The University of Texas System (UT System) is seeking to accredit qualifying group purchasing organizations (GPOs) that can provide GPO services to UT System or its institutions. The accreditation process will involve a review of the GPO's internal controls, procurement and contracting standards, and value component test. The value component test will assess whether the GPO can add sufficient value to UT System to justify accreditation. The accreditation process will be conducted annually, and accredited GPOs will be required to submit updated applications and participate in periodic formal reviews.
• The accreditation process will involve a review of the GPO's internal controls and procurement and contracting standards.
• The value component test will assess whether the GPO can add sufficient value to UT System to justify accreditation.
• Accredited GPOs will be required to submit updated applications and participate in periodic formal reviews.
• The accreditation process will be conducted annually.
• The UT System Audit Office will conduct an assessment of the GPO's materials to determine whether they meet the standards of the GPO Accreditation Program.
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