NWACC’s objective is to secure competitive, transparent, and comprehensive proposals for our employee Pharmacy Benefit Manager Transparent pricing is essential and should clearly detail all cost components. Proposals must reflect 100% pass-through of all applicable rebates and payments, including but not limited to formulary rebates, manufacturer administrative fees, price protection/inflation protection payments, and any other current or future rebate-related payments. Pricing will be evaluated based on the lowest net cost on a per member per month (PMPM) basis after accounting for member cost-sharing, fees, and rebates. This includes an assessment of guaranteed minimum discounts, administrative fees, and rebate guarantees. All proposals will be reviewed and evaluated for completeness and responsiveness to NWACC’s requirements and selection criteria. Proposals will only be considered complete if the bidder fully addresses and complies with all specifications outlined in this RFP. NWACC reserves the right to award this contract in whole or in part, or to cancel this RFP and initiate a new solicitation if, in NWACC’s sole judgment, it is in the best interest of the College to do so.