RFP Development and Contract Analysis
Expert consulting throughout the RFP process and vendor contracting
RFP development and analysis
ECRI experts take a hands-on approach—consulting with you at every step in the process. We provide guidance from developing RFPs with detailed service requirements and pricing forms to obtaining concise, objective, and comparable responses from vendors.
As part of RFP development and analysis, ECRI experts provide you with:
- Stakeholder interviews
- Project timeline
- Fully customized RFP
- RFP analysis
Contract/Proposal analysis and review
ECRI experts conduct a deep dive into your facility’s contract pricing and terms for detailed benchmarking and comparison to support negotiation planning. We review vendor contracts item by item, making comparisons based on common units of measure, contract terms, and service level. The resulting analysis highlights potential negotiable cost savings.
We also deliver personalized support through five key steps of the RFP process: Analyze, Plan, Decide, Negotiate, and Monitor Results. The tailored analysis provides specific recommendations for purchased services based on vendor responses to your facility's RFP. Our detailed reports recommend a specific vendor based on responses, hospital needs, service features, costs, and user experience.
Our facility will save $700,000 over the five-year contract… Thank you so much for the work you all did. The work made it possible to be where we are today.
We deliver a snapshot of the market—including a summary of available services and key vendors. Easy-to-read tables summarize pricing information, trends, and member interest in the service. The report serves as a foundational document for purchasing managers who are considering a new purchased service or renewing an existing contract.