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Monday, November 3, 2014

What Is A Purchasing Cooperative?

According to widipedia, A purchasing cooperative is a type of cooperative arrangement, to combine buying power to get lower prices from selected suppliers. Purchasing Cooperatives are used most frequently by governmental entities, since they are required to follow laws requiring competitive bidding above certain thresholds. Counties, municipalities, schools, colleges and universities in the majority of states can sign an interlocal agreement or contract that allows them to legally use a contract that was procured by another governmental entity.

What types of commodity are there?
There are various types of commodities. Purchasing rules vary from state to state so many purchasing commodities choose to make a Statewide offering. For example CES of NEW MEXICO offers suppliers and services to local or state agencies who wants to be a free member of the commodity and take advantage of the time and financial savings realized throughout the state of New Mexico. The goal of CES is to provide superior services through strategic partners.

Other commodities make offerings to federal agencies. For example GSA is a national commodity, that any federal agency can purchase goods or services. Some state and local agencies recognize GSA, and others do not. The state procurement regulations dictate availability of this on a local/state basis.

Modular Solutions, Ltd is a procurement partner on the CES and GSA Schedule.

For more information on purchasing modular buildings through a commodity contract visit our team for a FREE consultation!

Modular Solutions, Ltd

Phone: 800-441-8577 x 1
Email: information@mod-sol.com
website: www.modularsolutionsltd.com

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