The Use of Bid Grids for Selecting a CRO as a Partner

This article in Applied Clinical Trials details how most companies use bid grids in order to establish both an overall outsourcing budget and the expected budget for individual major outsourced studies. So who's using bid grids?

According to the article 90% of the American participants of a suvey conducted by the University of Health Sciences and TTC reported using a common bid grid, in contrast to just over half, 52% percent of locations worldwide. 81% of larger pharma companies reported using a common bid grid as opposed 49% of participants from smaller companies that use a common bid grid.

Do you think bid grids are useful?