TCPN (The Cooperative Purchasing Network) contracts are nationally competitively bid, evaluated, and awarded by a government entity serving in the lead agency role. Fastenal won the MRO bid with TCPN in 2008. TCPN’s contracts leverage the purchasing power of more than 30,000 actively engaged government entities. The TCPN teams have over 100+ years of government purchasing experience and 50 years in government auditing. TCPN routinely monitors the contract through third-party audits and regular reviews to ensure vendor accountability.
Departments will be able to purchase MRO Equipment, Supplies, Related Items/Services from Fastenal, under The Cooperative Purchasing Network Contract, which will eliminate the need to request price quotes.
Funds are budgeted each fiscal year for this on-going expense, Various Departments - Operating Materials; 6728.