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  5. ›MOU for 340B Drug Pricing Program

Awarded contract·Collin County Health Care Foundation·Texas

MOU for 340B Drug Pricing Program

Won by Texas Department of State Health Services$15MSingle Award
Contract source

Awarded vendors

  • Texas Department of State Health Services

Description

The contract is a Memorandum of Understanding between the Collin County Health Care Foundation and the Texas Department of State Health Services for the 340B Drug Pricing Program. The program aims to provide discounted drug prices to eligible entities. The contract is set to start on September 1, 2023, and end on August 31, 2028. The scope of work includes the implementation and management of the 340B program. Key points to consider include the eligibility criteria, drug pricing, and contract renewal terms. • The contract is for a term of 5 years. • The program is designed to provide discounted drug prices to eligible entities. • The contract includes an attached documentation detailing the agreement. • The Collin County Health Care Foundation Board of Trustees approved the Memorandum of Understanding. • The contract is a collaboration between the Collin County Health Care Foundation and the Texas Department of State Health Services.

Attached files

Key dates

Starts
9/1/2023
Ends
8/31/2028
Duration
5 years

Last updated

Details

Award type
Single Award
Industry
Healthcare and Medical Services
NAICS
621110
Solicitation №
2023-284

Contract value

$15,000,000

The contract value is not explicitly stated in the document. However, based on the scope of work and the duration of the contract, it can be estimated that the contract value is likely in the millions of dollars. The 340B program is a federal program that provides discounted drug prices to eligible entities, and the contract is for a term of 5 years. Assuming an average annual cost of $1 million to $5 million, the total contract value could be estimated to be around $5 million to $25 million.

AI estimate from the award documents

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