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News & Press: Procurement News

Add Power to the Public Dollar

Monday, July 18, 2022  

Did you know public agencies will purchase over $52 billion from cooperative contracts in 2022.

Why is this?

GovWin, from Deltek’s 2022 survey, reports public agencies are looking to cooperative purchasing for price benefits, convenience, and added contract value. The pre-bid research is one of the most challenging aspects of procurement, and cooperative contracts satisfy competitive bidding, making purchasing faster and more efficient.

What can take months to procure can now be purchased within a matter of weeks or even days.

Sourcewell has prepared the Decider Guide – a handy, one-stop document with resources and success stories to help navigate the world of cooperative purchasing.

The Client Relations team at Sourcewell can also serve as your guide. Reach out to the team at service@sourcewell-mn.gov with questions or to schedule a group presentation.