Deltek Unveils New State & Local Government Term Contract Resource Delivering Clarity & Benchmarking to the Fragmented World ...
May 31 2012 - 4:05PM
Business Wire
Deltek, Inc. (Nasdaq: PROJ), the leading global provider of
enterprise software and information solutions for professional
services firms and government contractors, announced the release of
a new State & Local government term contract resource that
provides insight and analysis about hardware, software and
professional services term contracts and related pricing
information, including contract details and pricing on GSA
Schedules authorized for cooperative purchasing.
This new resource helps companies find out which term contracts
each state maintains, which agencies have to use these term
contracts and separately which agencies or governments have access
to these term contracts. Additionally, the resource contains
information on which companies are on these contracts and their
pricing.
In recent years, state and local governments and education
institutions have shifted billions of dollars from one-time
purchase custom contracts to term contracts awarded to multiple
vendors, in which those vendors provide volume discounts or compete
for task orders against other qualified vendors. Unlike traditional
procurements which are open for public bidding, only the vendors
holding a position on the master contract are eligible to bid on or
satisfy term contract orders.
“Over the past several years, state and local government
spending on term contracts has soared to over $20 billion per year,
yet there’s very little consistency from state to state in the
reporting or listing of these contracts,” said Schalene Dagutis,
Vice President for State & Local Research and Analysis Services
at Deltek. “With the new release of Deltek’s GovWin IQ State &
Local government term contract resource, companies will from one
search be able to access contract and cooperative purchasing
vehicles, vendor, pricing and contact information. This is critical
information for a company to make intelligent decisions when
prioritizing how and where to deploy their limited business
development resources.”
The new resource allows organizations to access key information
to:
- Discover which contracts are a good fit
for their products/services
- Understand where their competitors hold
contracts
- Gain insight into their competitors’
pricing
- Learn which term contracts have
mandatory use provisions
- Understand which other governments may
use term contracts
- Determine which contracts are open
enrollment vs. re-compete timeframes
- Uncover cooperative purchasing
contracts that can be used by many government jurisdictions
Key features of the new product include powerful search tools,
the ability to compare pricing information on the fly, and detailed
information on over 15,000 contracts across 50 states and the
District of Columbia, including GSA Schedule contracts for
information technology and law enforcement solutions. The number of
state and local government programs and GSA Schedules covered by
the resource will continue to expand in the coming months to
include additional and newly established contracts.
For more information on Deltek’s new State & Local term
contract resource and insight into state and local governments’ use
of term contracts register for the free Deltek webinar on June 7 at
2:00 p.m. EDT.
About Deltek
Deltek (Nasdaq: PROJ) is the leading global provider of
enterprise software and information solutions for professional
services firms and government contractors. For decades, we have
delivered actionable insight that empowers our customers to unlock
their business potential. 15,000 organizations and 2 million users
in over 80 countries around the world rely on Deltek to research
and identify opportunities, win new business, optimize resources,
streamline operations, and deliver more profitable projects. Deltek
– Know more. Do more.® www.deltek.com.
Follow us on Twitter @GovWin or like us on facebook.
Deltek, Inc. (MM) (NASDAQ:PROJ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Deltek, Inc. (MM) (NASDAQ:PROJ)
Historical Stock Chart
From Jul 2023 to Jul 2024