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20182019 AGREEMENT FOR A CONTRACTED INDEPENDENT ORGANIZATION 1. Representations and Submissions The undersigned Contracted Independent Organization (CIO) represents to the University of Virginia (University)

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How to fill out group purchasing agreement

01

Review the group purchasing agreement thoroughly and understand the terms and conditions.

02

Provide all the necessary information about your organization, including name, address, and contact details.

03

Identify and select the products or services you would like to procure through the group purchasing agreement.

04

Negotiate and agree upon the pricing and discounts with the supplier or vendor.

05

Determine the duration of the agreement and any renewal clauses.

06

Ensure the agreement includes clear terms regarding delivery, payment terms, and any penalties or recourse in case of non-compliance.

07

Verify that the agreement complies with any legal and regulatory requirements applicable to your organization.

08

Have all parties involved in the agreement, including authorized representatives, sign the document.

09

Keep a copy of the fully executed agreement for your records.

10

Monitor the performance of the supplier or vendor to ensure compliance with the terms of the agreement.

Who needs group purchasing agreement?

01

Any organization or business that wishes to benefit from collective purchasing power, cost savings, and streamlined procurement processes can benefit from a group purchasing agreement.

02

This includes but is not limited to hospitals, healthcare facilities, schools, universities, non-profit organizations, government agencies, and businesses operating in sectors with a high volume of procurement.

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What is group purchasing agreement?

A group purchasing agreement is a contract between a group of entities, typically in healthcare or business sectors, that allows them to purchase goods or services together at a reduced cost due to the collective buying power.

Who is required to file group purchasing agreement?

Typically, organizations engaged in group purchasing, including healthcare providers, hospitals, or businesses participating in group purchasing organizations (GPOs), are required to file group purchasing agreements.

How to fill out group purchasing agreement?

To fill out a group purchasing agreement, complete all required fields such as the names of the parties involved, details of the products or services being procured, pricing structures, and terms of the agreement. Ensure all necessary signatures are included.

What is the purpose of group purchasing agreement?

The purpose of a group purchasing agreement is to leverage the collective buying power of multiple entities to secure better prices, terms, and conditions for goods and services.

What information must be reported on group purchasing agreement?

Information that must be reported includes the names of the participating entities, descriptions of the products or services, pricing details, contract duration, and any other terms relevant to the agreement.

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