Answer
The primary benefit for suppliers who do business with the State is a single system for all procurement activities with the state.
Every aspect of your interaction with the State will be electronic and available via the Supplier Portal, including viewing bid opportunities, submitting bids, uploading documents, viewing contract awards, monitoring dashboard reporting on spend and performance evaluation, submitting invoices, and accessing invoice approval progress.
Other benefits include:
- Standardized interaction with State/non-state entities for procurement activities
- General contractors can search within VTBuys for subcontractors who are approved suppliers, and subcontractors can search for general contractors who are approved suppliers
- Access to new potential clients: VTBuys will be used by the State and some non-state entities for procurement activities
- Increased transparency in the procurement process
- Electronic creation and submission of W9s
- Online self-management for ACH information
Accordion to apply to