Arizona Agreement for System Procurement and Integration
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FAQ
National Association of State Procurement Officials - NASPO.
Procurement contractsoften called purchase contractsare contracts that establish a legally binding relationship between buyers and sellers that protects both entities throughout the procurement process.
Procurement involves every activity involved in obtaining the goods and services a company needs to support its daily operations, including sourcing, negotiating terms, purchasing items, receiving and inspecting goods as necessary and keeping records of all the steps in the process.
The state of Arizona utilizes the Arizona Procurement Portal (APP) as the E- Procurement system for suppliers and state agencies to conduct procurement business.
What is an SPO? The SPO is a method of procurement used for repetitive purchases from non-catalog suppliers over a period of time, with a total anticipated cost greater than $5,000.
In Arizona, a contract is an agreement entered into between two parties under mutually agreeable conditions. Each party gets something from the contract, and each party gives something. Think of a house painter who gets paid, or a person who buys a car from a dealership. Each party gets something out of the contract.
The state of Arizona utilizes the Arizona Procurement Portal (APP) as the E- Procurement system for suppliers and state agencies to conduct procurement business.
Excellence in public cooperative contracts NASPO ValuePoint is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model.
Cooperative contracts also known as cooperative procurements or cooperative agreements are agreements between the government and businesses, created in order to lower the costs of procuring goods or services that multiple entities commonly need.
