Vancouver Procurement Report 2023

The City of Vancouver has released its Annual Procurement Report for 2023, highlighting the city's procurement activities, savings, and sustainable initiatives. The report covers the period from January 1, 2023, to December 31, 2023.

• The City awarded $478,599,975 in contracts in 2023, resulting in $34,815,536 (~7%) in procurement savings.
• Council approved 18 contracts valued at $311 million, and the Bid Committee approved 49 contracts valued at $350 million.
• 87.3% of contracts were awarded through a competitive bid process, and 12.7% were sole sourced under the Procurement Policy provisions.
• The City generated $1,580,922 in revenue through the auctioning of surplus assets.

• The City's Sustainable Procurement program focuses on supporting Council priorities and strategies, including the Climate Emergency Action Plan and Healthy City Strategy.