Cooperative Purchasing

The City of Bentonville is apart of the following Cooperatives:

  1. Sourcewell
  2. HGACBuy
  3. Buyboard
  4. Omnia
  5. TIPS
  6. GSA (General Services Administration)

The City of Bentonville utilizes cooperative contracts for several strategic reasons:

  • Cost Savings: Cooperative contracts allow the City to leverage the purchasing power of multiple government entities. This aggregation often leads to more competitive pricing than if the City were to negotiate contracts individually.
  • Time Efficiency: These contracts are pre-negotiated, which reduces the time and effort required to go through a traditional procurement process. This is especially beneficial for obtaining high-demand goods and services quickly and efficiently.
  • Compliance and Transparency: Cooperative contracts are typically awarded through a competitive bidding process, ensuring compliance with procurement regulations. This transparency helps the City meet legal requirements while minimizing risk.
  • Access to a Broader Range of Products and Services: Through these contracts, the City can access a wider variety of vendors and products, including specialized equipment and services that might not be available locally or through other purchasing methods.
  • Quality and Reliability: Vendors selected through cooperative agreements are often highly vetted, ensuring that the City of Bentonville benefits from high-quality goods and services.