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cooperative contracts are agreements between the government and businesses that help simplify the challenges of procuring goods or services for public sector agencies with cooperative purchasing agencies can work together in a collaborative bidding process to share the administrative burden of procurement alternatively agencies can leverage the pricing on a contract that has already been awarded by another agency in this instance the preliminary work has already been completed saving your team valuable time that would otherwise be spent sorting through contractors to find a competitive offer cooperative purchasing is becoming increasingly popular for federal state and local entities across the board thanks to the time and cost savings it offers organizations like yours are already juggling increasingly complex budgets limited resources and heightened expectations when youre working to solve challenges or jump start critical projects adding a lengthy procurement process just isnt feas