RFP Development and Contract Analysis

Expert consulting throughout the RFP process and vendor contracting

RFP development and analysis

ECRI’s capital/IT equipment experts take a hands-on approach—consulting with you at every step in the process. We provide guidance from developing RFPs with detailed technical specification and pricing forms to obtaining concise, objective, and comparable responses from vendors.

As part of RFP development and analysis, ECRI experts provide you with:

  • RFP process suggestions based on best practices
  • Project timelines
  • Questions for key stakeholders
  • Customized electronic RFP documents
  • Detailed analysis of RFP responses
  • ECRI’s recommendation

Contract/Proposal analysis and review

ECRI’s Sourcing experts can conduct a deep dive into your facility’s contract pricing and terms for detailed benchmarking and cost comparisons. We review vendor contracts and proposals item by item, making comparisons based on proposed models and configurations, contract terms, and service costs. The resulting analysis highlights potential negotiable cost savings.

We also deliver personalized support through five key steps of the Sourcing process:
1. Plan RFP scope, timeline, and vendors list
2. Analyze responses and compare proposals
3. Decide which vendors meet or exceed requirements
4. Negotiate for best pricing and service coverage
5. Monitor new contracts to assess cost savings

ECRI’s tailored analysis provides specific recommendations for capital and IT equipment based on vendor responses to your facility's RFP. Our detailed reports recommend a specific vendor based on your facility’s clinical and technical requirements, life-cycle costs, and safety considerations.

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.
ECRI Member

We deliver a snapshot of the market—including a summary of key vendors and products. Easy-to-read tables summarize pricing information, trends, and ECRI member interest. The report serves as a foundational document for purchasing managers who are considering new equipment and technologies.

Interested in learning more?

Setup a consultation with an ECRI expert to learn how we support you throughout the RFP process and sourcing process.