Cooperative procurement refers to efforts that may result in contracts upon which other entities may 'piggyback'.

Cooperative procurement refers to efforts that may result in contracts upon which other entities may 'piggyback'.

• A. Efforts that may result in contracts upon which other entities may piggyback
• B. A practice to exclude smaller entities from bidding
• C. A requirement to issue separate tenders for each entity
• D. A procedure to cancel contracts mid-term

Answer: (A)

Cooperative procurement centers on buyers working together to obtain goods or services under a single contract that can be used by multiple entities. This approach allows participating buyers to leverage larger volumes, achieve cost savings, and streamline processes, with the contract set up so that other entities can join under the same terms, price, and conditions—this is the essence of “piggybacking.” The statement accurately captures this idea: efforts that may result in contracts upon which other entities may piggyback. The other options don’t fit because excluding smaller entities contradicts the collaborative spirit of cooperative procurement, issuing separate tenders for each entity defeats the purpose of sharing contracts, and canceling contracts mid-term is unrelated to the concept of cooperative purchasing and piggybacking.

Cooperative procurement centers on buyers working together to obtain goods or services under a single contract that can be used by multiple entities. This approach allows participating buyers to leverage larger volumes, achieve cost savings, and streamline processes, with the contract set up so that other entities can join under the same terms, price, and conditions—this is the essence of “piggybacking.” The statement accurately captures this idea: efforts that may result in contracts upon which other entities may piggyback. The other options don’t fit because excluding smaller entities contradicts the collaborative spirit of cooperative procurement, issuing separate tenders for each entity defeats the purpose of sharing contracts, and canceling contracts mid-term is unrelated to the concept of cooperative purchasing and piggybacking.