VA's $67.5M March 2026 NX Orders for Surgical Instruments from Medtronic Inc

Contract Overview

Contract Amount: $67,520 ($67.5K)

Contractor: Medtronic Inc

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-03-01

End Date: 2026-03-31

Contract Duration: 30 days

Daily Burn Rate: $2.3K/day

Competition Type: COMPETED UNDER SAP

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: EXPRESS REPORT:NX ORDERS PLACED DURING MARCH 2026

Place of Performance

Location: MINNEAPOLIS, HENNEPIN County, MINNESOTA, 55440

State: Minnesota Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $67,520 to MEDTRONIC INC for work described as: EXPRESS REPORT:NX ORDERS PLACED DURING MARCH 2026 Key points: 1. Significant spending on surgical and medical instruments. 2. Competition method indicates potential for good pricing. 3. Risk of reliance on a single manufacturer for specific instruments. 4. IT sector is not directly applicable; focus is on medical devices.

Value Assessment

Rating: good

The total award amount of $67.52 million for a 30-day period suggests a substantial volume of orders. Benchmarking against similar contracts for surgical and medical instruments is necessary to fully assess value, but the firm fixed price contract type is a positive indicator.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was competed under SAP (Simplified Acquisition Procedures), suggesting a competitive process for awards below the simplified acquisition threshold. This method generally promotes price discovery and can lead to favorable pricing for the government.

Taxpayer Impact: The use of competitive procedures, even under SAP, aims to ensure taxpayer funds are used efficiently for necessary medical supplies.

Public Impact

Ensures availability of critical surgical and medical instruments for VA facilities. Supports healthcare delivery to veterans by providing necessary medical equipment. Potential for cost savings through competitive bidding processes.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Potential for price increases if competition is not sustained.
Dependence on Medtronic for specific instrument needs.

Positive Signals

Competitive award process.
Firm fixed price contract type.

Sector Analysis

This spending falls within the medical device manufacturing sector, specifically surgical and medical instruments. Benchmarks for this sector often consider innovation, regulatory compliance, and supply chain reliability in addition to price.

Small Business Impact

The data does not indicate if small businesses were involved in this specific procurement. Further analysis would be needed to determine the extent of small business participation.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement oversight processes should be in place to ensure compliance and performance.

Related Government Programs

Surgical and Medical Instrument Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for supply chain disruption.
Risk of price increases in future procurements.
Limited vendor options for specific instruments.
Dependence on a single manufacturer.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $67,520 to MEDTRONIC INC. EXPRESS REPORT:NX ORDERS PLACED DURING MARCH 2026

Who is the contractor on this award?

The obligated recipient is MEDTRONIC 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 $67,520.

What is the period of performance?

Start: 2026-03-01. End: 2026-03-31.

What is the average per-unit cost for the instruments procured under this order compared to market rates?

A detailed analysis of the unit costs for each instrument type against market benchmarks is crucial. Without specific itemized data, it's difficult to ascertain if the $67.52 million award represents optimal value. Comparing these unit prices to those from other federal agencies or commercial entities would provide a clearer picture of cost-effectiveness.

What are the risks associated with relying on a single manufacturer for these critical instruments?

Reliance on a single manufacturer, even if competitively sourced initially, poses risks of supply chain disruptions, price escalation in future procurements, and limited access to newer technologies. Diversifying the supplier base or establishing strong long-term agreements with performance incentives could mitigate these risks.

How effectively does this procurement support the VA's mission of providing timely and quality healthcare to veterans?

This procurement directly supports the VA's mission by ensuring the availability of essential surgical and medical instruments. Timely delivery and quality of these instruments are critical for uninterrupted healthcare services. The competitive nature of the award suggests an effort to achieve this efficiently.

Industry Classification

NAICS: Manufacturing › Medical Equipment and Supplies Manufacturing › Surgical and Medical Instrument Manufacturing

Product/Service Code: MEDICAL/DENTAL/VETERINARY EQPT/SUPP

Competition & Pricing

Extent Competed: COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Parent Company: Medtronic Public Limited Company

Address: 710 MEDTRONIC PKWY, MINNEAPOLIS, MN, 55440

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Financial Breakdown

Contract Ceiling: $67,520

Exercised Options: $67,520

Current Obligation: $67,520

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Parent Contract

Parent Award PIID: 36C10G21D0030

IDV Type: IDC

Timeline