The State of Idaho’s primary research university (UI) to deploy the Spikes Cavell Observatory to drive the delivery of procurement savings.
UI engages Spikes Cavell Analytic Inc., to standardize, classify, enrich and collate $50m of annual spend data and deploy the Spikes Cavell Observatory to deliver improved spend visibility in the hunt for procurement savings..
Herndon, VA – 13 August 2012 – the University of Idaho (UI) announced that it has concluded a “Best Value” structured RFP process and selected Spikes Cavell as its preferred supplier of spend analysis services. Spikes Cavell will now commence the process of cleansing, classifying and enriching UI’s spend and p-Card data and deploying its online spend and contract analytics tools – the Observatory. The multi-year contract includes a public agency clause that allows use of the contract by all public agencies in the State of Idaho as well as any agency of the state government; or any city or political subdivision of another state.
Chris Johnson, Director, Contracts and Purchasing Services, said of this process “UI has used the “Best Value” approach to vendor selection developed at Arizona State University for some years and achieved outstanding results in several areas. At the conclusion of our evaluation of spend analytics providers, Spikes Cavell was selected to deliver the spend visibility that will enable UI to drive the transformation of procurement and deliver tangible savings for the University.”
Chris Johnson added, “Working with the outputs from the Spikes Cavell Observatory will enable UI’s procurement team to offer more effective support to the budget holders with the goal of ensuring optimum value is achieved for every $dollar spent on goods and services.”
Luke Spikes, President & CEO of Spikes Cavell Analytic Inc., said, “We are delighted to have won through after a very rigorous and exceptionally thorough competitive process. We now look forward to getting quickly to work to transform UI’s spend data, implement the Observatory and equip UI’s procurement team with the spend intelligence, online tools and analytical insight they need to deliver cash savings.”
About the University of Idaho
The University of Idaho is the State of Idaho’s oldest public university located in the rural city of Moscow in Latah County in the norhthern portion of the state. UI is the state’s primary research university, and enrols more national merit scholars than all other institutions in the state combined.
The university presently has an enrolment exceeding 12,000, with over 11,000 on the Moscow campus. The university offers 142 degree programs, from accountancy to wildlife resources, including bachelor’s, master’s, doctoral, and specialists’ degrees. Certificates of completion are offered in 30 areas of study. At 25% and 53%, its 4 and 6 year graduation rates are the highest of any public university in Idaho, and it generates 74 % of all research money in the state, with research expenditures of $100 million in 2010 alone.