Contract and Price Management

Novation manages the contract life cycle on behalf of members, beginning with our competitive contract process and continuing through implementation and management, and ongoing support. Novation does this by:

• enhancing contract and supplier performance through supplier selection, implementation and management strategies
• using data-driven decisions to define, enforce and monitor pricing throughout the term of the contract
• applying diversification, differentiation and innovation to implement contracting programs, and strategies that maximize contract value and meet individual needs