As educational institutions face increasing financial pressure and staffing challenges, procurement teams are asked to deliver more, and often with fewer resources. At the same time, ensuring compliance, reducing cycle times, and maximizing supplier performance remain top priorities.
Cooperative purchasing contracts have become essential in balancing these goals. According to the National Cooperative Procurement Partners (NCPP), co-op purchasing options made up between 11% and 19% of overall contract spend across public procurement over the past decade. More than 85% of all government entities use cooperative purchasing contracts to some degree.
Cooperative purchasing contracts save time and money. Adoption often yields savings of 10–15% while reducing the time spent on the procurement cycle by up to 50%.
But not all cooperative contracts are the same. Understanding the range of co-op purchasing options available and how to evaluate them can make all the difference.
Cooperative purchasing contracts are competitively solicited agreements offered through purchasing cooperatives. Instead of each institution issuing its own RFP, a cooperative conducts a solicitation on behalf of its members, aggregating demand to secure better terms.
For educational institutions, these contracts:
There are several types of cooperative purchasing contracts.
These are contracts that have been competitively solicited by a national cooperative organization. Benefits include:
Limitations:
These contracts originate from a specific institution, district, or agency but include language that allows other entities to “piggyback” on the agreement.
Benefits:
Limitations:
These can be appealing for academic institutions that need quick access to niche offerings or contracts that fit local preferences.
These agreements are developed by state or regional purchasing groups and are typically focused on serving institutions within a geographic boundary.
Benefits:
Limitations:
Designed exclusively for the academic market, these cooperative purchasing contracts address the unique needs of educational institutions.
Benefits:
Limitations:
A national purchasing cooperative that focuses exclusively on education combines the best of both worlds. E&I Cooperative Services is the only member-owned nonprofit sourcing coop that works solely in the education sector, providing national reach to deliver cost savings and terms tailored to academic institutions.
Choosing the best education cooperative purchasing contracts involves more than checking eligibility. Here are some of the key factors to consider, given the unique needs and requirements of academic intuitions:
Answering these questions helps you make better, compliant decisions.
Cooperative purchasing contracts are powerful tools for procurement teams looking to simplify sourcing, increase savings, and stay compliant. Whether you are part of a district-level procurement office, a university purchasing department, or a multi-campus system, the right cooperative purchasing strategy can drive efficiency, reduce risk, and free up time to focus on what really matters: education.
E&I Cooperative Services offers co-op purchasing options designed for academic institutions of all sizes. Leveraging aggregated demand of more than 6,000 member institutions, E&I can secure significant volume discounts and make sure each contract is tailored to meet the unique needs of member institutions.
Ready to find the right co-op purchasing option for your institution? Search hundreds of ready-to-use cooperative purchasing contracts at E&I Cooperative Services, or apply for membership to get started.