Did you know… What a Purchasing Consortium is?
If not, you might be missing important contracting opportunities. Many state and local organizations use purchasing consortia to obtain goods and services.
A purchasing consortium – also referred to as cooperative purchasing, or a “GPO” (Group Purchasing Organization) – is a mechanism by which multiple organizations with similar purchasing needs band together to better leverage their buying power and achieve more favorable terms and pricing from vendors. Such consortia also reduce the workload for their members by eliminating duplication of effort in issuing solicitations and managing contracts for the same good/service.