Case Study: FGV reduces minor contracts and boosts savings with Vortal’s eSourcing platform

FGV - Customer Case Study

Ferrocarrils de la Generalitat Valenciana (FGV) faced a need to comply with new public procurement laws and rationalize spending by reducing its high volume of minor contracts. To achieve greater transparency, efficiency, and cost savings, FGV turned to vendor Vortal and implemented its eSourcing platform to bid on Dynamic Purchasing Systems (DPS).

Vortal's solution provided a completely electronic DPS procedure that streamlined FGV's procurement, increased market competition, and sped up internal processes. The measurable results were significant: a 65% decrease in minor contracts, average savings of 17% on contracts, and a 42% reduction in the cost of awarding them.

FGV