VA awards $1.7M for BK Prosthesis to Prosthetic Innovations, LLC under full and open competition

Contract Overview

Contract Amount: $17,456 ($17.5K)

Contractor: Prosthetic Innovations, LLC

Awarding Agency: Department of Veterans Affairs

Start Date: 2026-04-04

End Date: 2027-01-04

Contract Duration: 275 days

Daily Burn Rate: $63/day

Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Healthcare

Official Description: BK PROSTHESIS

Place of Performance

Location: CRUM LYNNE, DELAWARE County, PENNSYLVANIA, 19022

State: Pennsylvania Government Spending

Plain-Language Summary

Department of Veterans Affairs obligated $17,456.02 to PROSTHETIC INNOVATIONS, LLC for work described as: BK PROSTHESIS Key points: 1. Contract awarded to Prosthetic Innovations, LLC for BK Prosthesis. 2. The contract value is $1,745,602.00. 3. Competition type: Full and Open Competition after Exclusion of Sources. 4. The contract is for Surgical Appliance and Supplies Manufacturing. 5. The period of performance is 275 days.

Value Assessment

Rating: good

The contract value of $1.7M for BK Prosthesis appears reasonable given the duration and the nature of specialized medical devices. Benchmarking against similar prosthetic contracts would provide further validation.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

The contract was awarded under 'Full and Open Competition after Exclusion of Sources,' indicating a competitive process was used. This method generally promotes price discovery and ensures fair market value.

Taxpayer Impact: The use of full and open competition suggests that taxpayers are likely receiving a fair price for the prosthetics procured.

Public Impact

Veterans will receive advanced BK prosthetics, improving their quality of life and mobility. The contract supports a specialized manufacturing sector, potentially leading to innovation in prosthetic technology. The Department of Veterans Affairs demonstrates commitment to providing necessary medical equipment to beneficiaries.

Waste & Efficiency Indicators

Waste Risk Score: 63 / 10

Warning Flags

Potential for price creep if contract scope expands beyond initial requirements.
Dependence on a single vendor for a critical medical supply.

Positive Signals

Awarded through full and open competition, ensuring market-based pricing.
Long-term contract provides stability for prosthetic supply.
Focus on a specific, high-need medical device.

Sector Analysis

The Surgical Appliance and Supplies Manufacturing sector is critical for healthcare, providing essential devices for patient recovery and mobility. Spending in this sector is often driven by healthcare needs and technological advancements.

Small Business Impact

The contract was awarded to Prosthetic Innovations, LLC, a specific company. Analysis of whether this company is a small business is not provided in the data, but the contract type suggests a focus on capability over business size.

Oversight & Accountability

The Department of Veterans Affairs is responsible for overseeing this contract. Standard procurement oversight procedures should ensure compliance with terms and conditions, and quality of prosthetics delivered.

Related Government Programs

Surgical Appliance and Supplies Manufacturing
Department of Veterans Affairs Contracting
Department of Veterans Affairs Programs

Risk Flags

Potential for supply chain disruptions affecting delivery.
Risk of technological obsolescence if prosthetics are not cutting-edge.
Dependence on a single vendor for a critical need.
Ensuring consistent quality across all delivered units.

Frequently Asked Questions

What is this federal contract paying for?

Department of Veterans Affairs awarded $17,456.02 to PROSTHETIC INNOVATIONS, LLC. BK PROSTHESIS

Who is the contractor on this award?

The obligated recipient is PROSTHETIC INNOVATIONS, LLC.

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 $17,456.02.

What is the period of performance?

Start: 2026-04-04. End: 2027-01-04.

What is the specific type of BK prosthesis being procured and what are its key features?

The provided data does not specify the exact type or features of the BK prosthesis. Further details would be needed to assess if the procured device meets the latest technological standards and specific patient needs. Understanding the technical specifications is crucial for evaluating the overall value and effectiveness of the contract beyond the financial aspects.

What is the historical performance of Prosthetic Innovations, LLC with VA contracts?

Information on the historical performance of Prosthetic Innovations, LLC with the Department of Veterans Affairs is not included in the provided data. Reviewing past performance, including on-time delivery, quality of products, and adherence to contract terms, would be essential for a comprehensive risk assessment. Positive past performance would increase confidence in contract execution.

How does the unit cost compare to similar prosthetic devices procured by other federal agencies?

A direct unit cost comparison is not possible without more detailed specifications of the prosthesis and benchmark data from other agencies. However, the contract's 'Full and Open Competition' status suggests a competitive pricing environment. A formal benchmarking study against comparable federal procurements would be necessary to definitively assess cost-effectiveness.

Industry Classification

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

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

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Solicitation ID: 542-R64433

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1400 INDUSTRIAL HWY, CRUM LYNNE, PA, 19022

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $17,456

Exercised Options: $17,456

Current Obligation: $17,456

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline