Generally speaking, agencies should use BIC solutions to save time and money. Acquisition professionals can confidently use and recommend BIC solutions, knowing that they have undergone thorough vetting processes.
1. BIC solutions help direct agencies to solutions that offer favorable, pre-negotiated terms and rates while avoiding the time-consuming process of having to conduct a new (and redundant) solicitation.
2. Because BIC solutions are required to have all of their transactional data in the Prices Paid Portal, market research and estimating processes are easier and government-wide insights into buying behaviors are growing more robust.
3. BIC solutions support government-wide migration to mature, market-proven solutions and facilitate the optimization of spend within the government-wide category management framework.