
Cooperative Purchasing Alliance (CPA)
A Cooperative Purchasing Alliance (CPA) is a group of organizations that come together to buy goods or services collectively. By pooling their purchasing power, members can often secure better prices, terms, and selection than they would individually. This partnership reduces costs and administrative effort for each member, making procurement more efficient and economical. CPAs are common among government agencies, nonprofits, and businesses seeking cost savings through collaboration. Essentially, it's a team effort to buy smarter and more affordably by leveraging shared resources.