UMass Enters into a New Agreement with Fisher Scientific, Leveraging Laboratory Supply Volume and Optimizing Savings

Filed in Collaboration, Efficiency, Featured by on July 2, 2015

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Recently, a University-wide public bid for laboratory supplies was completed under the leadership of the UMass Procurement Council. The proposals received were very competitive and after reviewing overall cost savings for the University, the UMass System officially selected Fisher Scientific as our laboratory supplies vendor.

Benefits of the new agreement:

  • World class portfolio of products under the Thermo-Fisher and Life Technologies brands
  • Total annual savings in excess of $1,000,000 (average of 14.5%) off of current pricing. Savings will exceed $5 Million over the five year term of the agreement.
    • Includes a 4% eProcurement incentive (BuyWays)
    • Additional price discounts on highest usage products and supplies
    • Average of 28% savings off of list price, 7.7% lower than current contract
    • Additional Laboratory “Start Up” Discounts will be available

There will be no change to the current on-site laboratory “supermarket” operations in Amherst or at the Medical School and full benefits of the new agreement will be in place through the Fisher Scientific catalog by July 6th.

Do I need to do anything different to see the benefits of the new agreement?

The pricing and discounts will automatically take place and will be seamless to the purchaser/user.

In addition, once the contract is final, the UMass Procurement Council will schedule meet-n-greet events at all campuses to answer questions, introduce new and existing Fisher Scientific representatives, and help users understand all of the benefits that this contract will bring to UMass.

In order to maximize the savings under the new contract, we recommend that all orders are placed through BuyWays.

Additional Information

Feel free to contact me at Brian.Girard@umassmed.edu or contact your Campus Representative.

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