VA Awards $106.5M Task Order to Veterans Evaluation Services for Physician Offices in FY25

Contract Overview

Contract Amount: $106,521,414 ($106.5M)

Contractor: Veterans Evaluation Services, Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2024-10-01

End Date: 2025-09-30

Contract Duration: 364 days

Daily Burn Rate: $292.6K/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: MDE FY25 TASK ORDER.

Place of Performance

Location: HOUSTON, HARRIS County, TEXAS, 77008

State: Texas Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $106.5 million to VETERANS EVALUATION SERVICES, INC for work described as: MDE FY25 TASK ORDER. Key points: 1. Significant contract value of over $106 million for physician office services. 2. Awarded under full and open competition, indicating a competitive bidding process. 3. Potential risk associated with a single delivery order for a full fiscal year. 4. Focus on healthcare services, specifically physician offices, aligns with VA's mission.

Value Assessment

Rating: good

The contract value of $106.5 million for a 12-month period appears reasonable for comprehensive physician office services. Benchmarking against similar large-scale healthcare service contracts would provide a more precise assessment.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded through full and open competition, suggesting that multiple vendors had the opportunity to bid. This method generally promotes competitive pricing and ensures the government receives the best value.

Taxpayer Impact: The competitive nature of this award is expected to yield fair pricing, maximizing the value of taxpayer funds allocated for essential healthcare services.

Public Impact

Veterans will benefit from continued access to essential physician office services. The award supports the operational capacity of the Department of Veterans Affairs. The contract's duration ensures stability in service delivery throughout FY25. Potential for job creation within the healthcare sector through this contract.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Single delivery order for the entire fiscal year duration.
Reliance on a single vendor for critical physician services.

Positive Signals

Awarded via full and open competition.
Clear service period defined (FY25).

Sector Analysis

This contract falls within the healthcare sector, specifically focusing on physician office services. Spending in this area is critical for the VA's mission to serve veterans. Benchmarks for similar physician support contracts can vary widely based on scope and location.

Small Business Impact

The data indicates this contract was awarded to Veterans Evaluation Services, Inc. There is no explicit information provided regarding subcontracting opportunities for small businesses on this specific task order.

Oversight & Accountability

The Department of Veterans Affairs is responsible for oversight of this contract. Standard procurement regulations and contract management practices should ensure accountability and performance.

Related Government Programs

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

Risk Flags

Potential for vendor lock-in if performance is satisfactory and renewal is likely.
Dependence on a single vendor for a full fiscal year of critical services.
Risk of cost overruns if the firm-fixed-price model does not adequately account for unforeseen service demands.
Need for robust performance monitoring to ensure quality of care.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $106.5 million to VETERANS EVALUATION SERVICES, INC. MDE FY25 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 $106.5 million.

What is the period of performance?

Start: 2024-10-01. End: 2025-09-30.

What is the specific scope of services included in this $106.5 million task order for physician offices?

The provided data specifies the NAICS code 621111, 'Offices of Physicians (except Mental Health Specialists),' indicating the general area of service. However, the precise details of the services, such as the number of physicians, specialties covered, patient volume, or specific administrative functions, are not detailed. A comprehensive understanding requires reviewing the full task order document.

What are the key performance indicators (KPIs) used to evaluate the performance of Veterans Evaluation Services, Inc. under this contract?

Performance metrics are crucial for ensuring the quality and effectiveness of healthcare services. While not detailed in the summary data, typical KPIs for such contracts might include patient wait times, patient satisfaction scores, adherence to clinical protocols, and administrative efficiency. The contract itself would outline these specific KPIs and the associated evaluation methodology.

How does the pricing structure of this firm-fixed-price contract compare to industry standards for similar physician support services?

Firm-fixed-price contracts aim to establish a set price regardless of the contractor's actual costs. To assess if $106.5 million for a year of physician office services is competitive, one would need to compare it against benchmarks for similar contracts, considering factors like geographic location, specific medical specialties, and the breadth of services (e.g., administrative support, clinical staffing). Without these comparative data points, a definitive assessment of value is challenging.

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: $106,521,414

Exercised Options: $106,521,414

Current Obligation: $106,521,414

Actual Outlays: $69,574,583

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C10X19D0003

IDV Type: IDC

Timeline