Procurement Plan for a healthcare project Implementing Predictive Analytics within Radiology Reporting System Many projects have sub-consultants, sub-contractors, and suppliers. What outside products and services are required? How they will be procured. How their progress and quality will be monitored. Develop a Statement of Work (SOW): statement of what work the outside contractor must perform. Usually, the technical details are kept separate from the contractual stuff (bidding procedures, insurance requirements, etc.), therefore the technical details are called the SOW or the Terms of Reference, and the contractual stuff is called Request for Proposal, Request for Quotation, Invitation to Tender, etc. Perform the Procurement: When Request for Proposal (RFP), which includes the Statement of Work (SOW) is finalized, it is sent to the bidders to perform the procurement. Once the bids are in, a winning bidder must be chosen. Be sure you write that you are free to pick any bidder rather than just the lowest, because if you dont; you might be forced to pick the lowest (in most jurisdictions). Progress Payments: contractors are paid based on the amount of work completed per month (or some other time period); some documentation is required but the invoice is sent, the progress is verified, and the bills get paid