Vermonters benefit from:

• Increased transparency of SOV procurements through public access and visibility into State purchases (what was bought, by who, at what price, etc.)
• Increased supplier participation and competitiveness, enabling the State to find the best possible product at the best price
• Aggregated supplier performance data and State demand data to inform contract pricing 

End user benefits include:

• Shortened cycle times, elimination of redundant and obsolete systems and processes, including reducing data re-entry and the associated potential for error
• Easier and more effective collaboration on procurements within and across agencies and departments
• Consistent procurement practices, methods, and outcomes through use of standards, templates, and a common set of automated tools
• Reduced number of duplicative sources for procurement rules, policies, information, and documents.
• Increased security and control of State procurement data and documents by reducing physical and electronic storage locations
• Improved accountability and auditability
• Improved control over spending under management, including the ability to track and report contract price compliance and invoicing errors
• Better access to  the best prices through comparisons across State contracts
• Broader supplier diversity through increased access and opportunities for the small business community

VTBuys will make it easier to do business with the state by promoting a business-friendly environment, modernizing procurement, and enabling self-service capabilities for suppliers. Greater efficiency, transparency, and economies of scale will also offer value to the State and our purchasing partners.

The current system is complex and inefficient.

Modernizing our procurement system and processes will enable the State and its suppliers to benefit from modern technologies that will improve overall efficiency, transparency, and economies of scale.

The State is seeking to gain efficiencies and insight into spend and improve the State end-user and Supplier experiences throughout the State’s procurement, contracting, and purchasing processes. 

The Department of Buildings and General Services (BGS) is sponsoring and leading this initiative.

VTBuys is the State of Vermont’s online platform for sourcing (competitive solicitations), contracting, supplier management, and procurement activities.

It will be used by all agencies, departments, and suppliers selling to the State.