed to provide value to agencies in areas such as reduced administrative costs, accelerated service delivery, lower pricing or opportunities for increased standardization.
Goods and services may be purchased, without a local IFB or RFP, through contracts currently held by other public bodies, 2 such as:o Cooperative procurement agreements with other localitieso Contracts held by the Commonwealth of Virginia (“state contract” purchases)o Contracts awarded by the U.S. General Services Administration (GSA) or other U.S. government agencies Sole source contracts.
Cooperative procurement includes but is not limited to multiparty contracts and price agreements.
Cooperative procurement programs, intergovernmental agreements, joint procurements and piggyback procurements with other public agencies may be used when consistent with applicable state statutory and federal grant requirements.
Cooperative procurement is a process by which two or more governmental jurisdictions join together to purchase supplies or services from the same vendor.