The 2023 Spend and Savings Rebate process has been completed and we are pleased to report that the USA member spend qualified for rebate exceeded $310 million.  This resulted in the largest ever rebate for our USA member companies and continues to reflect our members’ increased utilization of USA contracts.

In addition, First Cost Savings and Total Cost of Ownership (TCOs) increased significantly in 2023.

• USA Suppliers recorded $20.7 million of First Cost Savings in 2023 which reflected a 22% increase from 2022.
• USA Suppliers also reported $21.1 million in TCO savings for our member companies which was more than double what was recorded in 2022. $6.4 million of the TCOs related to hard dollar savings for our members while the remaining $14.7 million were soft savings.

USA Supplier partners were very proactive in documenting the value provided to our members and are continuing to work to identify event-based savings.

Overall, the 2023 Spend and Rebate process was a success, and we appreciated all the support from our members and Supplier Partners.