First Contract Awarded Through the State of Arizona eProcurement Solution -- 'SPIRIT'.Business Editors PHOENIX--(BUSINESS WIRE)--April 22, 2004 The Arizona State Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. Office (AzSPO) announced today that the first contract has been awarded utilizing the new SPIRIT Government eProcurement solution. Senior Procurement Officer Doug Boyer completed the "Bond Underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. " procurement and awarded contracts through the SPIRIT application in less then 60 days. Boyer said, "Not only did it decrease the amount of time to complete the procurement process for ADOA ADOA Arizona Department of Administration ADOA Air Defense Operations Area ADOA American Dog Owners Association, Inc. , but made it easier for suppliers to submit and monitor their proposals." SPIRIT (http://spirit.az.gov) is the state's automated eProcurement system and was developed to increase the efficiency of procuring goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , leverage buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. , and improve customer service. ADOA performed a complete process re-engineering evaluation more than a year prior to initiating development, which enabled them to bring a 162-step manual procurement process down to 22 steps and improve productivity by as much as 20 percent. By using the SPIRIT system, suppliers will be able to prepare and submit bids and proposals over the Internet. SPIRIT was developed by interZnet, a technical services and software company based in Scottsdale, Ariz. SPIRIT was completed in Q3 2003 and the first solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual was posted in February 2004. As of press time there are 12 solicitations in progress and more than 6,500 vendors registered. Zev Nadler, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. interZnet, said, "interZnet is excited about successfully delivering on the vision of AzSPO and appreciated the opportunity to work on such a high-profile solution." The goal of AzSPO is to implement the SPIRIT application in all state agencies and offer the application to all cities, counties and school districts by Aug. 1, 2004. John O. Adler, director AzSPO, said, "SPIRIT is an intuitive and flexible system that supports every type of government procurement Government procurement, also called public tendering, is the procurement of goods and services on behalf of a public authority, such as a government agency. With 10 to 15% of GDP in developed countries, and up to 20% in developing countries, government procurement accounts . It was designed by professional public procurement officers for professional public procurement officers." About interZnet Founded in 1995, interZnet provides solutions and software to real business problems by applying appropriate technology and process with business sense. That means that we take the time to understand our clients' businesses and to help them develop their vision. We then follow proven methodologies to ensure that we deliver the right solution for our clients' needs within their schedule and budget. interZnet is located in Scottsdale, Ariz. at 7835 E. Redfield Rd., Suite 202; their address on the Web is www.interZnet.com. About ADOA The Arizona Department of Administration, State Procurement Office, is the central procurement The procurement of materiel, supplies, or services by an officially designated command or agency with funds specifically provided for such procurement for the benefit and use of the entire component or, in the case of single managers, for the Military Departments as a whole. authority for the state of Arizona. Procurement is managed through the development of policies, training, and agency delegations. ADOA also establishes and administers statewide contracts for state agencies and political subdivisions. These contracts are established from individual requests and focus-group activities with the state agencies and participating members of the Cooperative Purchasing Partnership. The Cooperative Purchasing Partnership includes more than 400 colleges and universities, counties, cities, school districts and qualified not-for-profit organizations. |
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