Cost Savings Program

Through our partnership with the Biotechnology Industry Organization (BIO), the international association for the biotech industry, The Tech Council of Maryland (TCM) members can take advantage of discounts and other benefits on products and services from industry-leading suppliers through BIO’s cost savings program, BIO Business Solutions. This partnership provides TCM members excellent discounts and special benefits on such products and services as laboratory products and equipment, clinical trials, liability and other lines of commercial insurance policies, news distribution services, shipping, secure document sharing, office supplies, computer and technology products and more. By leveraging the large group spend of members, TCM provides solutions that bring value to the members across its entire product offering.

Who is eligible to join the program?
The cost savings program is open to all TCM members. Member companies can use one, some, or all of the special pricing arrangements offered through the program.

Are these programs only for life science companies?
No. While some of the individual programs are relevant to only life science companies, every company type and industry can benefit from the savings available through our other programs (e.g. office supplies, shipping services, shared document services, insurance and more.)

What are the advantages of participating in the program?
The discounted prices and value added features available to you are based on the total volume of the program. This program gives you the purchasing power of the largest companies in your industry. We have pooled the purchasing power of thousands of companies to benefit your company.

How much does it cost to participate in the program?
There is no charge to use the program. The program is a member benefit of TCM.

I already use one of the preferred suppliers. Will I have to change the way I do business with that provider? Will I have a limited selection?
Not at all. The individual cost savings programs do not restrict your purchasing selection to a short list of obscure “close out” items. In most cases, the full selection of products and services offered by a supplier are available to you at a discounted price. You do not have to change the way you do business to enjoy discounts and other benefits. In fact, you can request a pricing analysis of your current spend to determine the most economical alternative for your company, without any obligation to join the program.

I already use one of the preferred suppliers. How do I get the discounted pricing?
Simply contact TCM or the provider and inform them that you would like to enroll and take advantage of their cost savings program. A previous customer relationship with the partner does not affect your eligibility to use our program.

Contact: See the cost savings and review a list of our reputable partners to get more information. Click here for more information on the Tech Council of Maryland Cost Savings Program.

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