What We Do
Collaboration
Many societies buying separately pay retail. The same societies buying through the federation negotiate as one customer.
In practice
What this means in practice
- Group purchasing for consumer goods, vehicles and building materials.
- Joint ventures between societies that cannot fund a project alone.
- Shared service arrangements for accounting, audit preparation and software.
- Negotiated group terms with insurers, banks and housing developers.
The mechanics
How it works
Societies register interest in a scheme. When enough demand is pooled, FEDCOOP negotiates terms and publishes them to all members.
Each society still signs its own agreement and keeps full control of its funds.
Collaboration