Service Area Overview
Procurement departments or professionals are responsible for operating, maintaining, and replacing jurisdictional assets. Assets may include supplies and materials necessary for the performance of maintenance and/or technical operations, vehicles, and general office supplies. Purchasing protocols often include considerations and/or costs associated with net present and/or future value calculations, operation and maintenance, installation, and training when acquiring assets.
- Dollar amount of purchases made via purchasing card/credit card as a percentage of all purchases
- Demographics: Population, daytime population, geographic land area, and socioeconomic conditions within a jurisdiction may affect purchasing patterns, as well as the types of basic services provided by a jurisdiction. Economic conditions may affect purchasing trends over time.
- Financial Mechanisms: State statute may dictate the type and number of financial mechanisms and investments a jurisdiction may employ to secure funding for asset management.
- Contract Services: Some jurisdictions provide asset management services through contracts with neighboring communities, regional organizations, or public/private partnerships.