Prescription Drug Pharmacy Network

DEPARTMENT OF FINANCE

Published: Jan 19, 2018

Updated: Jun 21, 2026

Source: chicago_contracts

This tender has been awarded

Awarded to CAREMARK INC — $200,000,000

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About This Opportunity

Services contract award: Prescription Drug Pharmacy. By Department OF Finance in United States, healthcare. Awarded to CAREMARK INC (USD 200.0M, Jan 2018).

This is a services contract in the health and medical services and finance and banking sectors, with a focus on Pharmaceuticals and Health Financing. Located in United States, North America, this opportunity is open to firms and consortiums, with an estimated budget of USD 200.0 million.

Published through Chicago Contracts, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the health and medical services sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

This tender seeks to establish or renew a contract for a prescription drug pharmacy network within the United States. The Department of Finance, specifically acting through the Comptroller's office, is the contracting authority. The procurement is focused on securing comprehensive pharmacy services, likely encompassing a network of retail pharmacies and potentially mail-order services, to facilitate the dispensing of prescription medications.

The objective is to ensure accessible and cost-effective access to prescription drugs for a defined population, which could include government employees, retirees, or beneficiaries of specific programs administered by the contracting authority. Typical requirements for such a tender would involve the establishment and maintenance of a robust pharmacy network that meets geographical coverage needs, adherence to stringent dispensing regulations, and the implementation of quality assurance protocols. Vendors are expected to demonstrate capabilities in claims processing, drug formulary management, and potentially clinical programs aimed at improving health outcomes and managing drug spend. Furthermore, the contract will likely stipulate pricing structures, reimbursement methodologies, and reporting requirements related to prescription utilization and cost.

This procurement aims to leverage the expertise of specialized vendors to manage and optimize the provision of essential prescription drug services.

Data provenance

This notice is sourced from Chicago Contracts and was originally published on January 19, 2018. Last refreshed 4 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About DEPARTMENT OF FINANCE

DEPARTMENT OF FINANCE has issued 617 procurement notices on BidsFactory, including 4 currently open and 597 awarded contracts. Activity concentrates in Finance & Banking, Audit, Accounting & Risk, and Health & Medical. Tenders span 5 countries including Australia, Ireland, and United States. Notices are distributed via Chicago Contracts, ireland_etenders_csv, and UK FTS - Find a Tender Service. Most recent publication: June 15, 2026.

Frequently asked questions about this tender

What type of contract is this?

This is a Services contract in the Health & Medical sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

CAREMARK INC was awarded the contract for $200,000,000. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit Chicago Contracts to access the full notice, required documents, and submission instructions provided by the contracting authority.

Is this tender still open?

No — the contract has already been awarded to CAREMARK INC. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by DEPARTMENT OF FINANCE in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.