At the foundation of The MED Group's contracting process is Member input and involvement. This process requires that The MED Group staff seek discipline-specific member input into contract decisions. The MED Group staff determines the vehicle best suited to gain member involvement. In some instances, it may be through standing MED Group networks, while in other instances it may be through product-specific task forces.
The core of The MED Group’s contracting philosophy is to utilize a contract proposal process that has high integrity and involves members to the greatest practical degree. Our current Contract Advisory Team has responded to this approach with high levels of commitment and support.
All supplier proposals will be evaluated based on qualitative (non-financial) factors combined with "financial factors." Members have provided extensive input regarding the criteria to be used in the evaluation of the proposals submitted.
Contract Process Steps
- Identify Contract Targets
- Supplier Inquiry / Interest
- Product Evaluation
- Member Evaluation
- RFP Development
- Request for Proposal (RFP)
- Proposal Review
- Negotiations
- Terms & Conditions
- Programs
- Contract Development
- Prepare Contract Agreement Draft with Schedules
- Secure signatures
- Contract Completion
- Required Documentation
- Electronic Submission
- Contract Award
- Announce to Suppliers Contract Awards
- Notify Non-Awarded Suppliers of award decision
- Announce to Members Contract Awards
- Contract Launch
