PROVIDENCE – The R.I. Department of Administration says it has slashed the state’s costs for physical-records management by 70 percent, and it is inviting municipalities to share in the savings by piggybacking on the contract.
“This is another grand slam for Rhode Island taxpayers,” said Brian P. Stern, who oversees the department’s Division of Purchases. “Once again, the state has achieved major savings simply by putting our business out to bid.”
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Under the contract awarded to Capital Records Management Center Inc., annual costs for storage and retrieval of paper records are expected to average less than $250,000, down from nearly $1 million under the current contract, for a five-year savings of $3.5 million.
Stern predicted similar savings from the state’s electronic records contract, for which 13 bidders are vying. He also noted that the paper records contract allows all state government branches, municipalities and school districts to take advantage of the negotiated price.
