Cooperative contracts save agencies time and money by piggybacking on competitively bid contracts. If Texas negotiates a great price on vehicles, other states can purchase at that price without conducting their own procurement. For vendors, cooperative contracts provide access to a vast customer base through a single award. Major cooperatives include NASPO ValuePoint (state procurement officers), Sourcewell (formerly NJPA), OMNIA Partners, and U.S. Communities.
A technology vendor wins a NASPO ValuePoint contract for laptops through a competitive process administered by the lead state. Now, agencies in all 50 states can purchase laptops at the contracted price without running their own RFP.
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