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Published, Version of Record (VoR)Open Access (License Unspecified), Open Access
Published, Version of Record (VoR)Open Access (License Unspecified), Open
Report
Supply El Paso Procurement Playbook: Unlocking the Procurement Economy for Local Businesses in El Paso
23 Jan 2024
DOI:
https://doi.org/10.17918/00010549
Abstract
The "Supply El Paso Procurement Playbook" aims to leverage the procurement economy to stimulate local business growth in El Paso by focusing on federal, state, and local contracts. The playbook identifies a substantial procurement market, with contracts exceeding $2.4 billion annually. Despite this, local firms only capture 3 out of every 10 dollars in direct spending, primarily due to systemic barriers such as a fragmented procurement system and limited local participation.
To address these challenges, the playbook recommends creating a Procurement Marketplace Council (PMC), which would unify procurement processes, facilitate better connections between buyers and local suppliers, and promote inclusive growth strategies. The playbook's initiatives include the Defense Procurement Advancement Initiative and the Green Supply Chains Initiative, aiming to unlock opportunities in defense contracts and clean energy, positioning El Paso as a national model for fostering local enterprise growth through effective procurement.
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Details
- Title
- Supply El Paso Procurement Playbook: Unlocking the Procurement Economy for Local Businesses in El Paso
- Creators
- Aspen Institute Latinos & Society Program (Institution)Next Street (Institution)Equity in Infrastructure Program (Institution)Nowak Metro Finance Lab (Institution)
- Publisher
- Nowak Metro Finance Lab, Drexel University; Philadelphia, PA
- Number of pages
- 16
- Grant note
- Supported by the Irvine Foundation, Philadelphia Equity Alliance, Rockefeller Foundation and San Antonio Area Foundation
- Resource Type
- Report
- Language
- English
- Academic Unit
- Nowak Metro Finance Lab
- Other Identifier
- 991021902116104721