NIH Spends $31.7M on Biomedical Research with Washington University Over 20 Years

Contract Overview

Contract Amount: $31,705,192 ($31.7M)

Contractor: Washington University, the

Awarding Agency: Department of Health and Human Services

Start Date: 1992-09-30

End Date: 2012-09-29

Contract Duration: 7,304 days

Daily Burn Rate: $4.3K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 21

Pricing Type: COST SHARING

Sector: R&D

Official Description: BIOMEDICAL (BASIC)

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63130

State: Missouri Government Spending

Plain-Language Summary

Department of Health and Human Services obligated $31.7 million to WASHINGTON UNIVERSITY, THE for work described as: BIOMEDICAL (BASIC) Key points: 1. Significant long-term investment in biomedical research. 2. Washington University is a key research partner. 3. Contract duration suggests sustained program support. 4. Potential for high-impact scientific discoveries.

Value Assessment

Rating: good

The contract value of $31.7 million over 20 years averages to approximately $1.58 million per year. This seems reasonable for a large-scale, long-term biomedical research project, especially considering the potential for significant discoveries.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a competitive bidding process. This method generally leads to better price discovery and ensures the government receives competitive offers.

Taxpayer Impact: The substantial investment supports critical research, potentially leading to advancements that benefit public health and the economy, justifying the taxpayer expenditure.

Public Impact

Supports cutting-edge biomedical research with potential for public health breakthroughs. Long-term funding provides stability for research teams and projects. Enhances the research capabilities of Washington University.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Positive Signals

Sector Analysis

This contract falls within the Biomedical (Basic) research sector, a critical area for scientific advancement and public health. Spending benchmarks in this sector can vary widely based on project scope and duration, but long-term, multi-million dollar awards are common for foundational research.

Small Business Impact

No specific information is provided regarding small business participation in this contract. The primary awardee is a large university, and it's unclear if subcontracts were utilized or if small businesses were involved in the competitive process.

Oversight & Accountability

The long duration of the contract (20 years) necessitates ongoing oversight to ensure funds are used effectively and research objectives are met. The National Institutes of Health (NIH) would be responsible for monitoring progress and performance.

Related Government Programs

Risk Flags

Tags

department-of-health-and-human-services, mo, definitive-contract, 10m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Health and Human Services awarded $31.7 million to WASHINGTON UNIVERSITY, THE. BIOMEDICAL (BASIC)

Who is the contractor on this award?

The obligated recipient is WASHINGTON UNIVERSITY, THE.

Which agency awarded this contract?

Awarding agency: Department of Health and Human Services (National Institutes of Health).

What is the total obligated amount?

The obligated amount is $31.7 million.

What is the period of performance?

Start: 1992-09-30. End: 2012-09-29.

What specific research areas were funded under this contract, and what were the key milestones or deliverables?

The data indicates 'BIOMEDICAL (BASIC)' research. Without further details, it's impossible to specify the exact research areas. Key milestones and deliverables would typically be outlined in the contract's statement of work, detailing expected scientific progress, publications, or discoveries over the 20-year period.

How was the value of $31.7 million determined, and were there mechanisms for adjusting funding based on research progress or outcomes?

The total value was likely determined based on projected research needs over 20 years, including personnel, equipment, and supplies. Cost-sharing suggests a partnership where both the government and the university contribute. Adjustments would typically be managed through contract modifications based on performance reviews and evolving research requirements.

What is the expected return on investment for this $31.7 million expenditure in basic biomedical research?

The return on investment for basic research is often measured in scientific advancement, new knowledge, and potential long-term health benefits rather than immediate financial returns. Discoveries could lead to new treatments, diagnostic tools, or a deeper understanding of diseases, ultimately saving lives and reducing healthcare costs.

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Offers Received: 21

Pricing Type: COST SHARING (T)

Contractor Details

Address: ONE BROOKINGS DR, SAINT LOUIS, MO, 63130

Business Categories: Category Business, Corporate Entity Tax Exempt, Educational Institution, Higher Education, Nonprofit Organization, Not Designated a Small Business, Higher Education (Private), Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $682,901,306

Exercised Options: $663,161,924

Current Obligation: $31,705,192

Contract Characteristics

Commercial Item: COMMERCIAL ITEM PROCEDURES NOT USED

Timeline

Start Date: 1992-09-30

Current End Date: 2012-09-29

Potential End Date: 2012-09-29 00:00:00

Last Modified: 2024-11-23

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