Fact Sheet
GrantPlan Benchmark Data Story
Dec 13, 2024
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IQVIA GrantPlan is a tool to provide industry benchmark data of site budget. IQVIA collect final negotiated budget (FMV; Fair Market Value) as a result of bona fide bargaining between clients and sites, create industry benchmark data and provide it to clients. Clients calculate site budget for new studies with the benchmark and provide site budget to all sites using the same calculation method and based on the market value. This process is called benchmark costing calculation and used as general site budget calculation for countries except Japan.

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