Report Podcast: State Term Contracts and Cooperative Purchasing Vehicles
The states utilize term contracting to procure IT products and services individually and through cooperative arrangements. IT-related line items are a significant part of term contract-based acquisition. The economic downturn and recent changes of administration created a dip in acquisitions across all channels. However, as revenues slowly improve, the new administrations will seek to use term contracts to procure IT faster and more affordably.
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