Consolidated purchasing in the business-to-government (B2G) marketplace is the practice of bundling projects that could otherwise be purchased separately into a single procurement.
Government agencies are increasingly using consolidated purchasing as a tactic to extract efficiencies out of the procurement process. For government vendors, this means potentially fewer open bids & RFPs, but doesn’t necessarily mean less dollars up for grabs. Instead, it puts an increased priority for vendors to have access to actionable insights on upcoming projects, even years before the bid or RFP is published.
Browse Onvia’s consolidated purchasing resources below to stay on top of this important trend in government contracting: