Use of Cooperative Contracts for Public Procurement Best Practice.pdf

The document discusses the practice of using cooperative contracts in public procurement to achieve benefits such as lower prices, reduced administrative costs, increased competition, and more favorable terms. It defines cooperative procurement as combining the requirements of multiple entities to leverage volume purchases and other advantages. The concept of piggybacking is explained, where entities can benefit from the pricing and terms of contracts entered into by others. The document outlines the elements of conducting due diligence, obtaining necessary contract documents, and administering cooperative contracts. It emphasizes the importance of legal compliance, competitive requirements, and ensuring best value. The background section highlights the advantages of cooperative contracts in saving time and money, obtaining quality products, and standardizing services. It also mentions the need for proper due diligence before engaging in cooperative procurement and the importance of compliance with applicable laws.