Local Government Agencies Enhanced System Improves Procurement Process with IPT by BidNet

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Interactive Procurement Technologies by BidNet (IPT) launches a new version of the Rocky Mountain E-Purchasing System network enabling local government agencies in the Rocky Mountain Region to decrease procurement costs.

Interactive Procurement Technologies by BidNet (IPT) launches a new version of the Rocky Mountain E-Purchasing System network enabling local government agencies in the Rocky Mountain Region to decrease procurement costs.

On the behalf of the Rocky Mountain E-Purchasing System’s 1,020 government agency departments, IPT launched an enhanced web site (http://www.rockymountainbidsystem.com) which provides an efficient online platform for local agencies to streamline their procurement process and reduce costs, as well as to make it easier for vendors to do business with the government.

The improvements to the local governments’ e-procurement system include:

  •     New System Architecture
  •     Simplified NIGP Code Selection Process
  •     Community Discussion Forum
  •     Cooperative Purchasing
  •     Electronic Bid Submission Capabilities
  •     Additional Vendor Database Integrity
  •     Contemporary Website Redesign

Colorado, Wyoming and other Rocky Mountain Region state and local government resources are being stretched thinner every day with tightened budgets. Agencies must do more with less. “The enhancements made to our e-procurement system leverages process automation and shared resources to make it easier for the agencies to optimize their efficiency while cutting costs,” affirmed IPT Vice President Dan Ansell. “The Cooperative Purchasing new feature is especially helpful to agencies looking to lower costs through aggregated quantities with other agencies for higher volume purchases.”

In addition to providing the ability to leverage shared resources, the procurement system also provides government agencies greater process transparency and makes it easier for vendors to do business with the local government. “Agencies save money and their vendors get centralized access to bid opportunities; all players within the procurement cycle win,” Ansell added.

Rocky Mountain E-Purchasing System is accepting new local agencies to join the community of 76 Colorado and Wyoming government agencies posting RFPs and RFQs from over 1,000 departments to update their procurement process. Scheduled demonstrations are available to government agencies by contacting IPT by BidNet. There is no cost to use the procurement system, and vendors receive free access to bid documents.

About Interactive Procurement Technologies by BidNet:

Interactive Procurement Technologies by BidNet develops and manages online government purchasing systems, allowing for streamlined bidding, sharing of resources, and vendor management. They currently serve more than 700 government agencies, 8,000 purchasing officials, and more than 100,000 vendors through 19 e-procurement networks across the country. More information is available at http://www.iptbybidnet.com, or by calling 800-835-4603.

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Kimberly Cullen

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