Overcome Resource Challenges With Cooperative Purchasing

Overcome Resource Challenges With Cooperative Purchasing

If you procure heavy equipment for states,counties or other municipalities, you face a host of challenges every day. Vital work that can’t be postponed. Competing priorities that stretch your fleet to the limit. Rigid procurement policies. Aggressive deadlines. Budget cuts. Staff shortages. A demanding public. How do you succeed? Cooperative purchasing may be an effective strategy.

What It Is

The National Institute for Public Procurement (NIGP) defines cooperative procurement as “the combining of requirements of two or more public procurement entities to leverage the benefits of volume purchases, delivery and supply chain advantages, best practices, and the reduction of administrative time and expenses.” The Government Contracts Reference Book uses fewer words, describing cooperative purchasing as “two or more governments purchasing under the same contract.”
There are many other definitions out there, as well as several types of cooperative purchasing models. But in the final analysis, all have one thing in common: multiple agencies buying as one, acquiring the power and efficiency no single group has on its own.

To read more about how it works and how you can benefit, view the Cooperative Purchasing brochure.

Foley Cat is also on NJPA cooperative purchasing contracts:

For generators and back up power solutions:
Contract # 092409 -CAT
For heavy equipment solutions:
Contract # 060311 -CAT

If you have any questions or would like to know more, contact George Vorreas at 732-540-4875