Pharmaceutical Prime Vendor & Specialty Pharmaceuticals

The Massachusetts MED56 Pharmaceutical Prime Vendor & Specialty Pharmaceuticals statewide contract provides comprehensive pharmaceutical procurement services for state and local government entities. The vehicle covers a wide range of pharmaceutical products, including prescription and over-the-counter medications, vaccines, biologics, oncology drugs, specialized medications, and related medical supply items. Eligible purchasers can procure pharmaceuticals through this contract with provisions for next-day delivery, free shipping on orders over $250, and emergency service capabilities. The contract supports various healthcare facilities, including state hospitals, correctional facilities, cities, towns, public libraries, schools, higher education institutions, and non-profit organizations.

The contract is managed by the Operational Services Division and features Cardinal Health 110 LLC as the primary vendor, with ASD Specialty Healthcare, LLC (Besse Medical) as a secondary vendor. The current contract period runs from July 1, 2023, to June 30, 2029, with a potential four-year extension to 2033. The estimated contract value is $162,600,000, with pricing structured through an Enhanced Cost of Goods Matrix offering discounts ranging from -4.3% to -7.3% based on monthly purchase volume. The contract requires a minimum 1% commitment to diverse business enterprises and covers the entire Commonwealth of Massachusetts, including service to state islands and remote locations. Vendors must maintain high fill rates of at least 95% and provide weekly pricing updates.