Good, Bad, and Ugly: The Debate with Using Cooperative Procurement Agreements
Good, Bad, and Ugly: The Debate with Using Cooperative Procurement Agreements
Conference RegistrationSession Details
Date: Monday, June 30
Time: 1:30 pm - 2:20 pm ET
1 CPE credits
Level: intermediate
Field of Study: Finance
Location: Room 145
Large cooperative procurement agreements can provide many benefits including better pricing, shorter purchasing timelines, access to pre-negotiated contracts, and improved supplier relationships. However, using a cooperative agreement also can limit new ideas, reduce opportunities for suppliers, require governments to accept less than ideal terms, and create the potential for conflict with procurement policies or grant requirements.
In this session, speakers will present the pros and cons of cooperative procurement and provide best practice strategies for evaluating options and incorporating cooperative procurement into your procurement policies.
Learning Objectives
Understand the overall market for using cooperative procurement.
Recognize the risks and limitations that come with competitive procurement.
Develop effective strategies for incorporating cooperative procurement options into your procurement policies.