Did your agency jump on the Local Vendor Preference (LVP) train during the downturn of the economy? Many agencies were directed to adopt a LVP policy to give local vendors a better opportunity to win awards. In some instances, this fast-spreading trend did not provide procurement professionals the time or opportunity to really analyze the who, what, why, where, when and how of writing this new policy. Punta Gorda, Fla. boarded the train and rode it for six years. A recent bid award really ...

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