GICA is pleased to partner with Procurex to offer a valuable procurement portfolio option to GICA member institutions. This contract is offered through GICA’s partnership with E&I. Procurex works with colleges and universities to assist them in obtaining the best pricing possible on a variety of goods and services through reverse auctions. Reverse auctions through Procurex offer an average savings of 18% over traditional sourcing methods. Procurex provides specification creation, assists in supplier engagement, and runs the actual auction event. To ensure that an institution’s quality specifications are maintained, each college or university controls the supplier vetting as well as contracting and award decisions.
To read a case study that highlights one institution's experience, please click here.
For more information about this agreement, please contact Michael MacKinnon at 814-806-1917.