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  "documentTitle": "Proposal Spend Analysis Procurement Virginia",
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      "text": "We expect the Commonwealth to realize up to $900 Million (~10% of FY2021 discretionary spend base) in annual run-rate savings by January 2024, based on 2021 spend.",
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      "text": "Phase 1 – Identify the Opportunity [Assessment and Initial Planning in this RFP]\nPhase 2 – Plan Implementation and Capture Quick Wins [Detailed Planning and Implementation in this RFP]\nPost-Phase 2 and Next Steps – Execute and Sustain [Execution of Phase 2 in this RFP]",
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      "text": "We have done an initial review of the 2021 procurement spend data and see similar themes from our prior procurement work. Consistent with the value realized with other clients in the past on over 990 procurement projects, where we achieve ~5-10% savings over the addressable base and based on an initial review of the Commonwealth of Virginia discretionary spend, we expect the Commonwealth to realize up to $900 Million (~10% of FY2021 discretionary spend base) in annual run-rate savings by January 2024, based on 2021 spend.",
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