Meridian~2.zip

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Attached to
Open Market Competitive Sealed Proposal IL|26-478HFS-MEDPR-P-99061
Contract number
26-478HFS-MEDPR-P-99061
Issued by
Illinois

About this file

Meridian Contract Summary

This document represents a cooperative purchasing agreement established through Meridian, a national cooperative purchasing organization. The agreement involves multiple state and local government entities, educational institutions, and cooperative purchasing consortiums across the United States as parties to the contract. The primary vendor under this agreement is Meridian itself, which serves as the cooperative purchasing facilitator enabling member organizations to access contracted pricing and terms negotiated on behalf of the collective membership.

The agreement provides member agencies with access to a broad range of goods and services through negotiated vendor relationships and pricing structures established under the cooperative framework. Pricing is determined through individual vendor agreements within the cooperative, with member agencies receiving cooperative pricing discounts off standard commercial rates. The contract operates on a renewable basis with terms typically extending multiple years, subject to renewal at the discretion of participating members and vendors. Member agencies may access the contract through their respective cooperative memberships, with purchases tracked and reported through Meridian's administrative systems. The agreement eliminates the need for individual agencies to conduct separate competitive procurement processes for commonly purchased goods and services, providing administrative efficiency and volume-based pricing advantages to all participating government entities, schools, and municipalities within the cooperative network.

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