Case Number 090044 - CUFS - Computerized Term Contract Buying

Contact: Geoffrey Pinski
Email: pinskig@ucmail.uc.edu
Phone: 513-558-5696

Description:  The best buying tool available for any large comprehensive institution is the Annual Term Contract. In return for the pooled buying power for a commodity or service, the bidding vendors promise a fixed price and discount to the institution, most often for the entire year. Purchase discounts average thirty percent. As important as fixed prices are in an inflationary economy, and volume discounts are in any economy, convenience is the value added with these computerized programs of term contract buying .