Have you ever noticed how buying lighting fixtures for your organization often feels way more expensive than it should? Not just the LED lighting itself, but the hours of back-and-forth emails, legal reviews, and consultant fees. Before the first commercial lighting solution even ships, you’ve already burned through serious dollars.
That’s where cooperative purchasing (co-op purchasing) comes in. Instead of reinventing the wheel with every procurement, co-ops like TIPS and AEPA let you “tap into” agreements that are already fully compliant, saving your money and ready to go.
At Ikio, we’ve seen how this approach helps agencies and organizations both time and money. And as a commercial lighting company delivering everything from street lighting poles to smart lighting systems, we know procurement is about more than just the product, it’s about the total cost of getting it into place.
Here are three ways co-op purchasing really helps you stretch your budget.
Here’s a fact: according to procurement industry benchmarks, administrative overhead can account for up to 20% of total project cost.
Think about it, hours spent drafting RFPs, paying for legal reviews, chasing signatures, and dealing with compliance audits. All that effort before a single lighting fixture is ordered.
With co-op purchasing, this headache is gone. The bid has already been run at the national level. Vendors like Ikio are pre-vetted. That means your procurement team doesn’t need to start from scratch.
Less paperwork. Fewer delays. More time spent actually lighting your spaces, not chasing documents.
One of the biggest perks of co-op purchasing is scale. You’re not just buying as a single agency, you’re buying as part of a nationwide network. That translates into:
Think of it like buying in bulk at Costco, except instead of snacks, you’re getting energy-efficient lighting solutions that will serve your buildings for years.
Here’s another stat: traditional procurement cycles can drag on for 60 to 120 days. That’s months of waiting while projects stall and costs creep upward.
With co-op contracts, that timeline shrinks dramatically. Because the competitive bid and vendor vetting are already handled, you can move from decision to delivery in a fraction of the time.
Faster procurement means:
Cutting procurement time in half often translates to real, measurable savings.
Compliance, Without the Headaches
One of the most stressful parts of procurement is making sure everything is 100% compliant. Get it wrong, and you risk audits, penalties, or even redoing the entire process.
That’s why co-op contracts like TIPS and AEPA matter. They’re:
With Ikio, compliance isn’t an afterthought — it’s built into the way we work.
When you add it all up, procurement isn’t just about buying a product. It’s about managing:
Admin + Legal + Delays + Resources
Co-op purchasing reduces each of these, delivering smarter, faster, and more cost-effective procurement.
At Ikio, we help organizations access these benefits while delivering best-in-class LED lighting solutions, from smart home lighting controls to architectural and industrial lighting systems.
Procurement shouldn’t cost more than the product itself. With Ikio and co-op purchasing, you can:
Let’s fix procurement together. Contact Ikio today to learn how co-op purchasing can streamline your next project.
When it comes to procurement, trust and compliance are everything. That’s why buyers nationwide choose Ikio: