Contract and Vendor Management
LyncoClinical has several years of experience in different companies with all types of outsourcing activities.
Starting from a request for proposal, exactly fitting your clinical trial needs, LyncoClinical will work with you to have the most suitable CRO’s or vendor’s contacted, to accommodate your clinical trial needs. No matter if you are looking for a CRO to conduct Phase I trials in special patient populations, a CRO to conduct Phase III trials or a partnership to professionally perform your clinical trial from concept to conduct.
Each proposal will be analyzed and managed to a very detailed level the client deserves.
Proposals and bid grids can be very complex and comprehensive. LyncoClinical analyzes proposals and generates comprehensive summaries. She brings proposal documents in a format that allows for easy comparison and manages the review process.
When required Bid defense meetings will be managed in such ways that both the vendor as your company have the ability to demonstrate their ambition, capability and approach to successfully conduct your clinical trial. LyncoClinical takes charge of the organization and conduct of bid defense meetings as well as of the negotiation part with CROs.
Once approaching the Cost and contract negotiations, LyncoClinical can negotiates such stand-alone or in cooperation with your contracting group. LyncoClinicial has a long and proven experience in Contract documentation, such as Confidentiality Agreements, Master Service Agreements, Letters of Intent, Project Service Agreements, Investigator Trial Agreements, Consulting Agreements etc. including their amendments. All may be negotiated in agreement with your legal group.
Based on the results of the bid defense meetings or proposal negotiations, a recommendation for a vendor to conduct your project in agreement with the project team in charge will be done.
Further moving forward in a project, change of scope services occur. A similar analysis approach as for proposals will befollowed, taking furhter responsibility for cost negotiations. Contract amendments will be prepared in agreement with your legal group.
With quality of work being focus in all services provides by LyncoClinical Key Performance Indicators
(KPIs) are excellent and easy tools to manage the quality performance of your vendor and should be an integral part of each contract. LyncoClinical implements SMART KPIs and hosts regular review meetings with your vendors.
Beyond just contract management there is also the importance of Relationship management.
A constructive relationship with your vendors who perform important tasks and responsibilities of your project is crucial for the successful completion of your trials. LyncoClinical can act as main contact for any questions and issues around the collaboration between you as a sponsor and your vendor.