Why Cooperative Purchasing
NASPO ValuePoint is a cooperative purchasing program facilitating public procurement solicitations and agreements using the NASPO ValuePoint Lead State Model®.
We are a non-profit organization dedicated to providing state Chief Procurement Officers with the support and procurement resources they need.
NASPO ValuePoint provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states and the purchasing power of their public entities, NASPO ValuePoint delivers the highest valued, reliable, and competitively sourced contracts – offering public entities outstanding prices.
History
Started in 1992, NASPO ValuePoint is the cooperative purchasing division of the National Association of State Procurement Officials (NASPO), facilitating cooperative public procurement solicitations using the NASPO ValuePoint Lead State Model®.
NASPO aggregates the demand of all 50 states, the District of Columbia, the US territories, their political subdivisions, and other eligible entities, spurring best value, innovation, and competition in the marketplace. NASPO ValuePoint delivers high-value, reliable, and competitively sourced cooperative contracts – offering public entities outstanding prices, favorable terms and conditions, and value-added services.
Please visit www.naspo.org for additional information.
What sets NASPO ValuePoint apart
- All of our contracts are awarded with full competition and full transparency.
- We help you leverage resources across states, saving states and procurement officers time and resources.
- We protect your interests with favorable terms and conditions and competitive pricing.
- Our terms are developed by public procurement professionals, subject matter experts, and users across the country.
- We reimburse states for all efforts and resources used to secure NASPO ValuePoint contracts.
- $0.82 of every dollar received is redirected to member, supplier or public entity benefit programs.
Working with NASPO ValuePoint
By working with a cooperative purchasing organization, states are able to leverage their spending through a single solicitation with the best value and superior contract terms. NASPO ValuePoint and our contractors focus on price, quality, reliability, warranties, and service while protecting states’ interests with favorable terms and conditions.
States benefit from the lower administrative costs of processing solicitations by leveraging the expertise of staff across state boundaries. This division of labor allows states to share their resources and more efficiently achieve their business goals. NASPO ValuePoint reimburses states for the costs of leading and administrating a NASPO ValuePoint, as well as for participating in sourcing teams.
Contractors also benefit considerably by avoiding repetitive bid preparation expenses, eliminating the need for repetitive bids on similar solicitations for different jurisdictions. Contractors can factor in the likelihood of greater volumes for multiple jurisdictions when determining their pricing. These savings are then passed along to the states.