The Cooperative places strong emphasis on using an open, competitive process for the award of vendor goods and services. BuyBoard uses a proposal invitation process to award contracts to vendors for goods and services that Cooperative determines, based on a review of all vendor-submitted proposals and an evaluation of multiple published criteria, represent the best value. The Cooperative gives broad notice of opportunity to vendors to encourage vendor participation and increase competition. Proposal invitations are publicly advertised in multiple newspapers and on the Cooperative’s BuyBoard vendor website.
The Cooperative’s proposal invitations incorporate full, detailed descriptions of the contract requirements for vendors, including specifications for product and service categories, requirements vendors must fulfill, and all other factors to be used in evaluating proposals.
Proposals are then reviewed, analyzed, and scored based on the criteria outlined in the proposal terms and conditions by a procurement committee. Criteria generally includes factors such as:
- Price Competitiveness
- Vendor Past Performance
- Vendor Reputation for Goods and Services
- Financial and Technical resources
- Capability of servicing Cooperative members
- Any other factor or requirement listed in the proposal invitation
Recommendations are prepared and presented to the Cooperative Board for consideration of award. The Cooperative’s Board awards contracts on the basis of best value based of the criteria outlined in the proposal invitation.