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St. Vrain procurement reports $4.2 million in FY25 savings, cites $17.6 million in purchases
Summary
The district’s procurement director told the board the department facilitated $17.6 million in purchases and achieved roughly $4.2 million (19%) in cost savings in fiscal year 2025 through competitive solicitations and cooperative contracts.
The St. Vrain Valley Schools procurement department told the Board of Education on Aug. 13 that it facilitated $17.6 million in purchases and contracts in fiscal year 2025 and achieved more than $4.2 million in cost savings, a roughly 19 percent savings rate. “Through strategic sourcing, competitive bidding and the use of cooperative contracts we achieved over $4,200,000 in cost savings,” Procurement Director Tim Wellman told the board during his districtwide savings presentation. “This represents a 19% savings rate across all purchases, meaning nearly one in every five dollars spent was saved through our procurement efforts.” Wellman reviewed performance metrics the department tracks: 53 formal solicitations…
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