With more than five million products posted on eVA and more than 17,200 private vendors registered, eVA continues to solidify its reputation as the premier government Internet purchasing system in the nation. More than 500 government agencies and institutions make purchases and transactions through eVA. There is a wide range of products available, ranging from fuel, vehicles and maintenance services to office supplies.
"The commonwealth uses eVA to increase efficiency, leverage buying power, and reduce the cost of government," said Warner. "Virginia continues to have the largest volume of any system of its kind. This milestone of $2 billion means we have achieved a fundamental change in how we conduct our business. I'm proud of the fact that Virginia continues to lead the nation in e-procurement."
Electronic procurement stimulates competition among businesses to supply goods and services to government. It also levels the playing field for smaller businesses. More than 9,200 of eVA's registered vendors are small and minority-owned businesses and more than $340 million has been spent through eVA with small businesses.
"eVA creates efficiencies for government and for private businesses by eliminating paperwork and unnecessary steps -- saving both time and money," said Secretary of Administration Sandra Bowen. "Private businesses spend about 1 percent of their procurement budget on processing while government typically spends 5.5 percent. Fully implemented, eVA is expected to reduce government processing costs to 2 percent -- saving millions a year."