DOCUMENT

MODL - Cost Saving Tracking Examples

  • ENTITY TYPE: K-12
  • TYPE OF DOCUMENT: MODL - Model, Templates
The document is a procurement guideline for cost savings, avoidances, and revenue generation in the Richland County School District One. The purpose of the guideline is to provide a methodology for evaluating, determining, and reporting cost savings, avoidances, and revenue generation. The document defines various terms such as purchasing savings, cost avoidance, and revenue generation. It also outlines the criteria for cost savings and provides examples of what does not qualify as procurement savings. The document emphasizes the importance of meeting the district's needs with the best quality of products and services, rather than solely focusing on cost savings. The document includes a form for reporting cost savings, avoidances, and revenue generation, which requires a brief description, reference to solicitation/contract number, end user estimate, negotiated price, and the difference.
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