VA awards $24.7M task order to VETERANS EVALUATION SERVICES, INC for physician services in FY24

Contract Overview

Contract Amount: $247,282,070 ($247.3M)

Contractor: Veterans Evaluation Services, Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2023-10-01

End Date: 2024-09-30

Contract Duration: 365 days

Daily Burn Rate: $677.5K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: FY24 FUNDING TASK ORDER.

Place of Performance

Location: HOUSTON, HARRIS County, TEXAS, 77008

State: Texas Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $247.3 million to VETERANS EVALUATION SERVICES, INC for work described as: FY24 FUNDING TASK ORDER. Key points: 1. The award represents a significant investment in physician services for veterans. 2. Competition details are not fully specified, but the contract type suggests a competitive process. 3. Potential risks include service delivery quality and contractor performance over the 365-day period. 4. The sector is healthcare, specifically physician services, a critical area for the VA.

Value Assessment

Rating: good

The award amount of $24.7M for a 365-day period appears reasonable for specialized physician services. Benchmarking against similar VA contracts for physician staffing would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under full and open competition, indicating a robust price discovery process. This method generally leads to more competitive pricing.

Taxpayer Impact: Taxpayer funds are being used for essential healthcare services, with competition aiming to ensure value for money.

Public Impact

Veterans will receive essential medical evaluations and services, potentially improving access and quality of care. The contract supports the VA's mission to provide comprehensive healthcare to its beneficiaries. The award contributes to the healthcare services sector, supporting jobs and specialized medical expertise.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for service delivery delays or quality issues.
Reliance on a single contractor for a critical service.

Positive Signals

Awarded under full and open competition.
Addresses a critical need for veteran healthcare services.

Sector Analysis

This contract falls within the healthcare sector, specifically physician services. Spending benchmarks for similar physician support contracts within the VA can vary widely based on specialty and location.

Small Business Impact

The data indicates this contract was not awarded to small businesses, as 'sb' is false. Further analysis would be needed to determine if small business set-asides were considered or if larger prime contractors were deemed necessary.

Oversight & Accountability

Standard oversight mechanisms for VA contracts would apply, including performance monitoring and quality assurance. The effectiveness of oversight will depend on the VA's diligence in managing the contract.

Related Government Programs

Offices of Physicians (except Mental Health Specialists)
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Contractor performance risk.
Service quality assurance.
Potential for scope creep.
Timeliness of service delivery.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $247.3 million to VETERANS EVALUATION SERVICES, INC. FY24 FUNDING TASK ORDER.

Who is the contractor on this award?

The obligated recipient is VETERANS EVALUATION SERVICES, INC.

Which agency awarded this contract?

Awarding agency: Department of Veterans Affairs (Department of Veterans Affairs).

What is the total obligated amount?

The obligated amount is $247.3 million.

What is the period of performance?

Start: 2023-10-01. End: 2024-09-30.

What is the specific scope of services covered by this task order and how does it align with VA's current healthcare needs?

The task order is for physician services, likely encompassing evaluations and potentially treatment, as indicated by the contractor's name. The specific scope needs detailed review against VA's strategic healthcare priorities and identified service gaps to ensure alignment and maximize value.

What are the key performance indicators (KPIs) for VETERANS EVALUATION SERVICES, INC, and how will their performance be measured?

Key performance indicators would typically include metrics such as appointment availability, wait times, patient satisfaction, accuracy of evaluations, and adherence to VA protocols. Performance measurement is crucial for ensuring the quality and timeliness of services provided to veterans.

How does the pricing structure compare to industry standards for similar physician evaluation services, considering the firm-fixed-price nature of the award?

A firm-fixed-price contract provides cost certainty. Benchmarking the per-service or per-provider cost against market rates for similar contracted physician evaluations is essential. The $24.7M award over one year suggests a substantial volume or high-cost specialty, requiring careful price validation.

Industry Classification

NAICS: Health Care and Social Assistance › Offices of Physicians › Offices of Physicians (except Mental Health Specialists)

Product/Service Code: MEDICAL SERVICES › NURSING, NURSING HOME, EVAL/SCREEN

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 2707 NORTH LOOP W # 1000, HOUSTON, TX, 77008

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Financial Breakdown

Contract Ceiling: $247,282,070

Exercised Options: $247,282,070

Current Obligation: $247,282,070

Actual Outlays: $200,976,358

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C10X19D0009

IDV Type: IDC

Timeline