Teaming up on banking services: how combining business volumes can drive down costs.

While the economy is now showing signs of recovery, most government revenue sources have yet to turn the corner. As a result, many governments still find themselves struggling to meet increased demand for services with constrained resources. In this environment, governments must take advantage of cost saving opportunities wherever possible. Many governments have banded together to achieve savings, adopting such strategies as merging city and county services, sharing facilities, and combining buying power in joint purchasing bids.

There is nothing particularly unique about the cooperative procurement of products such as oil, gas, asphalt, salt, furniture, office ...